Littelfuse, Inc. (NASDAQ:LFUS) is Grandeur Peak Global Advisors LLC’s 8th Largest Position

Grandeur Peak Global Advisors LLC lessened its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 11.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149,940 shares of the technology company’s stock after selling 20,153 shares during the quarter. Littelfuse makes up about 3.1% of Grandeur Peak Global Advisors LLC’s portfolio, making the stock its 8th biggest holding. Grandeur Peak Global Advisors LLC’s holdings in Littelfuse were worth $35,333,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LFUS. Quent Capital LLC raised its stake in Littelfuse by 525.0% during the fourth quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock worth $29,000 after purchasing an additional 105 shares during the period. Geneos Wealth Management Inc. increased its stake in Littelfuse by 181.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company’s stock worth $38,000 after acquiring an additional 105 shares during the last quarter. Bank of Jackson Hole Trust acquired a new position in shares of Littelfuse in the 4th quarter valued at $40,000. Smartleaf Asset Management LLC increased its position in shares of Littelfuse by 548.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company’s stock worth $44,000 after purchasing an additional 159 shares during the last quarter. Finally, Global X Japan Co. Ltd. raised its holdings in Littelfuse by 221.0% in the 4th quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company’s stock valued at $61,000 after buying an additional 179 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Littelfuse Stock Up 1.8 %

LFUS stock opened at $155.40 on Friday. The company has a current ratio of 3.61, a quick ratio of 2.62 and a debt-to-equity ratio of 0.32. Littelfuse, Inc. has a twelve month low of $142.10 and a twelve month high of $275.58. The stock has a market cap of $3.84 billion, a P/E ratio of 34.53, a PEG ratio of 2.24 and a beta of 1.30. The company’s 50 day moving average is $212.49 and its two-hundred day moving average is $234.27.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, meeting the consensus estimate of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same period in the prior year, the business posted $2.02 earnings per share. Research analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Thursday, February 20th were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $2.80 dividend on an annualized basis and a yield of 1.80%. Littelfuse’s payout ratio is currently 62.22%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Benchmark reiterated a “hold” rating on shares of Littelfuse in a report on Thursday. StockNews.com cut shares of Littelfuse from a “buy” rating to a “hold” rating in a research report on Thursday, March 27th. Finally, Robert W. Baird reduced their target price on shares of Littelfuse from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $285.00.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.