Legato Capital Management LLC Has $1.17 Million Holdings in Cohu, Inc. (NASDAQ:COHU)

Legato Capital Management LLC lifted its holdings in shares of Cohu, Inc. (NASDAQ:COHU) by 15.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,824 shares of the semiconductor company’s stock after buying an additional 5,885 shares during the quarter. Legato Capital Management LLC owned about 0.09% of Cohu worth $1,170,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Franklin Resources Inc. grew its holdings in Cohu by 25.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,145,692 shares of the semiconductor company’s stock worth $82,134,000 after acquiring an additional 647,828 shares during the period. Lightrock Netherlands B.V. bought a new position in shares of Cohu in the 4th quarter worth $8,016,000. Victory Capital Management Inc. grew its stake in shares of Cohu by 7.1% during the third quarter. Victory Capital Management Inc. now owns 3,358,288 shares of the semiconductor company’s stock worth $86,308,000 after purchasing an additional 224,022 shares during the period. Royce & Associates LP increased its holdings in Cohu by 21.4% in the third quarter. Royce & Associates LP now owns 1,126,789 shares of the semiconductor company’s stock valued at $28,958,000 after purchasing an additional 198,849 shares during the last quarter. Finally, Tributary Capital Management LLC lifted its stake in Cohu by 46.4% in the third quarter. Tributary Capital Management LLC now owns 521,047 shares of the semiconductor company’s stock valued at $13,391,000 after buying an additional 165,135 shares during the period. 94.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

COHU has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered their price target on Cohu from $26.00 to $23.00 and set a “sell” rating for the company in a research note on Friday, November 1st. TD Cowen lowered their target price on shares of Cohu from $36.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Needham & Company LLC cut shares of Cohu from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Finally, Craig Hallum upgraded shares of Cohu from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $31.50.

Cohu Stock Down 1.7 %

Cohu stock opened at $20.87 on Thursday. Cohu, Inc. has a twelve month low of $20.76 and a twelve month high of $36.60. The company has a quick ratio of 4.69, a current ratio of 6.38 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $25.07 and a 200-day moving average of $25.57. The stock has a market capitalization of $972.75 million, a PE ratio of -19.32 and a beta of 1.45.

Cohu Company 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.