Susquehanna International Group LLP Sells 16 Shares of Littelfuse, Inc. (LFUS)

Susquehanna International Group LLP trimmed its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 0.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,795 shares of the technology company’s stock after selling 16 shares during the period. Susquehanna International Group LLP’s holdings in Littelfuse were worth $1,121,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bank of Montreal Can boosted its stake in shares of Littelfuse by 15.1% during the 2nd quarter. Bank of Montreal Can now owns 649 shares of the technology company’s stock worth $107,000 after buying an additional 85 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Littelfuse by 16.3% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 677 shares of the technology company’s stock worth $112,000 after buying an additional 95 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Littelfuse by 8.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 900 shares of the technology company’s stock worth $149,000 after buying an additional 72 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Littelfuse by 63.6% during the 2nd quarter. Royal Bank of Canada now owns 1,178 shares of the technology company’s stock worth $194,000 after buying an additional 458 shares during the last quarter. Finally, Advisor Group Inc. boosted its stake in shares of Littelfuse by 4.6% during the 2nd quarter. Advisor Group Inc. now owns 1,225 shares of the technology company’s stock worth $187,000 after buying an additional 54 shares during the last quarter. Institutional investors own 95.57% of the company’s stock.

A number of equities analysts have recently commented on LFUS shares. BidaskClub upgraded shares of Littelfuse from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Zacks Investment Research downgraded shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Stifel Nicolaus restated a “hold” rating and set a $180.00 price objective on shares of Littelfuse in a research note on Tuesday, September 12th. Finally, Robert W. Baird restated a “buy” rating and set a $202.00 price objective on shares of Littelfuse in a research note on Tuesday, September 5th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $197.00.

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Shares of Littelfuse, Inc. (NASDAQ:LFUS) traded down 2.653% during midday trading on Friday, hitting $203.495. 101,262 shares of the stock were exchanged. Littelfuse, Inc. has a 1-year low of $124.32 and a 1-year high of $209.85. The firm’s 50 day moving average is $190.28 and its 200-day moving average is $172.68. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 32.026 and a beta of 0.95.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, August 2nd. The technology company reported $2.10 earnings per share for the quarter, hitting the consensus estimate of $2.10. Littelfuse had a net margin of 12.51% and a return on equity of 19.67%. The business had revenue of $313.36 million for the quarter, compared to analysts’ expectations of $312.97 million. During the same period in the previous year, the company earned $1.44 earnings per share. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. On average, analysts predict that Littelfuse, Inc. will post $7.74 EPS for the current year.

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.

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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