Generali Investments Management Co LLC Buys New Holdings in Teradyne, Inc. (NASDAQ:TER)

Generali Investments Management Co LLC purchased a new stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,774 shares of the company's stock, valued at approximately $475,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Harvest Fund Management Co. Ltd purchased a new stake in shares of Teradyne during the fourth quarter valued at approximately $4,152,000. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Teradyne in the fourth quarter worth $47,207,000. Nikko Asset Management Americas Inc. lifted its stake in Teradyne by 27.3% in the fourth quarter. Nikko Asset Management Americas Inc. now owns 1,635,687 shares of the company's stock worth $205,966,000 after acquiring an additional 350,623 shares during the period. Cibc World Markets Corp lifted its stake in Teradyne by 321.8% in the fourth quarter. Cibc World Markets Corp now owns 91,614 shares of the company's stock worth $11,536,000 after acquiring an additional 69,894 shares during the period. Finally, Natixis Advisors LLC lifted its stake in Teradyne by 0.8% in the fourth quarter. Natixis Advisors LLC now owns 77,314 shares of the company's stock worth $9,735,000 after acquiring an additional 581 shares during the period. 99.77% of the stock is currently owned by institutional investors.

Teradyne Stock Performance

NASDAQ:TER traded down $0.67 during mid-day trading on Friday, hitting $87.51. 5,930,137 shares of the company's stock traded hands, compared to its average volume of 2,294,772. The company has a fifty day moving average of $112.72 and a 200 day moving average of $118.73. Teradyne, Inc. has a twelve month low of $82.98 and a twelve month high of $163.21. The company has a market capitalization of $14.15 billion, a P/E ratio of 26.28, a P/E/G ratio of 2.83 and a beta of 1.46.

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

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.55%. Teradyne's dividend payout ratio (DPR) is presently 14.41%.

Insider Activity

In related news, insider Richard John Burns sold 407 shares of Teradyne stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $49,047.57. Following the completion of the transaction, the insider now directly owns 20,764 shares in the company, valued at approximately $2,502,269.64. This trade represents a 1.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the sale, the chief executive officer now directly owns 74,660 shares of the company's stock, valued at $9,705,800. This trade represents a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,479 shares of company stock worth $1,013,134 over the last quarter. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on TER shares. Stifel Nicolaus lowered their price objective on Teradyne from $125.00 to $110.00 and set a "hold" rating for the company in a research report on Wednesday, March 12th. Morgan Stanley dropped their target price on Teradyne from $112.00 to $81.00 and set an "underweight" rating on the stock in a research report on Friday, March 14th. Citigroup dropped their target price on Teradyne from $130.00 to $100.00 and set a "buy" rating on the stock in a research report on Wednesday, March 12th. Susquehanna dropped their target price on Teradyne from $165.00 to $155.00 and set a "positive" rating on the stock in a research report on Wednesday, March 12th. Finally, Northland Capmk raised Teradyne from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Two 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 given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $121.44.

Teradyne 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.