Teradyne, Inc. (NASDAQ:TER) Shares Purchased by Erste Asset Management GmbH

Erste Asset Management GmbH grew its position in Teradyne, Inc. (NASDAQ:TER) by 9.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 101,872 shares of the company’s stock after acquiring an additional 9,000 shares during the period. Erste Asset Management GmbH’s holdings in Teradyne were worth $13,285,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of TER. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Teradyne by 122.0% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,816 shares of the company’s stock valued at $4,636,000 after buying an additional 20,232 shares in the last quarter. AGF Management Ltd. grew its holdings in shares of Teradyne by 102.8% during the fourth quarter. AGF Management Ltd. now owns 3,236 shares of the company’s stock worth $407,000 after buying an additional 1,640 shares in the last quarter. Inspire Advisors LLC lifted its stake in shares of Teradyne by 341.7% during the 4th quarter. Inspire Advisors LLC now owns 24,664 shares of the company’s stock worth $3,106,000 after purchasing an additional 19,080 shares during the period. Citizens Financial Group Inc. RI grew its holdings in Teradyne by 5.8% in the 4th quarter. Citizens Financial Group Inc. RI now owns 2,244 shares of the company’s stock valued at $283,000 after buying an additional 124 shares during the period. Finally, Channing Capital Management LLC increased its position in Teradyne by 10.2% during the fourth quarter. Channing Capital Management LLC now owns 89,737 shares of the company’s stock worth $11,300,000 after purchasing an additional 8,291 shares during the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Teradyne Trading Down 1.6 %

TER stock opened at $85.33 on Friday. Teradyne, Inc. has a one year low of $82.98 and a one year high of $163.21. The firm has a 50-day moving average of $118.48 and a two-hundred day moving average of $120.70. The firm has a market capitalization of $13.80 billion, a PE ratio of 25.62, a P/E/G ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. On average, equities research analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.56%. The ex-dividend date is Friday, February 14th. Teradyne’s dividend payout ratio is currently 14.41%.

Insider Transactions at Teradyne

In related news, CFO Sanjay Mehta sold 1,384 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total value of $154,302.16. Following the transaction, the chief financial officer now directly owns 36,576 shares of the company’s stock, valued at approximately $4,077,858.24. This trade represents a 3.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares in the company, valued at $9,705,800. This trade represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,479 shares of company stock valued at $1,013,134. 0.36% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TER. Cantor Fitzgerald dropped their target price on shares of Teradyne from $150.00 to $110.00 and set an “overweight” rating for the company in a research report on Wednesday. Vertical Research assumed coverage on shares of Teradyne in a research note on Friday, March 7th. They set a “buy” rating and a $135.00 price objective on the stock. JPMorgan Chase & Co. dropped their price target on Teradyne from $145.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday. Bank of America dropped their price target on Teradyne from $100.00 to $85.00 and set an “underperform” rating on the stock in a research report on Wednesday. Finally, TD Cowen reduced their price objective on Teradyne from $135.00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.69.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.