US Bancorp DE Has $149,000 Stock Position in Cohu, Inc. (NASDAQ:COHU)

US Bancorp DE grew its stake in Cohu, Inc. (NASDAQ:COHU) by 12.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,111 shares of the semiconductor company’s stock after purchasing an additional 1,159 shares during the quarter. US Bancorp DE’s holdings in Cohu were worth $149,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in COHU. Tower Research Capital LLC TRC increased its position in shares of Cohu by 14.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company’s stock valued at $103,000 after buying an additional 486 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Cohu by 3.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,309 shares of the semiconductor company’s stock valued at $702,000 after buying an additional 837 shares in the last quarter. Vident Advisory LLC increased its position in shares of Cohu by 5.3% in the 4th quarter. Vident Advisory LLC now owns 18,450 shares of the semiconductor company’s stock valued at $493,000 after buying an additional 933 shares in the last quarter. Sterling Capital Management LLC increased its position in shares of Cohu by 826.9% in the 4th 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 in the last quarter. Finally, Invesco Ltd. increased its position in shares of 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 buying an additional 1,398 shares in the last quarter. Institutional investors and hedge funds own 94.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on COHU shares. Wall Street Zen cut shares of Cohu from a “hold” rating to a “sell” rating in a research report on Tuesday, May 13th. TD Cowen lowered their target price on Cohu from $27.00 to $22.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Needham & Company LLC reiterated a “hold” rating on shares of Cohu in a report on Friday, May 2nd. Finally, Stifel Nicolaus lowered their target price on Cohu from $35.00 to $28.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $27.17.

Cohu Price Performance

Shares of NASDAQ COHU opened at $19.86 on Friday. The stock has a market capitalization of $927.06 million, a price-to-earnings ratio of -10.62 and a beta of 1.25. The business has a 50-day moving average of $19.43 and a 200-day moving average of $18.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.88 and a quick ratio of 3.51. Cohu, Inc. has a fifty-two week low of $12.57 and a fifty-two week high of $29.42.

Cohu (NASDAQ:COHU) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.04. Cohu had a negative return on equity of 3.74% and a negative net margin of 22.11%. The company had revenue of $107.68 million during the quarter, compared to analysts’ expectations of $106.00 million. During the same quarter last year, the company earned ($0.01) EPS. Cohu’s revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, sell-side analysts predict that Cohu, Inc. will post -0.36 earnings per share 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.