Cadence Capital Management LLC raised its stake in shares of Bel Fuse, Inc. (NASDAQ:BELFB) by 153.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,384 shares of the electronics maker’s stock after purchasing an additional 34,144 shares during the quarter. Cadence Capital Management LLC’s holdings in Bel Fuse were worth $1,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. Teachers Advisors LLC raised its stake in shares of Bel Fuse by 6.2% during the second quarter. Teachers Advisors LLC now owns 18,018 shares of the electronics maker’s stock worth $445,000 after acquiring an additional 1,049 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Bel Fuse by 16.8% during the second quarter. The Manufacturers Life Insurance Company now owns 8,865 shares of the electronics maker’s stock worth $219,000 after acquiring an additional 1,272 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Bel Fuse by 3.0% during the third quarter. Russell Investments Group Ltd. now owns 67,600 shares of the electronics maker’s stock worth $2,109,000 after acquiring an additional 1,943 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in shares of Bel Fuse by 18.6% during the third quarter. Great West Life Assurance Co. Can now owns 12,746 shares of the electronics maker’s stock worth $405,000 after acquiring an additional 2,000 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Bel Fuse by 75.8% during the third quarter. BNP Paribas Arbitrage SA now owns 4,934 shares of the electronics maker’s stock worth $154,000 after acquiring an additional 2,127 shares in the last quarter. Institutional investors and hedge funds own 60.23% of the company’s stock.

Bel Fuse, Inc. (NASDAQ BELFB) opened at $18.75 on Monday. The company has a quick ratio of 1.59, a current ratio of 2.66 and a debt-to-equity ratio of 0.59. Bel Fuse, Inc. has a one year low of $17.80 and a one year high of $33.45. The company has a market cap of $225.60, a price-to-earnings ratio of 19.13 and a beta of 0.61.

The company also recently announced a quarterly dividend, which was paid on Thursday, February 1st. Investors of record on Monday, January 15th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.49%. The ex-dividend date was Thursday, January 11th. Bel Fuse’s payout ratio is 28.57%.

Separately, BidaskClub downgraded shares of Bel Fuse from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th.

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Bel Fuse Company Profile

Bel Fuse Inc (Bel) designs, manufactures and markets a range of products that power, protect and connect electronic circuits. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. The Company’s operating segments are North America, Asia and Europe.

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Institutional Ownership by Quarter for Bel Fuse (NASDAQ:BELFB)

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