Littelfuse, Inc. (NASDAQ:LFUS) Shares Bought by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. grew its position in Littelfuse, Inc. (NASDAQ:LFUS) by 60.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 332,568 shares of the technology company’s stock after purchasing an additional 125,145 shares during the quarter. Westwood Holdings Group Inc. owned about 1.46% of Littelfuse worth $65,788,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Moody Aldrich Partners LLC grew its position in shares of Littelfuse by 14.8% in the third quarter. Moody Aldrich Partners LLC now owns 9,916 shares of the technology company’s stock valued at $1,942,000 after purchasing an additional 1,276 shares during the last quarter. Nationwide Fund Advisors grew its position in shares of Littelfuse by 1.9% in the third quarter. Nationwide Fund Advisors now owns 105,823 shares of the technology company’s stock valued at $20,729,000 after purchasing an additional 2,000 shares during the last quarter. Swiss National Bank grew its position in shares of Littelfuse by 2.4% in the fourth quarter. Swiss National Bank now owns 38,700 shares of the technology company’s stock valued at $7,656,000 after purchasing an additional 900 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Littelfuse by 3.4% in the third quarter. Ameriprise Financial Inc. now owns 99,366 shares of the technology company’s stock valued at $19,465,000 after purchasing an additional 3,250 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in shares of Littelfuse by 7.3% in the third quarter. California Public Employees Retirement System now owns 61,574 shares of the technology company’s stock valued at $12,061,000 after purchasing an additional 4,174 shares during the last quarter. 94.32% of the stock is currently owned by institutional investors.

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LFUS has been the topic of several research reports. BidaskClub raised Littelfuse from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. Zacks Investment Research raised Littelfuse from a “hold” rating to a “buy” rating and set a $233.00 target price on the stock in a research report on Wednesday, March 7th. Finally, ValuEngine raised Littelfuse from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $212.00.

In other Littelfuse news, EVP Ryan K. Stafford sold 8,027 shares of the firm’s stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $223.36, for a total value of $1,792,910.72. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO David W. Heinzmann sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $209.90, for a total value of $1,049,500.00. Following the completion of the sale, the chief executive officer now directly owns 40,941 shares in the company, valued at approximately $8,593,515.90. The disclosure for this sale can be found here. Insiders have sold 71,289 shares of company stock worth $15,271,800 in the last three months. 3.80% of the stock is currently owned by company insiders.

NASDAQ:LFUS traded down $3.74 during trading hours on Friday, reaching $198.63. 105,843 shares of the company were exchanged, compared to its average volume of 137,368. The company has a market capitalization of $4,944.89, a P/E ratio of 25.66, a P/E/G ratio of 1.94 and a beta of 0.99. Littelfuse, Inc. has a 1-year low of $149.81 and a 1-year high of $226.33. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.52 and a quick ratio of 2.90.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.81 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.68 by $0.13. The business had revenue of $304.85 million for the quarter, compared to the consensus estimate of $299.88 million. Littelfuse had a return on equity of 19.65% and a net margin of 9.78%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.57 earnings per share. sell-side analysts anticipate that Littelfuse, Inc. will post 8.53 EPS for the current fiscal year.

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Littelfuse Profile

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.

Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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