Fieldpoint Private Securities LLC Buys New Holdings in Littelfuse, Inc. (LFUS)
Fieldpoint Private Securities LLC bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,477 shares of the technology company’s stock, valued at approximately $4,403,000. Littelfuse makes up about 1.9% of Fieldpoint Private Securities LLC’s holdings, making the stock its 7th largest holding. Fieldpoint Private Securities LLC owned about 0.10% of Littelfuse as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. BlackRock Inc. lifted its position in shares of Littelfuse by 0.6% in the 2nd quarter. BlackRock Inc. now owns 2,267,726 shares of the technology company’s stock valued at $374,174,000 after acquiring an additional 13,076 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Littelfuse by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 1,878,924 shares of the technology company’s stock valued at $310,023,000 after acquiring an additional 31,326 shares in the last quarter. State Street Corp lifted its position in shares of Littelfuse by 4.5% in the 2nd quarter. State Street Corp now owns 744,774 shares of the technology company’s stock valued at $122,894,000 after acquiring an additional 31,905 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Littelfuse by 18.8% in the 3rd quarter. Wells Fargo & Company MN now owns 704,892 shares of the technology company’s stock valued at $138,074,000 after acquiring an additional 111,483 shares in the last quarter. Finally, Earnest Partners LLC lifted its position in shares of Littelfuse by 1.2% in the 2nd quarter. Earnest Partners LLC now owns 586,957 shares of the technology company’s stock valued at $96,848,000 after acquiring an additional 6,802 shares in the last quarter. Hedge funds and other institutional investors own 99.17% of the company’s stock.
Shares of Littelfuse, Inc. (LFUS) opened at $194.90 on Wednesday. Littelfuse, Inc. has a 12-month low of $146.94 and a 12-month high of $215.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.36 and a quick ratio of 2.75. The stock has a market cap of $4,471.13, a P/E ratio of 26.32, a price-to-earnings-growth ratio of 1.73 and a beta of 0.91.
The business also recently announced a quarterly dividend, which was paid on Thursday, December 7th. Shareholders of record on Wednesday, November 22nd were given a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $1.48 dividend on an annualized basis and a yield of 0.76%. Littelfuse’s payout ratio is 21.57%.
Several brokerages recently commented on LFUS. BidaskClub downgraded shares of Littelfuse from a “buy” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research downgraded shares of Littelfuse from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Robert W. Baird restated a “buy” rating and issued a $230.00 price target on shares of Littelfuse in a research report on Friday, November 3rd. Oppenheimer reiterated a “hold” rating on shares of Littelfuse in a research report on Wednesday, November 1st. Finally, CIBC reiterated a “market perform” rating on shares of Littelfuse in a research report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $211.25.
Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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