Zions Bancorporation N.A. Sells 360 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Zions Bancorporation N.A. cut its position in Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 7.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,317 shares of the technology company’s stock after selling 360 shares during the period. Zions Bancorporation N.A.’s holdings in Littelfuse were worth $1,068,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Spire Wealth Management boosted its position in Littelfuse by 87.0% in the second quarter. Spire Wealth Management now owns 86 shares of the technology company’s stock valued at $25,000 after buying an additional 40 shares in the last quarter. Townsquare Capital LLC lifted its position in shares of Littelfuse by 1.7% during 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. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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. Utah Retirement Systems raised its stake in shares of 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. Finally, Fifth Third Bancorp raised its stake in shares of Littelfuse by 27.0% during the second quarter. Fifth Third Bancorp now owns 254 shares of the technology company’s stock worth $74,000 after buying an additional 54 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Littelfuse

In other news, SVP Matthew Cole sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $236.93, for a total transaction of $426,474.00. Following the completion of the sale, the senior vice president now owns 5,530 shares in the company, valued at approximately $1,310,222.90. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.70% of the company’s stock.

Littelfuse Stock Up 1.1 %

Shares of LFUS stock opened at $241.78 on Wednesday. The firm has a fifty day moving average of $248.29 and a 200-day moving average of $251.12. The company has a quick ratio of 2.02, a current ratio of 3.03 and a debt-to-equity ratio of 0.36. Littelfuse, Inc. has a 12-month low of $212.80 and a 12-month high of $309.94. The company has a market capitalization of $6.02 billion, a price-to-earnings ratio of 19.55, a P/E/G ratio of 1.66 and a beta of 1.33.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its quarterly earnings data on Tuesday, October 31st. The technology company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.61 by $0.36. Littelfuse had a net margin of 12.69% and a return on equity of 14.12%. The company had revenue of $607.07 million during the quarter, compared to the consensus estimate of $585.80 million. As a group, equities research analysts predict that Littelfuse, Inc. will post 11.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LFUS has been the subject of a number of recent research reports. StockNews.com downgraded shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Saturday. Robert W. Baird lowered their target price on shares of Littelfuse from $300.00 to $290.00 in a research note on Thursday, October 12th.

View Our Latest Analysis on LFUS

About Littelfuse

(Free Report)

Littelfuse, Inc manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The 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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