Cohu, Inc. (NASDAQ:COHU) Shares Bought by Frontier Capital Management Co. LLC

Frontier Capital Management Co. LLC lifted its holdings in Cohu, Inc. (NASDAQ:COHU - Free Report) by 52.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,139,325 shares of the semiconductor company's stock after buying an additional 390,558 shares during the period. Frontier Capital Management Co. LLC owned approximately 2.44% of Cohu worth $30,420,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its position in shares of Cohu by 14.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company's stock valued at $103,000 after purchasing an additional 486 shares in the last quarter. KBC Group NV boosted its stake in Cohu by 75.7% during the fourth quarter. KBC Group NV now owns 2,627 shares of the semiconductor company's stock worth $70,000 after buying an additional 1,132 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Cohu by 1,225.7% in 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 grew its holdings in shares of Cohu by 826.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,483 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 1,323 shares during the period. Finally, Invesco Ltd. boosted its holdings in Cohu by 0.7% in the 4th quarter. Invesco Ltd. now owns 208,108 shares of the semiconductor company's stock valued at $5,556,000 after purchasing an additional 1,398 shares during the last quarter. 94.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Needham & Company LLC restated a "hold" rating on shares of Cohu in a report on Friday, May 2nd. StockNews.com cut Cohu from a "hold" rating to a "sell" rating in a research note on Tuesday. Stifel Nicolaus decreased their price target on Cohu from $35.00 to $28.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. TD Cowen cut their price objective on Cohu from $27.00 to $22.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Finally, B. Riley decreased their target price on shares of Cohu from $34.00 to $30.00 and set a "buy" rating on the stock in a research report on Friday, February 14th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $28.43.

Cohu Stock Down 0.8%

Shares of COHU stock traded down $0.15 on Wednesday, reaching $18.00. 145,278 shares of the stock were exchanged, compared to its average volume of 401,602. The company has a current ratio of 6.38, a quick ratio of 4.69 and a debt-to-equity ratio of 0.01. 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 $837.05 million, a price-to-earnings ratio of -12.00 and a beta of 1.22. The business's 50 day moving average price is $15.72 and its 200 day moving average price is $21.55.

Cohu (NASDAQ:COHU - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The semiconductor company reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.14. The firm had revenue of $96.80 million during the quarter, compared to analysts' expectations of $96.61 million. Cohu had a negative net margin of 17.38% and a negative return on equity of 3.18%. Cohu's quarterly revenue was down 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.01 EPS. As a group, sell-side analysts expect that Cohu, Inc. will post -0.36 earnings per share for the current fiscal year.

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.