Littelfuse, Inc. (NASDAQ:LFUS) Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its position in Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,861 shares of the technology company’s stock after acquiring an additional 529 shares during the period. Assenagon Asset Management S.A.’s holdings in Littelfuse were worth $2,103,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Littelfuse by 0.8% in the third quarter. Vanguard Group Inc. now owns 2,632,292 shares of the technology company’s stock worth $651,018,000 after buying an additional 20,947 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Littelfuse by 0.3% in the first quarter. BlackRock Inc. now owns 2,153,792 shares of the technology company’s stock worth $577,410,000 after buying an additional 6,968 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Littelfuse by 9.2% in the fourth quarter. Alliancebernstein L.P. now owns 690,217 shares of the technology company’s stock worth $151,986,000 after buying an additional 58,212 shares during the last quarter. State Street Corp raised its holdings in shares of Littelfuse by 1.8% in the first quarter. State Street Corp now owns 677,812 shares of the technology company’s stock worth $181,715,000 after buying an additional 12,100 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Littelfuse by 41.4% in the fourth quarter. Victory Capital Management Inc. now owns 530,502 shares of the technology company’s stock worth $116,817,000 after buying an additional 155,341 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Maggie Chu sold 1,522 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $240.74, for a total transaction of $366,406.28. Following the completion of the transaction, the senior vice president now owns 3,086 shares of the company’s stock, valued at $742,923.64. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Littelfuse news, SVP Matthew Cole sold 916 shares of Littelfuse stock in a transaction on Monday, February 12th. The shares were sold at an average price of $248.18, for a total value of $227,332.88. Following the completion of the transaction, the senior vice president now owns 5,530 shares of the company’s stock, valued at $1,372,435.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Maggie Chu sold 1,522 shares of Littelfuse stock in a transaction on Monday, March 4th. The shares were sold at an average price of $240.74, for a total transaction of $366,406.28. Following the completion of the transaction, the senior vice president now directly owns 3,086 shares of the company’s stock, valued at approximately $742,923.64. The disclosure for this sale can be found here. Insiders sold a total of 4,370 shares of company stock valued at $1,064,413 over the last 90 days. Insiders own 2.30% of the company’s stock.

Littelfuse Trading Up 1.8 %

NASDAQ LFUS opened at $239.36 on Thursday. The company has a current ratio of 3.75, a quick ratio of 2.49 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $238.65 and a two-hundred day simple moving average of $240.94. Littelfuse, Inc. has a 12-month low of $212.80 and a 12-month high of $309.94. The stock has a market cap of $5.96 billion, a P/E ratio of 23.15, a P/E/G ratio of 2.05 and a beta of 1.34.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its earnings results on Tuesday, January 30th. The technology company reported $2.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.02. Littelfuse had a net margin of 10.98% and a return on equity of 12.35%. The firm had revenue of $533.80 million during the quarter, compared to analysts’ expectations of $535.76 million. During the same quarter last year, the company posted $3.34 earnings per share. The firm’s revenue was down 12.9% compared to the same quarter last year. On average, analysts forecast that Littelfuse, Inc. will post 9.66 earnings per share for the current year.

Littelfuse Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Thursday, February 22nd were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $2.60 annualized dividend and a dividend yield of 1.09%. Littelfuse’s dividend payout ratio (DPR) is presently 25.15%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Littelfuse from a “buy” rating to a “hold” rating in a report on Saturday, March 30th.

Get Our Latest Research Report on LFUS

Littelfuse Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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