Littelfuse Inc (NASDAQ:LFUS) Institutional Investors Quarterly Sentiment

October 13, 2017 - By Stephen Andrade

 Littelfuse Inc (NASDAQ:LFUS) Institutional Investors Quarterly Sentiment

Sentiment for Littelfuse Inc (NASDAQ:LFUS)

Littelfuse Inc (NASDAQ:LFUS) institutional sentiment increased to 1.32 in 2017 Q2. Its up 0.11, from 1.21 in 2017Q1. The ratio increased, as 124 hedge funds increased or started new holdings, while 94 sold and reduced stakes in Littelfuse Inc. The hedge funds in our partner’s database reported: 21.88 million shares, up from 21.43 million shares in 2017Q1. Also, the number of hedge funds holding Littelfuse Inc in their top 10 holdings decreased from 4 to 2 for a decrease of 2. Sold All: 19 Reduced: 75 Increased: 90 New Position: 34.

Littelfuse, Inc. is a supplier of circuit protection products for the electronics, automotive and industrial markets. The company has market cap of $4.61 billion. The Firm operates through three divisions. It has a 31.94 P/E ratio. 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.

The stock decreased 2.98% or $6.23 during the last trading session, reaching $202.81. About 389,815 shares traded or 158.65% up from the average. Littelfuse, Inc. (NASDAQ:LFUS) has risen 46.71% since October 13, 2016 and is uptrending. It has outperformed by 30.01% the S&P500.

Analysts expect Littelfuse, Inc. (NASDAQ:LFUS) to report $2.10 EPS on November, 2.They anticipate $0.23 EPS change or 12.30 % from last quarter’s $1.87 EPS. LFUS’s profit would be $47.73M giving it 24.14 P/E if the $2.10 EPS is correct. After having $2.10 EPS previously, Littelfuse, Inc.’s analysts see 0.00 % EPS growth.

Hamilton Point Investment Advisors Llc holds 2.72% of its portfolio in Littelfuse, Inc. for 29,375 shares. Rk Capital Management Llc owns 66,320 shares or 2.2% of their US portfolio. Moreover, Ashford Capital Management Inc has 2.07% invested in the company for 71,990 shares. The Illinois-based Channing Capital Management Llc has invested 1.99% in the stock. Silvercrest Asset Management Group Llc, a New York-based fund reported 1.02 million shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 4 sales for $3.08 million activity.

Littelfuse, Inc. (NASDAQ:LFUS) Ratings Coverage

Ratings analysis reveals 43% of Littelfuse’s analysts are positive. Out of 7 Wall Street analysts rating Littelfuse, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $124 while the high is $202.0. The stock’s average target of $190.25 is -6.19% below today’s ($202.81) share price. LFUS was included in 14 notes of analysts from September 7, 2015. The stock of Littelfuse, Inc. (NASDAQ:LFUS) has “Hold” rating given on Monday, September 7 by Zacks. The rating was maintained by Stifel Nicolaus on Sunday, September 10 with “Hold”. Oppenheimer maintained the shares of LFUS in report on Monday, August 28 with “Buy” rating. Oppenheimer maintained Littelfuse, Inc. (NASDAQ:LFUS) on Tuesday, September 13 with “Outperform” rating. As per Sunday, August 6, the company rating was maintained by Stifel Nicolaus. As per Wednesday, October 4, the company rating was maintained by Stifel Nicolaus. The firm has “Neutral” rating given on Monday, November 21 by Sidoti. Robert W. Baird maintained Littelfuse, Inc. (NASDAQ:LFUS) on Tuesday, September 5 with “Buy” rating. The firm has “Outperform” rating by Robert W. Baird given on Friday, August 26. The firm has “Buy” rating by Oppenheimer given on Tuesday, July 18.

More recent Littelfuse, Inc. (NASDAQ:LFUS) news were published by: which released: “Littelfuse China Operations Receives Manufacturing Excellence Awards” on October 12, 2017. Also published the news titled: “Littelfuse Gains Are Justified, But Valuation Appears Full Now” on October 13, 2017.‘s news article titled: “Oppenheimer Downgrades Littelfuse Inc (LFUS) to Perform” with publication date: October 13, 2017 was also an interesting one.

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