Teachers Advisors LLC grew its holdings in shares of Bel Fuse Inc. (NASDAQ:BELFB) by 6.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,018 shares of the electronics maker’s stock after purchasing an additional 1,049 shares during the quarter. Teachers Advisors LLC owned about 0.15% of Bel Fuse worth $445,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of Bel Fuse by 0.9% during the 2nd quarter. Principal Financial Group Inc. now owns 66,603 shares of the electronics maker’s stock worth $1,645,000 after purchasing an additional 587 shares during the period. WealthTrust Axiom LLC increased its holdings in shares of Bel Fuse by 10.2% during the 2nd quarter. WealthTrust Axiom LLC now owns 10,829 shares of the electronics maker’s stock worth $267,000 after purchasing an additional 1,000 shares during the period. Legal & General Group Plc increased its holdings in shares of Bel Fuse by 8.6% during the 2nd quarter. Legal & General Group Plc now owns 16,472 shares of the electronics maker’s stock worth $407,000 after purchasing an additional 1,298 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Bel Fuse by 6.4% during the 1st quarter. Ameriprise Financial Inc. now owns 46,075 shares of the electronics maker’s stock worth $1,177,000 after purchasing an additional 2,785 shares during the period. Finally, Wedge Capital Management L L P NC increased its holdings in shares of Bel Fuse by 8.1% during the 2nd quarter. Wedge Capital Management L L P NC now owns 42,500 shares of the electronics maker’s stock worth $1,050,000 after purchasing an additional 3,200 shares during the period. Institutional investors and hedge funds own 59.30% of the company’s stock.

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Separately, BidaskClub lowered shares of Bel Fuse from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th.

Shares of Bel Fuse Inc. (BELFB) opened at $25.75 on Monday. The company has a current ratio of 2.66, a quick ratio of 1.59 and a debt-to-equity ratio of 0.59. Bel Fuse Inc. has a 12-month low of $21.65 and a 12-month high of $33.60. The firm has a market cap of $309.82, a PE ratio of 19.66 and a beta of 0.83.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Friday, October 13th were given a dividend of $0.07 per share. The ex-dividend date was Thursday, October 12th. This represents a $0.28 annualized dividend and a dividend yield of 1.09%. Bel Fuse’s dividend payout ratio (DPR) is currently 28.57%.

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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