Intech Investment Management LLC Has $551,000 Holdings in Cohu, Inc. (NASDAQ:COHU)

Intech Investment Management LLC boosted its stake in Cohu, Inc. (NASDAQ:COHU) by 97.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,643 shares of the semiconductor company’s stock after acquiring an additional 10,183 shares during the quarter. Intech Investment Management LLC’s holdings in Cohu were worth $551,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. raised its holdings in shares of Cohu by 49.2% in the third 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 lifted its position in Cohu by 413.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,740 shares of the semiconductor company’s stock worth $46,000 after buying an additional 1,401 shares in the last quarter. KBC Group NV boosted 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 worth $70,000 after buying an additional 1,132 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Cohu in the 4th quarter valued at about $120,000. Finally, Morgan Dempsey Capital Management LLC increased its position in shares of Cohu by 24.8% in the fourth quarter. Morgan Dempsey Capital Management LLC now owns 7,609 shares of the semiconductor company’s stock valued at $203,000 after acquiring an additional 1,513 shares during the last quarter. 94.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Cohu Trading Up 4.9 %

COHU stock opened at $17.37 on Tuesday. The stock has a market cap of $811.35 million, a price-to-earnings ratio of -11.58 and a beta of 1.50. The company has a fifty day moving average price of $20.62 and a two-hundred day moving average price of $24.03. Cohu, Inc. has a one year low of $15.61 and a one year high of $36.60. 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 announced 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 net margin of 17.38% and a negative return on equity of 3.18%. Equities analysts anticipate that Cohu, Inc. will post -0.36 EPS 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.