Shares of Bel Fuse Inc. (NASDAQ:BELFB) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports.

Zacks has also given Bel Fuse an industry rank of 192 out of 265 based on the ratings given to its competitors.

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

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Bel Fuse (NASDAQ BELFB) opened at $28.30 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.68 and a debt-to-equity ratio of 0.68. The stock has a market cap of $340.79, a PE ratio of 21.60 and a beta of 0.83.

Bel Fuse (NASDAQ:BELFB) last issued its quarterly earnings data on Thursday, August 3rd. The electronics maker reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.25. Bel Fuse had a return on equity of 11.61% and a net margin of 3.44%. The firm had revenue of $131.62 million during the quarter.

The company 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 dividend on an annualized basis and a dividend yield of 0.99%. Bel Fuse’s payout ratio is currently 28.57%.

Several hedge funds have recently added to or reduced their stakes in BELFB. Bank of New York Mellon Corp raised its position in shares of Bel Fuse by 2.8% during the first quarter. Bank of New York Mellon Corp now owns 141,701 shares of the electronics maker’s stock worth $3,620,000 after acquiring an additional 3,858 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Bel Fuse by 6.4% during the first quarter. Ameriprise Financial Inc. now owns 46,075 shares of the electronics maker’s stock worth $1,177,000 after acquiring an additional 2,785 shares during the last quarter. OppenheimerFunds Inc. raised its position in shares of Bel Fuse by 36.3% during the first quarter. OppenheimerFunds Inc. now owns 14,888 shares of the electronics maker’s stock worth $381,000 after acquiring an additional 3,968 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Bel Fuse by 3.6% during the first quarter. Principal Financial Group Inc. now owns 66,016 shares of the electronics maker’s stock worth $1,687,000 after acquiring an additional 2,321 shares during the last quarter. Finally, FMR LLC raised its position in shares of Bel Fuse by 48.6% during the first quarter. FMR LLC now owns 55,000 shares of the electronics maker’s stock worth $1,405,000 after acquiring an additional 18,000 shares during the last quarter. Institutional investors own 58.97% of the company’s stock.

About Bel Fuse

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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