Janney Montgomery Scott LLC Has $1.07 Million Holdings in Bel Fuse Inc. (NASDAQ:BELFA)

Janney Montgomery Scott LLC trimmed its holdings in shares of Bel Fuse Inc. (NASDAQ:BELFA) by 14.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,840 shares of the scientific and technical instruments company’s stock after selling 2,066 shares during the quarter. Janney Montgomery Scott LLC owned about 0.09% of Bel Fuse worth $1,067,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BELFA. MetLife Investment Management LLC lifted its stake in shares of Bel Fuse by 129.2% in the third quarter. MetLife Investment Management LLC now owns 1,098 shares of the scientific and technical instruments company’s stock worth $109,000 after buying an additional 619 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Bel Fuse by 632.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,073 shares of the scientific and technical instruments company’s stock worth $206,000 after acquiring an additional 1,790 shares during the period. Barclays PLC lifted its position in Bel Fuse by 278.9% during the 3rd quarter. Barclays PLC now owns 2,311 shares of the scientific and technical instruments company’s stock worth $230,000 after acquiring an additional 1,701 shares during the last quarter. State Street Corp boosted its holdings in Bel Fuse by 12.9% during the third quarter. State Street Corp now owns 25,125 shares of the scientific and technical instruments company’s stock valued at $2,498,000 after acquiring an additional 2,876 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Bel Fuse by 9.0% in the third quarter. Geode Capital Management LLC now owns 33,694 shares of the scientific and technical instruments company’s stock valued at $3,351,000 after purchasing an additional 2,778 shares during the last quarter. 6.01% of the stock is currently owned by institutional investors.

Bel Fuse Price Performance

NASDAQ BELFA opened at $83.49 on Thursday. The stock has a 50-day simple moving average of $91.37 and a 200 day simple moving average of $92.75. Bel Fuse Inc. has a twelve month low of $51.00 and a twelve month high of $106.93. The stock has a market capitalization of $1.05 billion, a PE ratio of 20.22 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.71 and a current ratio of 4.00.

Bel Fuse Profile

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.