Littelfuse Inc (NASDAQ:LFUS) Institutional Investors Sentiment Change

October 13, 2017 - By Hazel Jackson

 Littelfuse Inc (NASDAQ:LFUS) Institutional Investors Sentiment Change

Sentiment for Littelfuse Inc (NASDAQ:LFUS)

Littelfuse Inc (NASDAQ:LFUS) institutional sentiment increased to 1.32 in Q2 2017. Its up 0.11, from 1.21 in 2017Q1. The ratio has increased, as 124 institutional investors opened new or increased stock positions, while 94 sold and trimmed stakes in Littelfuse Inc. The institutional investors in our partner’s database now possess: 21.88 million shares, up from 21.43 million shares in 2017Q1. Also, the number of institutional investors holding Littelfuse Inc in their top 10 stock positions 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 await Littelfuse, Inc. (NASDAQ:LFUS) to report earnings on November, 2. They expect $2.10 EPS, up 12.30 % or $0.23 from last year’s $1.87 per share. LFUS’s profit will be $47.73 million for 24.14 P/E if the $2.10 EPS becomes a reality. After $2.10 actual EPS reported by Littelfuse, Inc. for the previous quarter, Wall Street now forecasts 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 insider 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. Oppenheimer maintained the stock with “Buy” rating in Wednesday, August 2 report. The stock has “Buy” rating by Robert W. Baird on Tuesday, September 5. The stock of Littelfuse, Inc. (NASDAQ:LFUS) has “Neutral” rating given on Monday, November 21 by Sidoti. The firm has “Buy” rating given on Thursday, December 1 by CL King. On Tuesday, December 13 the stock rating was downgraded by Longbow to “Neutral”. Stifel Nicolaus maintained it with “Hold” rating and $185.0 target in Wednesday, October 4 report. The firm has “Outperform” rating given on Wednesday, February 3 by Oppenheimer. The company was maintained on Sunday, August 6 by Stifel Nicolaus. The company was maintained on Sunday, September 10 by Stifel Nicolaus. The rating was maintained by Oppenheimer on Monday, August 28 with “Buy”.

More recent Littelfuse, Inc. (NASDAQ:LFUS) news were published by: Businesswire.com which released: “Littelfuse China Operations Receives Manufacturing Excellence Awards” on October 12, 2017. Also Benzinga.com published the news titled: “Littelfuse Gains Are Justified, But Valuation Appears Full Now” on October 13, 2017. Streetinsider.com‘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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