Integrated Investment Consultants Lowers stake in Littelfuse (LFUS)

Littelfuse (LFUS) : Integrated Investment Consultants reduced its stake in Littelfuse by 0.06% during the most recent quarter end. The investment management company now holds a total of 1,641 shares of Littelfuse which is valued at $212,280 after selling 1 shares in Littelfuse , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Littelfuse makes up approximately 0.11% of Integrated Investment Consultants’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co reduced its stake in LFUS by selling 128 shares or 1.84% in the most recent quarter. The Hedge Fund company now holds 6,828 shares of LFUS which is valued at $860,533. Littelfuse makes up approx 0.03% of Capstone Asset Management Co’s portfolio. Cutler Group Lp sold out all of its stake in LFUS during the most recent quarter. The investment firm sold 28 shares of LFUS which is valued $3,596.Cupps Capital Management reduced its stake in LFUS by selling 1,399 shares or 8.24% in the most recent quarter. The Hedge Fund company now holds 15,576 shares of LFUS which is valued at $2,000,270. Littelfuse makes up approx 0.87% of Cupps Capital Management’s portfolio.Fisher Asset Management boosted its stake in LFUS in the latest quarter, The investment management firm added 66,035 additional shares and now holds a total of 427,873 shares of Littelfuse which is valued at $54,947,451. Littelfuse makes up approx 0.10% of Fisher Asset Management’s portfolio.

Littelfuse opened for trading at $128.89 and hit $129.9399 on the upside on Friday, eventually ending the session at $129.36, with a gain of 0.70% or 0.9 points. The heightened volatility saw the trading volume jump to 1,15,260 shares. Company has a market cap of $2,905 M.

On the company’s financial health, Littelfuse reported $1.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $1.42. The company had revenue of $271.90 million for the quarter, compared to analysts expectations of $270.90 million. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.33 EPS.

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 company’s 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.

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