Rhumbline Advisers Boosts Stake in Teradyne, Inc. (TER)

Rhumbline Advisers grew its holdings in Teradyne, Inc. (NYSE:TER) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 421,059 shares of the semiconductor company’s stock after acquiring an additional 18,764 shares during the quarter. Rhumbline Advisers owned 0.21% of Teradyne worth $15,701,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. MML Investors Services LLC boosted its position in shares of Teradyne by 0.8% in the second quarter. MML Investors Services LLC now owns 24,382 shares of the semiconductor company’s stock valued at $732,000 after acquiring an additional 188 shares during the period. IFP Advisors Inc boosted its position in shares of Teradyne by 4.6% in the second quarter. IFP Advisors Inc now owns 4,806 shares of the semiconductor company’s stock valued at $144,000 after acquiring an additional 211 shares during the period. People s United Financial Inc. boosted its position in shares of Teradyne by 1.8% in the second quarter. People s United Financial Inc. now owns 18,148 shares of the semiconductor company’s stock valued at $545,000 after acquiring an additional 316 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its position in shares of Teradyne by 1.6% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 35,078 shares of the semiconductor company’s stock valued at $691,000 after acquiring an additional 559 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its position in shares of Teradyne by 0.8% in the second quarter. Ameritas Investment Partners Inc. now owns 77,538 shares of the semiconductor company’s stock valued at $2,328,000 after acquiring an additional 592 shares during the period. 97.17% of the stock is owned by institutional investors.

Several brokerages recently commented on TER. Deutsche Bank AG cut Teradyne from a “buy” rating to a “hold” rating and set a $44.00 target price for the company. in a research report on Monday. BidaskClub cut Teradyne from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. KeyCorp raised Teradyne from a “sector weight” rating to an “overweight” rating and set a $40.00 target price for the company in a research report on Thursday, July 27th. Zacks Investment Research raised Teradyne from a “sell” rating to a “hold” rating and set a $39.00 target price for the company in a research report on Thursday, July 27th. Finally, Robert W. Baird reaffirmed a “positive” rating and issued a $48.00 target price (up from $37.00) on shares of Teradyne in a research report on Friday, October 27th. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $41.00.

ILLEGAL ACTIVITY NOTICE: “Rhumbline Advisers Boosts Stake in Teradyne, Inc. (TER)” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece can be read at https://www.com-unik.info/2017/11/23/rhumbline-advisers-boosts-stake-in-teradyne-inc-ter.html.

In other news, Director Edwin J. Gillis sold 41,000 shares of the firm’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $35.63, for a total value of $1,460,830.00. Following the completion of the sale, the director now directly owns 49,638 shares in the company, valued at $1,768,601.94. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael A. Bradley sold 15,248 shares of the firm’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $35.86, for a total value of $546,793.28. Following the completion of the sale, the director now owns 172,322 shares of the company’s stock, valued at $6,179,466.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 236,012 shares of company stock valued at $9,495,829. Company insiders own 0.62% of the company’s stock.

Teradyne, Inc. (NYSE:TER) opened at $43.28 on Thursday. The stock has a market capitalization of $8,634.86, a price-to-earnings ratio of 20.01, a price-to-earnings-growth ratio of 1.65 and a beta of 1.04. Teradyne, Inc. has a twelve month low of $23.39 and a twelve month high of $44.63. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.67 and a current ratio of 4.96.

Teradyne (NYSE:TER) last issued its quarterly earnings data on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.11. The company had revenue of $503.40 million during the quarter, compared to analysts’ expectations of $472.86 million. Teradyne had a return on equity of 22.39% and a net margin of 21.11%. The business’s revenue was up 22.6% on a year-over-year basis. During the same period last year, the business earned $0.31 earnings per share. equities research analysts anticipate that Teradyne, Inc. will post 2.22 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Wednesday, November 29th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.65%. Teradyne’s payout ratio is presently 13.08%.

Teradyne Company Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

What are top analysts saying about Teradyne Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Teradyne Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit