2,091 Shares in Cohu, Inc. (NASDAQ:COHU) Bought by Lazard Asset Management LLC

Lazard Asset Management LLC acquired a new position in Cohu, Inc. (NASDAQ:COHU – Get Rating) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,091 shares of the semiconductor company’s stock, valued at approximately $53,000.

Several other institutional investors and hedge funds have also recently modified their holdings of COHU. Quadrant Capital Group LLC raised its stake in Cohu by 166.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 1,134 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 709 shares during the period. Pinebridge Investments L.P. lifted its stake in shares of Cohu by 444.5% during the 2nd quarter. Pinebridge Investments L.P. now owns 1,089 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 889 shares during the last quarter. US Bancorp DE increased its position in Cohu by 185.4% during the 2nd quarter. US Bancorp DE now owns 1,213 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 788 shares in the last quarter. FMR LLC increased its holdings in shares of Cohu by 209.1% in the second quarter. FMR LLC now owns 1,391 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 941 shares during the period. Finally, Captrust Financial Advisors boosted its stake in shares of Cohu by 96.1% in the first quarter. Captrust Financial Advisors now owns 2,698 shares of the semiconductor company’s stock worth $80,000 after buying an additional 1,322 shares during the last quarter. 90.79% of the stock is currently owned by institutional investors.

Cohu Stock Down 1.9 %

COHU stock opened at $35.89 on Wednesday. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 18.04 and a beta of 1.55. Cohu, Inc. has a 1-year low of $24.06 and a 1-year high of $38.40. The company has a current ratio of 4.75, a quick ratio of 3.70 and a debt-to-equity ratio of 0.08. The company’s 50 day moving average is $35.56 and its 200 day moving average is $32.44.

Analyst Upgrades and Downgrades

Several research firms have issued reports on COHU. Craig Hallum cut Cohu from a “buy” rating to a “hold” rating in a research note on Friday, February 17th. StockNews.com raised Cohu from a “hold” rating to a “buy” rating in a research note on Tuesday, December 13th. Needham & Company LLC upped their price objective on Cohu from $34.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, February 17th. Finally, B. Riley increased their price target on shares of Cohu from $30.00 to $36.00 in a research report on Friday, February 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, Cohu presently has a consensus rating of “Moderate Buy” and an average target price of $39.00.

Cohu Company Profile

(Get Rating)

Cohu, Inc engages in the provision of back-end semiconductor equipment and services. It offers test and handling capital equipment, interface products, and related services to the semiconductor and electronics manufacturing industries. It operates through the Semiconductor Test and Inspection, and Printed Circuit Board Test segments.