Hantz Financial Services Inc. Has $10.91 Million Stock Holdings in Teledyne Technologies Incorporated (NYSE:TDY)

Hantz Financial Services Inc. reduced its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,496 shares of the scientific and technical instruments company's stock after selling 500 shares during the period. Hantz Financial Services Inc. owned 0.05% of Teledyne Technologies worth $10,905,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Forsta AP Fonden increased its stake in Teledyne Technologies by 8.5% in the 4th quarter. Forsta AP Fonden now owns 8,900 shares of the scientific and technical instruments company's stock worth $4,131,000 after buying an additional 700 shares in the last quarter. Nvest Financial LLC grew its stake in Teledyne Technologies by 10.0% in the fourth quarter. Nvest Financial LLC now owns 1,425 shares of the scientific and technical instruments company's stock valued at $661,000 after purchasing an additional 129 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of Teledyne Technologies by 50.0% during the fourth quarter. Pacer Advisors Inc. now owns 5,311 shares of the scientific and technical instruments company's stock worth $2,465,000 after purchasing an additional 1,770 shares in the last quarter. KBC Group NV increased its stake in Teledyne Technologies by 9.9% during the 4th quarter. KBC Group NV now owns 11,138 shares of the scientific and technical instruments company's stock valued at $5,170,000 after purchasing an additional 1,003 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Teledyne Technologies by 12.0% during the fourth quarter. Blue Trust Inc. now owns 1,621 shares of the scientific and technical instruments company's stock worth $709,000 after purchasing an additional 174 shares during the period. Hedge funds and other institutional investors own 91.58% of the company's stock.

Teledyne Technologies Trading Down 0.1 %

NYSE:TDY traded down $0.37 on Wednesday, reaching $508.81. The stock had a trading volume of 226,306 shares, compared to its average volume of 265,378. The company has a market cap of $23.71 billion, a price-to-earnings ratio of 29.53, a P/E/G ratio of 3.24 and a beta of 1.01. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.33 and a quick ratio of 1.35. Teledyne Technologies Incorporated has a 12-month low of $355.41 and a 12-month high of $518.85. The firm's fifty day moving average is $476.25 and its two-hundred day moving average is $449.79.

Teledyne Technologies (NYSE:TDY - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The scientific and technical instruments company reported $5.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.23 by $0.29. Teledyne Technologies had a net margin of 14.45% and a return on equity of 9.94%. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the company earned $5.44 EPS. The company's revenue was up 5.4% on a year-over-year basis. Equities analysts expect that Teledyne Technologies Incorporated will post 21.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TDY. TD Cowen boosted their price objective on Teledyne Technologies from $450.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. UBS Group started coverage on shares of Teledyne Technologies in a report on Tuesday, December 10th. They issued a "buy" rating and a $585.00 price objective for the company. Bank of America upgraded Teledyne Technologies from a "neutral" rating to a "buy" rating and lifted their target price for the company from $450.00 to $550.00 in a research report on Friday, November 8th. StockNews.com raised shares of Teledyne Technologies from a "hold" rating to a "buy" rating in a research report on Wednesday, October 2nd. Finally, Needham & Company LLC boosted their price target on shares of Teledyne Technologies from $528.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, Teledyne Technologies presently has an average rating of "Buy" and an average target price of $531.00.

Insiders Place Their Bets

In other news, EVP Melanie Susan Cibik sold 2,538 shares of Teledyne Technologies stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $513.02, for a total value of $1,302,044.76. Following the transaction, the executive vice president now owns 32,100 shares of the company's stock, valued at $16,467,942. The trade was a 7.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Michael T. Smith sold 2,100 shares of Teledyne Technologies stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $510.50, for a total transaction of $1,072,050.00. Following the completion of the transaction, the director now directly owns 52,835 shares in the company, valued at approximately $26,972,267.50. This trade represents a 3.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 72,915 shares of company stock valued at $35,954,556 in the last quarter. Insiders own 2.14% of the company's stock.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.