Dean Investment Associates LLC Grows Stock Holdings in Cohu, Inc. (NASDAQ:COHU)

Dean Investment Associates LLC grew its stake in shares of Cohu, Inc. (NASDAQ:COHU) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,410 shares of the semiconductor company’s stock after acquiring an additional 6,595 shares during the period. Dean Investment Associates LLC’s holdings in Cohu were worth $2,761,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. KBC Group NV raised its stake in shares of Cohu by 75.7% during 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. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Cohu by 1,225.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,392 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 1,287 shares in the last quarter. Sterling Capital Management LLC increased its position in shares of Cohu by 826.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,483 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 1,323 shares during the period. Invesco Ltd. lifted its holdings in shares of Cohu by 0.7% in the fourth quarter. Invesco Ltd. now owns 208,108 shares of the semiconductor company’s stock worth $5,556,000 after buying an additional 1,398 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Cohu by 413.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,740 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 1,401 shares in the last quarter. 94.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. B. Riley lowered 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. Stifel Nicolaus dropped their price objective on Cohu from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Finally, Needham & Company LLC restated a “hold” rating on shares of Cohu in a research report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $30.57.

Cohu Trading Up 0.9 %

NASDAQ COHU opened at $14.06 on Friday. The company has a quick ratio of 4.69, a current ratio of 6.38 and a debt-to-equity ratio of 0.01. The stock’s 50-day simple moving average is $17.15 and its two-hundred day simple moving average is $22.68. Cohu, Inc. has a twelve month low of $12.57 and a twelve month high of $36.60. The company has a market capitalization of $654.35 million, a price-to-earnings ratio of -9.37 and a beta of 1.39.

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