1 week Ago By Defense World Staff
Wells Fargo & Company MN boosted its holdings in shares of Cohu, Inc. ( NASDAQ:COHU – Free Report ) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 77,180 shares of the semiconductor company’s stock after purchasing an additional 1,480 shares during the quarter. Wells Fargo & Company MN owned about 0.17% of Cohu worth $2,061,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of COHU. Foundry Partners LLC raised its position in shares of Cohu by 1,191.0% during the 4th quarter.
Foundry Partners LLC now owns 176,168 shares of the semiconductor company’s stock valued at $4,704,000 after buying an additional 162,522 shares in the last quarter. Franklin Resources Inc. increased its stake in Cohu by 1.
4% during the fourth quarter. Franklin Resources Inc. now owns 3,191,263 shares of the semiconductor company’s stock worth $85,207,000 after acquiring an additional 45,571 shares during the last quarter.
JPMorgan Chase & Co. raised its position in Cohu by 11.0% during the fourth quarter.
JPMorgan Chase & Co. now owns 223,548 shares of the semiconductor company’s stock valued at $5,969,000 after purchasing an additional 22,108 shares during the period. Mitsubishi UFJ Asset Management Co.
Ltd. lifted its stake in shares of 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 purchasing an additional 1,287 shares during the last quarter.
Finally, LPL Financial LLC boosted its holdings in shares of Cohu by 10.3% in the 4th quarter. LPL Financial LLC now owns 15,514 shares of the semiconductor company’s stock worth $414,000 after purchasing an additional 1,452 shares during the period.
Institutional investors own 94.67% of the company’s stock. Analysts Set New Price Targets Several research firms recently weighed in on COHU.
Stifel Nicolaus decreased their price target on Cohu from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Friday, February 14th.
B. Riley lowered their target price on shares of Cohu from $34.00 to $30.
00 and set a “buy” rating for the company in a report on Friday, February 14th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Cohu in a research note on Tuesday, February 25th. Two research 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.com, the company has an average rating of “Hold” and a consensus target price of $30.57.
Cohu Trading Up 0.2 % NASDAQ COHU opened at $16.88 on Friday.
Cohu, Inc. has a 12 month low of $12.57 and a 12 month high of $36.
60. The company’s 50-day moving average price is $16.45 and its 200-day moving average price is $22.
29. The stock has a market cap of $785.60 million, a PE ratio of -11.
25 and a beta of 1.39. 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 ( NASDAQ:COHU – Get Free Report ) last issued its 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 return on equity of 3.
18% and a negative net margin of 17.38%. Equities research analysts forecast that Cohu, Inc.
will post -0.36 earnings per share for the current year. Cohu Company Profile ( Free Report ) 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. Featured Stories Five stocks we like better than Cohu 3 Best Fintech Stocks for a Portfolio Boost Short Sellers Gave Up on These 3 Names Recently What is the Euro STOXX 50 Index? 3 Boring Stocks Outperforming the Market This Year Differences Between Momentum Investing and Long Term Investing If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy Want to see what other hedge funds are holding COHU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cohu, Inc.
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