33,219 Shares in Teradyne, Inc. (NASDAQ:TER) Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 33,219 shares of the company's stock, valued at approximately $4,152,000.

Several other hedge funds and other institutional investors have also bought and sold shares of TER. Compass Financial Services Inc acquired a new position in Teradyne in the 4th quarter valued at $33,000. Manchester Capital Management LLC raised its stake in Teradyne by 264.0% in the fourth quarter. Manchester Capital Management LLC now owns 313 shares of the company's stock valued at $39,000 after purchasing an additional 227 shares in the last quarter. Atala Financial Inc bought a new stake in Teradyne during the fourth quarter worth about $47,000. Brooklyn Investment Group acquired a new stake in Teradyne during the third quarter worth about $52,000. Finally, Quarry LP increased its holdings in Teradyne by 91.9% in the 3rd quarter. Quarry LP now owns 451 shares of the company's stock valued at $60,000 after buying an additional 216 shares during the period. Institutional investors and hedge funds own 99.77% of the company's stock.

Teradyne Stock Down 0.8 %

NASDAQ:TER traded down $0.67 during trading hours on Friday, reaching $87.51. The company had a trading volume of 5,930,137 shares, compared to its average volume of 2,294,772. Teradyne, Inc. has a twelve month low of $82.98 and a twelve month high of $163.21. The firm has a market cap of $14.15 billion, a price-to-earnings ratio of 26.28, a P/E/G ratio of 2.83 and a beta of 1.46. The business's 50-day simple moving average is $112.72 and its two-hundred day simple moving average is $118.73.

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Teradyne (NASDAQ:TER - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $0.95 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%. As a group, equities analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne's dividend payout ratio is currently 14.41%.

Analyst Ratings Changes

Several research firms have weighed in on TER. Vertical Research assumed coverage on Teradyne in a research note on Friday, March 7th. They set a "buy" rating and a $135.00 target price for the company. Northland Securities dropped their price objective on Teradyne from $154.00 to $140.00 and set an "outperform" rating for the company in a research report on Friday, January 31st. Stifel Nicolaus reduced their price objective on Teradyne from $125.00 to $110.00 and set a "hold" rating on the stock in a research note on Wednesday, March 12th. Citigroup lowered their target price on Teradyne from $130.00 to $100.00 and set a "buy" rating for the company in a research note on Wednesday, March 12th. Finally, Morgan Stanley dropped their target price on shares of Teradyne from $112.00 to $81.00 and set an "underweight" rating for the company in a report on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $121.44.

Insider Buying and Selling

In other news, VP Ryan Driscoll sold 437 shares of the firm's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $44,574.00. Following the transaction, the vice president now owns 4,312 shares in the company, valued at $439,824. This trade represents a 9.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sanjay Mehta sold 614 shares of the company's stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $62,628.00. Following the sale, the chief financial officer now owns 30,446 shares of the company's stock, valued at $3,105,492. This trade represents a 1.98 % decrease in their position. 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 in the last ninety days. Corporate insiders own 0.36% of the company's stock.

About Teradyne

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.