Rhumbline Advisers Has $3.80 Million Position in Cohu, Inc. (NASDAQ:COHU)

Rhumbline Advisers increased its holdings in shares of Cohu, Inc. (NASDAQ:COHU) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 142,372 shares of the semiconductor company’s stock after buying an additional 1,809 shares during the period. Rhumbline Advisers owned 0.31% of Cohu worth $3,801,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. First Horizon Advisors Inc. raised its position in shares of Cohu by 49.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,622 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 535 shares during the period. KBC Group NV boosted its stake in Cohu by 75.7% in the 4th quarter. KBC Group NV now owns 2,627 shares of the semiconductor company’s stock worth $70,000 after purchasing an additional 1,132 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Cohu during the 4th quarter worth about $120,000. Sheets Smith Wealth Management acquired a new stake in shares of Cohu in the 4th quarter valued at about $205,000. Finally, US Bancorp DE lifted its holdings in shares of Cohu by 59.7% in the third quarter. US Bancorp DE now owns 8,823 shares of the semiconductor company’s stock valued at $227,000 after purchasing an additional 3,297 shares in the last quarter. 94.67% of the stock is currently owned by institutional investors and hedge funds.

Cohu Trading Down 1.3 %

COHU stock opened at $19.66 on Friday. Cohu, Inc. has a one year low of $18.76 and a one year high of $36.60. The stock has a market cap of $918.32 million, a price-to-earnings ratio of -13.11 and a beta of 1.45. The company has a fifty day moving average price of $23.61 and a two-hundred day moving average price of $25.04. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.38 and a quick ratio of 4.69.

Cohu (NASDAQ:COHU) last released its quarterly earnings results on Thursday, February 20th. The semiconductor company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.18). Cohu had a negative return on equity of 3.18% and a negative net margin of 17.38%. Equities analysts anticipate that Cohu, Inc. will post -0.36 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on COHU shares. Needham & Company LLC reiterated a “hold” rating on shares of Cohu in a report on Tuesday. TD Cowen decreased their price target on shares of Cohu from $36.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, November 1st. The Goldman Sachs Group lowered their price objective on shares of Cohu from $26.00 to $23.00 and set a “sell” rating on the stock in a report on Friday, November 1st. Craig Hallum upgraded shares of Cohu from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a report on Friday, November 1st. Finally, B. Riley lowered their price target on shares of Cohu from $34.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $30.57.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.