Littelfuse, Inc. (LFUS) Shares Bought by Grandeur Peak Global Advisors LLC

Grandeur Peak Global Advisors LLC boosted its position in Littelfuse, Inc. (NASDAQ:LFUS) by 2.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,625 shares of the technology company’s stock after purchasing an additional 650 shares during the period. Grandeur Peak Global Advisors LLC owned about 0.13% of Littelfuse worth $4,723,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in Littelfuse by 15.1% in the 2nd quarter. Bank of Montreal Can now owns 649 shares of the technology company’s stock valued at $107,000 after purchasing an additional 85 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in Littelfuse by 16.3% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 677 shares of the technology company’s stock valued at $112,000 after purchasing an additional 95 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Littelfuse by 8.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 900 shares of the technology company’s stock valued at $149,000 after purchasing an additional 72 shares in the last quarter. Royal Bank of Canada increased its stake in Littelfuse by 63.6% in the 2nd quarter. Royal Bank of Canada now owns 1,178 shares of the technology company’s stock valued at $194,000 after purchasing an additional 458 shares in the last quarter. Finally, Advisor Group Inc. increased its stake in Littelfuse by 4.6% in the 2nd quarter. Advisor Group Inc. now owns 1,225 shares of the technology company’s stock valued at $187,000 after purchasing an additional 54 shares in the last quarter. 95.57% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: This story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this story can be read at https://ledgergazette.com/2017/10/08/littelfuse-inc-lfus-shares-bought-by-grandeur-peak-global-advisors-llc.html.

LFUS has been the subject of several research analyst reports. BidaskClub downgraded Littelfuse from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Zacks Investment Research downgraded Littelfuse from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Oppenheimer Holdings, Inc. raised their price objective on Littelfuse from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 19th. Robert W. Baird reaffirmed a “positive” rating and issued a $195.00 price objective (up from $187.00) on shares of Littelfuse in a research note on Wednesday, July 19th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $175.00 target price (up previously from $165.00) on shares of Littelfuse in a report on Friday, July 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $197.00.

Shares of Littelfuse, Inc. (NASDAQ LFUS) traded up 2.02% during midday trading on Friday, reaching $204.10. The company’s stock had a trading volume of 241,437 shares. Littelfuse, Inc. has a 12 month low of $124.32 and a 12 month high of $204.40. The stock has a market capitalization of $4.64 billion, a PE ratio of 32.12 and a beta of 0.95. The stock’s 50 day moving average is $186.93 and its 200 day moving average is $171.29.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings results on Wednesday, August 2nd. The technology company reported $2.10

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in Littelfuse by 15.1% in the 2nd quarter. Bank of Montreal Can now owns 649 shares of the technology company’s stock valued at $107,000 after purchasing an additional 85 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in Littelfuse by 16.3% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 677 shares of the technology company’s stock valued at $112,000 after purchasing an additional 95 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Littelfuse by 8.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 900 shares of the technology company’s stock valued at $149,000 after purchasing an additional 72 shares in the last quarter. Royal Bank of Canada increased its stake in Littelfuse by 63.6% in the 2nd quarter. Royal Bank of Canada now owns 1,178 shares of the technology company’s stock valued at $194,000 after purchasing an additional 458 shares in the last quarter. Finally, Advisor Group Inc. increased its stake in Littelfuse by 4.6% in the 2nd quarter. Advisor Group Inc. now owns 1,225 shares of the technology company’s stock valued at $187,000 after purchasing an additional 54 shares in the last quarter. 95.57% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: This story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this story can be read at https://ledgergazette.com/2017/10/08/littelfuse-inc-lfus-shares-bought-by-grandeur-peak-global-advisors-llc.html.

LFUS has been the subject of several research analyst reports. BidaskClub downgraded Littelfuse from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Zacks Investment Research downgraded Littelfuse from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Oppenheimer Holdings, Inc. raised their price objective on Littelfuse from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 19th. Robert W. Baird reaffirmed a “positive” rating and issued a $195.00 price objective (up from $187.00) on shares of Littelfuse in a research note on Wednesday, July 19th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $175.00 target price (up previously from $165.00) on shares of Littelfuse in a report on Friday, July 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $197.00.

Shares of Littelfuse, Inc. (NASDAQ LFUS) traded up 2.02% during midday trading on Friday, reaching $204.10. The company’s stock had a trading volume of 241,437 shares. Littelfuse, Inc. has a 12 month low of $124.32 and a 12 month high of $204.40. The stock has a market capitalization of $4.64 billion, a PE ratio of 32.12 and a beta of 0.95. The stock’s 50 day moving average is $186.93 and its 200 day moving average is $171.29.

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

About Littelfuse

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.

Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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