Bel Fuse (BELFA) Scheduled to Post Quarterly Earnings on Thursday

Bel Fuse (NASDAQ:BELFA) is scheduled to be announcing its earnings results after the market closes on Thursday, April 25th. Parties that wish to listen to the company’s conference call can do so using this link.

Bel Fuse (NASDAQ:BELFA) last posted its quarterly earnings results on Wednesday, February 21st. The scientific and technical instruments company reported $1.29 earnings per share for the quarter. Bel Fuse had a net margin of 11.54% and a return on equity of 26.57%. The firm had revenue of $140.01 million for the quarter.

Bel Fuse Stock Performance

Bel Fuse stock opened at $69.51 on Thursday. The stock has a market cap of $886.95 million, a price-to-earnings ratio of 12.57 and a beta of 1.41. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.45 and a quick ratio of 2.21. The firm has a 50 day simple moving average of $69.10 and a 200-day simple moving average of $60.99. Bel Fuse has a 1-year low of $33.04 and a 1-year high of $78.77.

Bel Fuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend is Friday, April 12th. Bel Fuse’s dividend payout ratio (DPR) is currently 4.34%.

Hedge Funds Weigh In On Bel Fuse

Hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC increased its stake in Bel Fuse by 2.5% during the second quarter. Renaissance Technologies LLC now owns 24,400 shares of the scientific and technical instruments company’s stock worth $525,000 after acquiring an additional 600 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Bel Fuse by 514.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,033 shares of the scientific and technical instruments company’s stock worth $29,000 after purchasing an additional 865 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Bel Fuse by 4.3% in the third quarter. Dimensional Fund Advisors LP now owns 96,706 shares of the scientific and technical instruments company’s stock valued at $2,703,000 after buying an additional 3,976 shares during the period. Morgan Stanley lifted its position in Bel Fuse by 40.6% during the fourth quarter. Morgan Stanley now owns 1,784 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 515 shares in the last quarter. Finally, UBS Group AG acquired a new position in Bel Fuse during the first quarter valued at approximately $134,000. Hedge funds and other institutional investors own 6.01% of the company’s stock.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally.