Teradyne, Inc. (NYSE:TER) Shares Acquired by Man Group plc

Man Group plc increased its position in Teradyne, Inc. (NYSE:TER) by 99.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 233,722 shares of the semiconductor company’s stock after purchasing an additional 116,745 shares during the quarter. Man Group plc owned 0.14% of Teradyne worth $13,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sandler Capital Management lifted its holdings in Teradyne by 7.2% in the 3rd quarter. Sandler Capital Management now owns 165,000 shares of the semiconductor company’s stock worth $9,555,000 after buying an additional 11,152 shares in the last quarter. Squarepoint Ops LLC increased its position in shares of Teradyne by 149.1% during the third quarter. Squarepoint Ops LLC now owns 214,664 shares of the semiconductor company’s stock worth $12,431,000 after acquiring an additional 128,492 shares during the last quarter. Castleark Management LLC acquired a new position in shares of Teradyne in the third quarter worth about $2,525,000. Adalta Capital Management LLC lifted its stake in shares of Teradyne by 0.9% in the third quarter. Adalta Capital Management LLC now owns 91,600 shares of the semiconductor company’s stock worth $5,304,000 after acquiring an additional 825 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of Teradyne by 2.5% in the third quarter. Public Employees Retirement System of Ohio now owns 178,100 shares of the semiconductor company’s stock worth $10,314,000 after acquiring an additional 4,312 shares in the last quarter.

Shares of TER stock opened at $61.64 on Wednesday. The stock has a market capitalization of $10.35 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 2.02 and a beta of 1.25. Teradyne, Inc. has a one year low of $28.73 and a one year high of $67.20. The company’s 50-day simple moving average is $62.79 and its 200-day simple moving average is $53.90. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.76 and a current ratio of 4.10.

Teradyne (NYSE:TER) last announced its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.07. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The firm had revenue of $582.04 million during the quarter, compared to analyst estimates of $565.43 million. During the same period in the previous year, the company earned $0.71 earnings per share. Teradyne’s quarterly revenue was up 2.7% on a year-over-year basis. As a group, research analysts forecast that Teradyne, Inc. will post 2.25 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Wednesday, November 27th will be issued a $0.09 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.58%. Teradyne’s dividend payout ratio (DPR) is 15.38%.

In other news, insider Walter G. Vahey sold 25,012 shares of Teradyne stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $63.62, for a total value of $1,591,263.44. Following the completion of the transaction, the insider now directly owns 52,754 shares of the company’s stock, valued at approximately $3,356,209.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider King Wallace 362,138 shares of the firm’s stock in a transaction dated Tuesday, November 26th. Insiders sold a total of 46,234 shares of company stock valued at $2,922,166 over the last quarter. Company insiders own 0.49% of the company’s stock.

A number of equities research analysts have weighed in on TER shares. Cowen raised their price objective on Teradyne from $60.00 to $64.00 and gave the company a “market perform” rating in a research note on Thursday, October 24th. Zacks Investment Research upgraded Teradyne from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research note on Saturday, September 7th. Credit Suisse Group increased their target price on Teradyne from $55.00 to $62.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. DA Davidson raised their price target on shares of Teradyne to $60.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. They noted that the move was a valuation call. Finally, Citigroup lifted their price target on shares of Teradyne from $66.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Teradyne presently has a consensus rating of “Hold” and a consensus price target of $58.22.

Teradyne Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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