December 1, 2016 - By Ruchi Gupta · 0 Comments
Littelfuse Inc (NASDAQ:LFUS) institutional sentiment decreased to 0.95 in 2016 Q2. Its down -0.15, from 1.1 in 2016Q1. The ratio turned negative, as 109 institutional investors increased or opened new positions, while 99 sold and trimmed positions in Littelfuse Inc. The institutional investors in our partner’s database now hold: 21.76 million shares, down from 23.90 million shares in 2016Q1. Also, the number of institutional investors holding Littelfuse Inc in their top 10 positions decreased from 5 to 2 for a decrease of 3. Sold All: 31 Reduced: 68 Increased: 88 New Position: 21.
Littelfuse, Inc. is a supplier of circuit protection products for the electronics, automotive and electrical industries. The company has a market cap of $3.23 billion. The Firm operates through three divisions: Electronics, Automotive and Industrial. It has a 33.23 P/E ratio. The Company’s Electronics segment provides circuit protection components to manufacturers of a range of electronic products, including mobile phones, computers, liquid-crystal-display televisions, telecommunications equipment, medical devices, lighting products and white goods.
About 89,242 shares traded hands. Littelfuse, Inc. (NASDAQ:LFUS) has risen 23.75% since April 28, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.
Analysts await Littelfuse, Inc. (NASDAQ:LFUS) to report earnings on February, 7. They expect $1.52 EPS, up 25.62% or $0.31 from last year’s $1.21 per share. LFUS’s profit will be $33.58 million for 24.05 P/E if the $1.52 EPS becomes a reality. After $1.87 actual EPS reported by Littelfuse, Inc. for the previous quarter, Wall Street now forecasts -18.72% negative EPS growth.
According to Zacks Investment Research, “Littelfuse, Inc. is a leading manufacturer and seller of fuses and other circuit protection devices for use in the electronic, automotive and general industrial markets. In addition to its Des Plaines, Illinois, world headquarters, Littelfuse has manufacturing facilities in England, Ireland, Switzerland, Mexico, Korea, China and the Philippines, as well as in Centralia and Arcola, Illinois. It also has sales, engineering and distribution facilities in the Netherlands, Singapore, Hong Kong, Taiwan, Japan, Brazil and Livonia, Michigan.”
Rk Capital Management Llc holds 2.63% of its portfolio in Littelfuse, Inc. for 124,920 shares. Hamilton Point Investment Advisors Llc owns 27,658 shares or 2.14% of their US portfolio. Moreover, Arbor Capital Management Llc has 1.84% invested in the company for 29,584 shares. The New York-based Silvercrest Asset Management Group Llc has invested 1.81% in the stock. Ashford Capital Management Inc, a Delaware-based fund reported 67,450 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 19 insider sales for $19.05 million net activity.
Ratings analysis reveals 50% of Littelfuse’s analysts are positive. Out of 4 Wall Street analysts rating Littelfuse, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $124 while the high is $145. The stock’s average target of $138.50 is -5.28% below today’s ($146.22) share price. LFUS was included in 5 notes of analysts from September 7, 2015. The stock has “Neutral” rating given by Sidoti on Monday, November 21. The company was maintained on Friday, August 26 by Robert W. Baird. The rating was upgraded by Zacks to “Hold” on Monday, September 7. The stock has “Outperform” rating given by Oppenheimer on Tuesday, September 13. The firm earned “Outperform” rating on Wednesday, February 3 by Oppenheimer.
Littelfuse, Inc., incorporated on November 25, 1991, is a supplier of circuit protection products for the electronics, automotive and electrical industries. In addition to the portfolio of circuit protection products and solutions, the Company offers electronic reed switches and sensors, automotive sensors for comfort and safety systems and a line of electromechanical and electronic switch and control devices for commercial and specialty vehicles, as well as protection relays and power distribution centers for the safe control and distribution of electricity. The Firm operates through three divisions: Electronics, Automotive and Industrial. The Company’s Electronics segment provides circuit protection components to manufacturers of a range of electronic products, including mobile phones, computers, liquid-crystal-display televisions (LCD TVs), telecommunications equipment, medical devices, lighting products and white goods. The Company’s Automotive segment provides circuit protection products to the automotive original equipment manufacturers (OEM) and parts distributors of passenger automobiles, trucks, buses and off-road equipment. The Company’s Industrial segment provides circuit protection products for industrial and commercial customers, which include power fuses and other circuit protection devices that are used in commercial and industrial buildings and large equipment, such as heating, ventilation and air conditioning (HVAC) systems, elevators and machine tools.
More news for Littelfuse, Inc. (NASDAQ:LFUS) were recently published by: Streetinsider.com, which released: “Form 4 LITTELFUSE INC /DE For: Nov 25 Filed by: CHUNG TJ” on November 29, 2016. Nasdaq.com‘s article titled: “Littelfuse, Inc. (LFUS) Ex-Dividend Date Scheduled for November 21, 2016” and published on November 18, 2016 is yet another important article.
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By Ruchi Gupta