Amundi Has $598,000 Position in Cohu, Inc. (NASDAQ:COHU)

Amundi lifted its position in shares of Cohu, Inc. (NASDAQ:COHU) by 174.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,675 shares of the semiconductor company’s stock after purchasing an additional 14,415 shares during the quarter. Amundi’s holdings in Cohu were worth $598,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COHU. First Horizon Advisors Inc. increased its stake in 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 buying an additional 535 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in 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 period. KBC Group NV boosted its holdings in 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 period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Cohu during the 4th quarter worth approximately $120,000. Finally, Morgan Dempsey Capital Management LLC lifted its holdings in shares of Cohu by 24.8% during the 4th quarter. Morgan Dempsey Capital Management LLC now owns 7,609 shares of the semiconductor company’s stock worth $203,000 after acquiring an additional 1,513 shares during the period. 94.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

COHU has been the subject of a number of research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of Cohu in a research report on Tuesday, February 25th. B. Riley decreased their price target on Cohu from $34.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Finally, Stifel Nicolaus cut their price objective on Cohu from $40.00 to $35.00 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 given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $30.57.

Cohu Price Performance

COHU opened at $16.89 on Friday. The stock’s 50 day simple moving average is $20.92 and its 200 day simple moving average is $24.17. 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, Inc. has a 1 year low of $15.61 and a 1 year high of $36.60. The firm has a market cap of $788.93 million, a price-to-earnings ratio of -11.26 and a beta of 1.50.

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

Cohu 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.