Charles Schwab Investment Management Inc. Has $18.09 Million Stock Holdings in Cohu, Inc. (NASDAQ:COHU)

Charles Schwab Investment Management Inc. boosted its holdings in shares of Cohu, Inc. (NASDAQ:COHU) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 677,370 shares of the semiconductor company’s stock after acquiring an additional 53,096 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.45% of Cohu worth $18,086,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. boosted its stake 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 purchasing an additional 535 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Cohu by 413.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,740 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 1,401 shares during the last quarter. KBC Group NV boosted its stake in shares of Cohu by 75.7% in the 4th quarter. KBC Group NV now owns 2,627 shares of the semiconductor company’s stock valued at $70,000 after purchasing an additional 1,132 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Cohu in the 4th quarter valued at $120,000. Finally, Morgan Dempsey Capital Management LLC boosted its stake in shares of Cohu by 24.8% in the 4th quarter. Morgan Dempsey Capital Management LLC now owns 7,609 shares of the semiconductor company’s stock valued at $203,000 after purchasing an additional 1,513 shares during the last quarter. 94.67% of the stock is owned by institutional investors.

Cohu Stock Performance

COHU opened at $17.12 on Thursday. The company has a current ratio of 6.38, a quick ratio of 4.69 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average price is $21.11 and its two-hundred day moving average price is $24.22. Cohu, Inc. has a 1-year low of $15.61 and a 1-year high of $36.60. The company has a market cap of $799.68 million, a price-to-earnings ratio of -11.41 and a beta of 1.50.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on COHU shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Cohu in a research note on Tuesday, February 25th. Stifel Nicolaus cut their target price on shares of Cohu from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. Finally, B. Riley cut their target price 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 analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average 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.