Bailard Inc. Boosts Position in Bel Fuse, Inc. (BELFB)
Bailard Inc. boosted its holdings in Bel Fuse, Inc. (NASDAQ:BELFB) by 31.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 24,563 shares of the electronics maker’s stock after buying an additional 5,900 shares during the period. Bailard Inc. owned approximately 0.19% of Bel Fuse worth $452,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in Bel Fuse by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 827,004 shares of the electronics maker’s stock valued at $21,916,000 after acquiring an additional 4,506 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Bel Fuse in the third quarter valued at approximately $113,000. BlackRock Inc. grew its position in Bel Fuse by 1.8% in the third quarter. BlackRock Inc. now owns 1,447,338 shares of the electronics maker’s stock valued at $38,354,000 after acquiring an additional 26,265 shares in the last quarter. Foundry Partners LLC grew its position in Bel Fuse by 3.4% in the third quarter. Foundry Partners LLC now owns 151,290 shares of the electronics maker’s stock valued at $4,009,000 after acquiring an additional 4,940 shares in the last quarter. Finally, Bridgeway Capital Management Inc. grew its position in Bel Fuse by 28.0% in the third quarter. Bridgeway Capital Management Inc. now owns 114,257 shares of the electronics maker’s stock valued at $3,028,000 after acquiring an additional 25,000 shares in the last quarter. Hedge funds and other institutional investors own 59.07% of the company’s stock.
BELFB stock opened at $23.90 on Thursday. Bel Fuse, Inc. has a twelve month low of $16.58 and a twelve month high of $29.00. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.89 and a quick ratio of 1.76. The company has a market cap of $300.30 million, a PE ratio of 18.98 and a beta of 1.23.
Bel Fuse Company Profile
Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in North America, Asia, and Europe. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components.
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