Renaissance Technologies LLC Has $12.26 Million Stake in Bel Fuse Inc. (BELFB)

Bruno Cirelli
Agosto 5, 2017

(NASDAQ:BELFB) during the first quarter, according to its most recent disclosure with the SEC. The firm owned 32,602 shares of the electronics maker's stock after selling 800 shares during the period. Renaissance Technologies LLC owned 3.99% of Bel Fuse worth $12,257,000 at the end of the most recent quarter.

A hedge fund recently bought a new stake in Bel Fuse stock. Ameriprise Financial Inc. now owns 46,075 shares of the electronics maker's stock worth $1,177,000 after buying an additional 2,785 shares during the last quarter. Strs Ohio boosted its stake in shares of Bel Fuse by 21.5% in the first quarter. Vanguard Group Inc. now owns 446,013 shares of the electronics maker's stock worth $11,396,000 after buying an additional 24,686 shares during the period. Teachers Advisors LLC raised its stake in shares of Bel Fuse by 4.1% in the fourth quarter. Globeflex Capital L P now owns 5,329 shares of the electronics maker's stock worth $136,000 after buying an additional 5,265 shares during the period. Teachers Advisors LLC now owns 21,265 shares of the electronics maker's stock valued at $657,000 after buying an additional 839 shares during the period.

TRADEMARK VIOLATION NOTICE: "Bel Fuse Inc". The company's stock had a trading volume of 3,876 shares. The fund acquired 7,001 shares of the scientific and technical instruments company's stock, valued at approximately $146,000.

Renaissance Technologies LLC boosted its stake in Bel Fuse Inc. Bel Fuse Inc. The company's 50-day moving average is $25.25 and its 200-day moving average is $25.74. Bel Fuse has a 52-week low of $16.70 and a 52-week high of $26.97. (BELFA) on Thursday reported second-quarter earnings of $3.1 million. The electronics maker reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.22.

The maker of electronic products for circuits posted revenue of $131.6 million in the period. Bel Fuse had a net margin of 7.43% and a return on equity of 11.47%. Russell Investments Group Ltd. purchased a new position in shares of Bel Fuse Inc.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 1st. Investors of record on Friday, July 14th were issued a $0.07 dividend. Its down -0.01, from 1.75 in 2016Q3. The ex-dividend date was set for Wednesday the 12th of July 2017. Bel Fuse's dividend payout ratio (DPR) is presently 9.24%. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bel Fuse Inc. with MarketBeat.com's FREE daily email newsletter. "(NASDAQ:BELFB)" was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this news story on another publication, it was illegally copied and republished in violation of US and global trademark & copyright laws.

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