Legal & General Group Plc increased its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 14.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,375 shares of the technology company’s stock after buying an additional 2,524 shares during the period. Legal & General Group Plc owned about 0.09% of Littelfuse worth $3,993,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. BlackRock Inc. raised its stake in 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 purchasing an additional 13,076 shares during the last quarter. Vanguard Group Inc. raised its stake in 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 purchasing an additional 31,326 shares during the last quarter. State Street Corp raised its stake in 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 purchasing an additional 31,905 shares during the last quarter. Earnest Partners LLC raised its stake in 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 purchasing an additional 6,802 shares during the last quarter. Finally, Eagle Asset Management Inc. raised its stake in Littelfuse by 15.9% in the 3rd quarter. Eagle Asset Management Inc. now owns 472,595 shares of the technology company’s stock valued at $92,378,000 after purchasing an additional 64,770 shares during the last quarter. 99.17% of the stock is owned by hedge funds and other institutional investors.

Littelfuse, Inc. (NASDAQ:LFUS) opened at $202.41 on Friday. Littelfuse, Inc. has a one year low of $146.94 and a one year high of $215.00. The company has a current ratio of 3.36, a quick ratio of 2.75 and a debt-to-equity ratio of 0.53. The company has a market cap of $4,550.03, a PE ratio of 26.78, a PEG ratio of 1.76 and a beta of 0.91.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, November 1st. The technology company reported $2.12 EPS for the quarter, beating the Zacks’ consensus estimate of $1.98 by $0.14. Littelfuse had a net margin of 13.12% and a return on equity of 19.62%. The company had revenue of $317.90 million during the quarter, compared to the consensus estimate of $319.20 million. During the same quarter in the prior year, the company posted $1.87 EPS. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. sell-side analysts forecast that Littelfuse, Inc. will post 7.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 7th. Stockholders of record on Wednesday, November 22nd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date was Tuesday, November 21st. Littelfuse’s dividend payout ratio is currently 21.57%.

LFUS has been the subject of several analyst reports. Zacks Investment Research downgraded shares of Littelfuse from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Robert W. Baird reaffirmed a “buy” rating and set a $202.00 price objective on shares of Littelfuse in a research note on Tuesday, September 5th. UBS downgraded shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research note on Friday, October 13th. Oppenheimer reaffirmed a “hold” rating on shares of Littelfuse in a research note on Wednesday, November 1st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $180.00 price objective on shares of Littelfuse in a research note on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $211.25.

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About Littelfuse

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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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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