Littelfuse (LFUS) : Rs Investment Management Co scooped up 51,813 additional shares in Littelfuse during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 515,596 shares of Littelfuse which is valued at $64,000,931.Littelfuse makes up approximately 0.62% of Rs Investment Management Co’s portfolio.
Other Hedge Funds, Including , Smith Asset Management Group Lp sold out all of its stake in LFUS during the most recent quarter. The investment firm sold 9,470 shares of LFUS which is valued $1,175,511. Seabridge Investment Advisors sold out all of its stake in LFUS during the most recent quarter. The investment firm sold 50 shares of LFUS which is valued $5,984. Simplex Trading added LFUS to its portfolio by purchasing 466 company shares during the most recent quarter which is valued at $56,223. Littelfuse makes up approx 0.01% of Simplex Trading’s portfolio.Nn Investment Partners Holdings N.v. reduced its stake in LFUS by selling 255 shares or 2.46% in the most recent quarter. The Hedge Fund company now holds 10,120 shares of LFUS which is valued at $1,214,704. Littelfuse makes up approx 0.01% of Nn Investment Partners Holdings N.v.’s portfolio.
Littelfuse opened for trading at $125 and hit $126.32 on the upside on Friday, eventually ending the session at $125.02, with a gain of 0.07% or 0.09 points. The heightened volatility saw the trading volume jump to 1,84,283 shares. Company has a market cap of $2,803 M.
On the company’s financial health, Littelfuse reported $1.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on May 5, 2016. Analyst had a consensus of $1.27. The company had revenue of $219.40 million for the quarter, compared to analysts expectations of $217.66 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Investors should note that on Jul 21, 2016, Littelfuse announced a cash dividend of $0.3300. The company’s management has announced Aug 23, 2016 as the ex-dividend date and fixed the record date on Aug 25, 2016. The payable date has been fixed on Sep 8, 2016.
Littelfuse Inc. (Littelfuse) 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 and its subsidiaries offer a line of electromechanical and electronic switch and control devices for commercial and specialty vehicles and sensors for automobile safety systems as well as protection relays and power distribution centers. The Company operates in three segments: Electronics Automotive and Electrical. Electronic circuit protection products are used to protect circuits in electronic systems. Its Electronic product offering includes a line of overcurrent and overvoltage solutions as well as sensors. The companys automotive fuse products include ATO MINI MIDI MEGA Masterfuse JCASE and CablePro. It manufactures and sells a range of Electrical Products including low-voltage and medium-voltage circuit protection products.