Value Holdings Lp buys $368,493 stake in Cohu (COHU)

Cohu (COHU) : Value Holdings Lp scooped up 7,992 additional shares in Cohu during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 35,398 shares of Cohu which is valued at $368,493.Cohu makes up approximately 0.23% of Value Holdings Lp’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in COHU in the latest quarter, The investment management firm added 3,600 additional shares and now holds a total of 55,900 shares of Cohu which is valued at $637,819.Shell Asset Management Co reduced its stake in COHU by selling 4,421 shares or 5.39% in the most recent quarter. The Hedge Fund company now holds 77,560 shares of COHU which is valued at $884,960. Cohu makes up approx 0.02% of Shell Asset Management Co’s portfolio.Louisiana State Employees Retirement System boosted its stake in COHU in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 11,200 shares of Cohu which is valued at $127,792. Cohu makes up approx 0.01% of Louisiana State Employees Retirement System’s portfolio.

Cohu closed down -0.1 points or -0.96% at $10.31 with 60,928 shares getting traded on Thursday. Post opening the session at $10.47, the shares hit an intraday low of $10.23 and an intraday high of $10.665 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Cohu reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.21. The company had revenue of $76.40 million for the quarter, compared to analysts expectations of $73.93 million. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Cohu Inc. (Cohu) is a supplier of semiconductor test and inspection handlers micro-electro mechanical system (MEMS) test modules test contactors and thermal sub-systems for the global semiconductor industry. The Company’s semiconductor equipment segment which consists of Cohu’s Semiconductor Equipment Group (SEG) encompasses Cohu’s wholly owned subsidiaries Delta Design Inc. (Delta) which Rasco GmbH (Rasco) and Ismeca Semiconductor Holding SA (Ismeca). The Company through its subsidiaries develops manufactures and sells pick-and-place semiconductor test handling equipment thermal sub-systems gravity-feed and test-in-strip semiconductor test handling equipment MEMS test modules turret-based test handling and back-end finishing equipment for integrated circuits light emitting diodes and discrete components. The Company’s SO1000 is a gravity-feed platform that provides a solution for testing up to four devices in parallel.

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