90,259 Shares in Teradyne, Inc. (NASDAQ:TER) Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA acquired a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 90,259 shares of the company's stock, valued at approximately $11,365,000. Massachusetts Financial Services Co. MA owned 0.06% of Teradyne at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in Teradyne during the fourth quarter valued at approximately $928,000. Geode Capital Management LLC raised its holdings in shares of Teradyne by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 4,105,505 shares of the company's stock worth $515,665,000 after buying an additional 94,374 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Teradyne by 36.2% during the 4th quarter. Wellington Management Group LLP now owns 14,554 shares of the company's stock worth $1,833,000 after buying an additional 3,870 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in Teradyne by 8.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,474 shares of the company's stock valued at $1,193,000 after buying an additional 715 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in Teradyne by 4.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 3,127 shares of the company's stock valued at $429,000 after acquiring an additional 119 shares during the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

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Teradyne Stock Up 1.9 %

TER traded up $1.36 during midday trading on Friday, hitting $73.65. The company had a trading volume of 3,689,926 shares, compared to its average volume of 2,531,051. The stock's 50 day moving average price is $96.33 and its 200 day moving average price is $112.97. Teradyne, Inc. has a 52 week low of $65.77 and a 52 week high of $163.21. The company has a market capitalization of $11.85 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 2.83 and a beta of 1.65.

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 analysts' consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. Research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date was Friday, February 14th. Teradyne's dividend payout ratio is currently 14.41%.

Analyst Ratings Changes

A number of analysts have weighed in on TER shares. Northland Capmk upgraded shares of Teradyne from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Robert W. Baird lowered their price objective on Teradyne from $140.00 to $110.00 and set an "outperform" rating for the company in a research note on Thursday, March 13th. Morgan Stanley reduced their target price on shares of Teradyne from $112.00 to $81.00 and set an "underweight" rating on the stock in a report on Friday, March 14th. Bank of America decreased their price objective on Teradyne from $100.00 to $85.00 and set an "underperform" rating for the company in a report on Wednesday, March 12th. Finally, Stifel Nicolaus decreased their price target on Teradyne from $125.00 to $110.00 and set a "hold" rating for the company in a research note on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $121.44.

Insider Activity

In other news, VP Ryan Driscoll sold 437 shares of the company's stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $44,574.00. Following the completion of the sale, the vice president now owns 4,312 shares in the company, valued at $439,824. This represents a 9.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Sanjay Mehta sold 1,789 shares of the firm's stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $215,592.39. Following the transaction, the chief financial officer now directly owns 33,308 shares in the company, valued at $4,013,947.08. The trade was a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,399 shares of company stock worth $612,734 over the last three months. 0.36% of the stock is currently owned by insiders.

Teradyne Company 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.