Massmutual Trust Co. FSB ADV Boosts Position in Littelfuse, Inc. (NASDAQ:LFUS)

Massmutual Trust Co. FSB ADV lifted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUSGet Rating) by 85.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 359 shares of the technology company’s stock after acquiring an additional 165 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Littelfuse were worth $90,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Personal CFO Solutions LLC grew its position in shares of Littelfuse by 3.0% during the third quarter. Personal CFO Solutions LLC now owns 1,125 shares of the technology company’s stock worth $307,000 after buying an additional 33 shares in the last quarter. Captrust Financial Advisors boosted its holdings in Littelfuse by 18.6% in the third quarter. Captrust Financial Advisors now owns 274 shares of the technology company’s stock valued at $75,000 after purchasing an additional 43 shares in the last quarter. Fieldpoint Private Securities LLC boosted its holdings in Littelfuse by 0.3% in the first quarter. Fieldpoint Private Securities LLC now owns 15,327 shares of the technology company’s stock valued at $3,823,000 after purchasing an additional 43 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Littelfuse by 6.3% in the fourth quarter. Wealthfront Advisers LLC now owns 822 shares of the technology company’s stock valued at $259,000 after purchasing an additional 49 shares in the last quarter. Finally, Condor Capital Management boosted its holdings in Littelfuse by 1.2% in the fourth quarter. Condor Capital Management now owns 4,297 shares of the technology company’s stock valued at $1,352,000 after purchasing an additional 52 shares in the last quarter. Institutional investors and hedge funds own 95.22% of the company’s stock.

Separately, StockNews.com raised Littelfuse from a “hold” rating to a “buy” rating in a report on Wednesday, May 11th.

LFUS stock opened at $246.95 on Friday. The company has a market capitalization of $6.11 billion, a P/E ratio of 17.93, a PEG ratio of 1.24 and a beta of 1.18. Littelfuse, Inc. has a twelve month low of $223.31 and a twelve month high of $334.84. The business has a 50 day simple moving average of $252.54 and a 200-day simple moving average of $264.94. The company has a current ratio of 3.61, a quick ratio of 2.32 and a debt-to-equity ratio of 0.30.

Littelfuse (NASDAQ:LFUSGet Rating) last posted its quarterly earnings data on Tuesday, May 3rd. The technology company reported $4.99 earnings per share for the quarter, beating the consensus estimate of $3.24 by $1.75. The business had revenue of $623.30 million during the quarter, compared to the consensus estimate of $573.74 million. Littelfuse had a return on equity of 20.75% and a net margin of 15.34%. The company’s revenue was up 34.4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.67 earnings per share. Research analysts predict that Littelfuse, Inc. will post 16.66 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 9th. Stockholders of record on Thursday, May 26th were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.86%. The ex-dividend date was Wednesday, May 25th. Littelfuse’s payout ratio is currently 15.40%.

In other news, Director Gordon Hunter sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $269.32, for a total transaction of $538,640.00. Following the completion of the sale, the director now owns 24,122 shares in the company, valued at $6,496,537.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Deepak Nayar sold 4,873 shares of the stock in a transaction on Monday, May 9th. The stock was sold at an average price of $255.26, for a total value of $1,243,881.98. Following the completion of the transaction, the senior vice president now owns 8,077 shares of the company’s stock, valued at approximately $2,061,735.02. The disclosure for this sale can be found here. Insiders sold 8,947 shares of company stock valued at $2,361,168 over the last three months. Corporate insiders own 2.40% of the company’s stock.

About Littelfuse (Get Rating)

Littelfuse, Inc manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, 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.

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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