Teradyne, Inc. (TER) Holdings Cut by Dalton Greiner Hartman Maher & Co.

Dalton Greiner Hartman Maher & Co. lessened its holdings in Teradyne, Inc. (NYSE:TER) by 9.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 606,976 shares of the semiconductor company’s stock after selling 62,548 shares during the period. Teradyne accounts for 1.3% of Dalton Greiner Hartman Maher & Co.’s investment portfolio, making the stock its 11th largest holding. Dalton Greiner Hartman Maher & Co.’s holdings in Teradyne were worth $25,414,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TER. Schwab Charles Investment Management Inc. grew its stake in Teradyne by 1.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,104,125 shares of the semiconductor company’s stock valued at $33,157,000 after purchasing an additional 20,506 shares during the period. First Trust Advisors LP grew its stake in Teradyne by 34.5% in the 2nd quarter. First Trust Advisors LP now owns 48,625 shares of the semiconductor company’s stock valued at $1,460,000 after purchasing an additional 12,482 shares during the period. Neuberger Berman Group LLC grew its stake in Teradyne by 15.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 99,853 shares of the semiconductor company’s stock valued at $2,999,000 after purchasing an additional 13,658 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Teradyne by 10.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,228 shares of the semiconductor company’s stock valued at $217,000 after purchasing an additional 660 shares during the period. Finally, Swiss National Bank grew its stake in Teradyne by 0.7% in the 2nd quarter. Swiss National Bank now owns 335,300 shares of the semiconductor company’s stock valued at $10,069,000 after purchasing an additional 2,400 shares during the period. Hedge funds and other institutional investors own 96.45% of the company’s stock.

In other Teradyne news, VP Charles Jeffrey Gray sold 8,161 shares of the firm’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $42.25, for a total value of $344,802.25. Following the completion of the transaction, the vice president now owns 31,500 shares in the company, valued at approximately $1,330,875. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Brad Robbins sold 12,045 shares of the firm’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $42.19, for a total value of $508,178.55. Following the completion of the transaction, the insider now owns 7,126 shares of the company’s stock, valued at approximately $300,645.94. The disclosure for this sale can be found here. In the last 90 days, insiders sold 140,206 shares of company stock valued at $6,066,881. 0.62% of the stock is owned by corporate insiders.

Teradyne, Inc. (NYSE TER) traded down $0.78 during mid-day trading on Wednesday, hitting $45.41. The stock had a trading volume of 1,777,500 shares, compared to its average volume of 2,151,800. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.96 and a quick ratio of 4.67. The company has a market cap of $8,590.00, a P/E ratio of 21.22, a price-to-earnings-growth ratio of 1.64 and a beta of 1.01. Teradyne, Inc. has a 12 month low of $25.68 and a 12 month high of $46.48.

Teradyne (NYSE:TER) last posted its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.11. Teradyne had a return on equity of 19.95% and a net margin of 20.55%. The company had revenue of $503.40 million during the quarter, compared to the consensus estimate of $472.86 million. During the same quarter in the prior year, the company earned $0.31 EPS. The firm’s quarterly revenue was up 22.6% compared to the same quarter last year. analysts predict that Teradyne, Inc. will post 2.22 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Wednesday, November 29th were paid a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, November 28th. This represents a $0.28 annualized dividend and a yield of 0.62%. Teradyne’s dividend payout ratio is currently 13.08%.

A number of research analysts have issued reports on TER shares. KeyCorp restated a “buy” rating and issued a $47.00 price objective on shares of Teradyne in a research note on Friday, October 27th. Citigroup increased their price target on Teradyne from $43.00 to $48.00 and gave the stock a “buy” rating in a research note on Monday, October 30th. Zacks Investment Research upgraded Teradyne from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Tuesday, September 19th. Goldman Sachs Group upgraded Teradyne from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 12th. Finally, Deutsche Bank downgraded Teradyne from a “buy” rating to a “hold” rating and set a $44.00 price target for the company. in a research note on Monday, November 20th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $42.55.

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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.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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