Nisa Investment Advisors LLC Has $1.86 Million Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Nisa Investment Advisors LLC lessened its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,934 shares of the technology company’s stock after selling 110 shares during the period. Nisa Investment Advisors LLC’s holdings in Littelfuse were worth $1,855,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Townsquare Capital LLC raised its position in Littelfuse by 1.7% in the fourth quarter. Townsquare Capital LLC now owns 2,394 shares of the technology company’s stock worth $527,000 after purchasing an additional 40 shares in the last quarter. Raymond James Trust N.A. grew its stake in Littelfuse by 4.1% during the fourth quarter. Raymond James Trust N.A. now owns 1,156 shares of the technology company’s stock worth $309,000 after buying an additional 45 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC grew its stake in Littelfuse by 0.8% during the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 5,528 shares of the technology company’s stock worth $1,367,000 after buying an additional 46 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Littelfuse by 33.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 201 shares of the technology company’s stock worth $44,000 after buying an additional 50 shares during the last quarter. Finally, Utah Retirement Systems grew its stake in Littelfuse by 1.2% during the fourth quarter. Utah Retirement Systems now owns 4,318 shares of the technology company’s stock worth $951,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Littelfuse Price Performance

LFUS opened at $231.19 on Friday. Littelfuse, Inc. has a one year low of $212.80 and a one year high of $309.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.75 and a quick ratio of 2.49. The company’s 50 day simple moving average is $238.06 and its 200-day simple moving average is $240.20. The stock has a market capitalization of $5.76 billion, a P/E ratio of 22.36, a price-to-earnings-growth ratio of 2.11 and a beta of 1.34.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Tuesday, January 30th. The technology company reported $2.02 EPS for the quarter, meeting the consensus estimate of $2.02. Littelfuse had a net margin of 10.98% and a return on equity of 12.35%. The business had revenue of $533.80 million for the quarter, compared to analysts’ expectations of $535.76 million. During the same period in the prior year, the firm earned $3.34 earnings per share. Littelfuse’s revenue was down 12.9% compared to the same quarter last year. Sell-side analysts anticipate that Littelfuse, Inc. will post 9.44 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Thursday, February 22nd were paid a dividend of $0.65 per share. The ex-dividend date was Wednesday, February 21st. This represents a $2.60 annualized dividend and a dividend yield of 1.12%. Littelfuse’s dividend payout ratio (DPR) is currently 25.15%.

Analyst Ratings Changes

LFUS has been the topic of several research analyst reports. StockNews.com cut shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Saturday, March 30th. Jefferies Financial Group initiated coverage on shares of Littelfuse in a research note on Tuesday, April 9th. They set a “hold” rating and a $260.00 price objective on the stock.

Insider Activity

In related news, EVP Ryan K. Stafford sold 1,932 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $243.62, for a total value of $470,673.84. Following the transaction, the executive vice president now directly owns 24,155 shares in the company, valued at $5,884,641.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, EVP Ryan K. Stafford sold 1,932 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $243.62, for a total value of $470,673.84. Following the transaction, the executive vice president now directly owns 24,155 shares in the company, valued at $5,884,641.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Matthew Cole sold 916 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $248.18, for a total transaction of $227,332.88. Following the completion of the transaction, the senior vice president now owns 5,530 shares in the company, valued at $1,372,435.40. The disclosure for this sale can be found here. Insiders have sold 4,370 shares of company stock valued at $1,064,413 over the last three months. 2.30% of the stock is owned by insiders.

Littelfuse 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.