D. E. Shaw & Co. Inc. Decreases Position in Littelfuse, Inc. (NASDAQ:LFUS)

D. E. Shaw & Co. Inc. trimmed its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 40.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 27,246 shares of the technology company’s stock after selling 18,410 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.11% of Littelfuse worth $4,672,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in Littelfuse by 20.3% in the 4th quarter. Principal Financial Group Inc. now owns 781,653 shares of the technology company’s stock worth $134,038,000 after acquiring an additional 132,138 shares in the last quarter. Mackay Shields LLC purchased a new stake in Littelfuse during the 4th quarter valued at approximately $1,803,000. Mairs & Power INC grew its holdings in Littelfuse by 61.4% during the 4th quarter. Mairs & Power INC now owns 272,503 shares of the technology company’s stock valued at $46,729,000 after buying an additional 103,614 shares in the last quarter. American International Group Inc. grew its holdings in Littelfuse by 0.6% during the 4th quarter. American International Group Inc. now owns 51,379 shares of the technology company’s stock valued at $8,810,000 after buying an additional 291 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Littelfuse by 8.8% during the 4th quarter. Geode Capital Management LLC now owns 258,284 shares of the technology company’s stock valued at $44,290,000 after buying an additional 20,859 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

In other Littelfuse news, SVP Matthew Cole sold 170 shares of Littelfuse stock in a transaction dated Tuesday, February 5th. The stock was sold at an average price of $183.40, for a total value of $31,178.00. Following the transaction, the senior vice president now owns 3,993 shares in the company, valued at $732,316.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William P. Noglows sold 578 shares of Littelfuse stock in a transaction dated Tuesday, February 5th. The shares were sold at an average price of $182.50, for a total value of $105,485.00. Following the completion of the transaction, the director now owns 22,608 shares in the company, valued at approximately $4,125,960. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,548 shares of company stock worth $2,085,025. Insiders own 3.50% of the company’s stock.

A number of equities research analysts have issued reports on LFUS shares. Oppenheimer raised shares of Littelfuse from a “market perform” rating to an “outperform” rating and set a $215.00 price objective for the company in a report on Tuesday, January 8th. CIBC raised shares of Littelfuse from a “market perform” rating to an “outperform” rating and set a $215.00 target price for the company in a report on Tuesday, January 8th. Zacks Investment Research lowered shares of Littelfuse from a “hold” rating to a “sell” rating in a report on Wednesday, January 9th. BidaskClub raised shares of Littelfuse from a “sell” rating to a “hold” rating in a report on Friday, January 11th. Finally, Barrington Research reissued a “hold” rating on shares of Littelfuse in a report on Tuesday, January 29th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Littelfuse presently has an average rating of “Hold” and an average price target of $227.00.

Shares of NASDAQ:LFUS traded up $0.36 on Friday, hitting $199.32. 96,490 shares of the company’s stock were exchanged, compared to its average volume of 158,356. Littelfuse, Inc. has a 12 month low of $155.15 and a 12 month high of $238.10. The company has a market cap of $4.92 billion, a price-to-earnings ratio of 21.11, a price-to-earnings-growth ratio of 1.77 and a beta of 0.92. The company has a current ratio of 3.50, a quick ratio of 2.62 and a debt-to-equity ratio of 0.46.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, January 30th. The technology company reported $1.87 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.13). The business had revenue of $402.30 million for the quarter, compared to the consensus estimate of $413.77 million. Littelfuse had a return on equity of 16.12% and a net margin of 9.58%. The firm’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.81 earnings per share. As a group, equities research analysts predict that Littelfuse, Inc. will post 9.4 EPS for the current fiscal year.

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Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells circuit protection, power control, and sensing products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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