Dean Capital Management Has $1.86 Million Stock Holdings in Cohu, Inc. (NASDAQ:COHU)

Dean Capital Management grew its stake in Cohu, Inc. (NASDAQ:COHU) by 25.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,693 shares of the semiconductor company’s stock after purchasing an additional 14,077 shares during the period. Dean Capital Management owned about 0.15% of Cohu worth $1,861,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its stake in shares of Cohu by 1.4% in the 4th quarter. Franklin Resources Inc. now owns 3,191,263 shares of the semiconductor company’s stock valued at $85,207,000 after buying an additional 45,571 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in Cohu by 78.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 2,615,235 shares of the semiconductor company’s stock worth $69,827,000 after buying an additional 1,152,825 shares in the last quarter. Royce & Associates LP grew its stake in shares of Cohu by 28.0% during the fourth quarter. Royce & Associates LP now owns 1,442,394 shares of the semiconductor company’s stock valued at $38,512,000 after purchasing an additional 315,605 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Cohu by 15.5% during the 4th quarter. Ameriprise Financial Inc. now owns 1,148,977 shares of the semiconductor company’s stock worth $30,678,000 after buying an additional 154,550 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Cohu by 2.1% in the fourth quarter. Bank of New York Mellon Corp now owns 926,322 shares of the semiconductor company’s stock valued at $24,733,000 after acquiring an additional 19,236 shares during the last quarter. 94.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

COHU has been the subject of several research analyst reports. B. Riley reduced their target price on Cohu from $34.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Stifel Nicolaus dropped their price objective on shares of Cohu from $35.00 to $28.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. TD Cowen reduced their target price on shares of Cohu from $27.00 to $22.00 and set a “buy” rating for the company in a report on Friday, May 2nd. StockNews.com upgraded Cohu from a “sell” rating to a “hold” rating in a research note on Monday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Cohu in a report on Friday, May 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $28.43.

Cohu Trading Down 4.7 %

Shares of Cohu stock opened at $15.65 on Wednesday. The firm has a market capitalization of $728.49 million, a PE ratio of -10.44 and a beta of 1.22. The company has a current ratio of 6.38, a quick ratio of 4.69 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $15.88 and its 200 day moving average is $21.84. Cohu, Inc. has a 1 year low of $12.57 and a 1 year high of $36.60.

Cohu (NASDAQ:COHU) last announced its quarterly earnings results on Thursday, May 1st. The semiconductor company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.14. The company had revenue of $96.80 million during the quarter, compared to the consensus estimate of $96.61 million. Cohu had a negative net margin of 17.38% and a negative return on equity of 3.18%. The company’s revenue for the quarter was down 10.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.01 earnings per share. Equities research analysts forecast that Cohu, Inc. will post -0.36 earnings per share for the current fiscal year.

About Cohu

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.