Healthcare of Ontario Pension Plan Trust Fund Has $683,000 Holdings in Teradyne, Inc. (NASDAQ:TER)

Healthcare of Ontario Pension Plan Trust Fund reduced its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 93.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,052 shares of the company's stock after selling 93,948 shares during the period. Healthcare of Ontario Pension Plan Trust Fund's holdings in Teradyne were worth $683,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. HB Wealth Management LLC increased its position in Teradyne by 13.7% during the fourth quarter. HB Wealth Management LLC now owns 2,441 shares of the company's stock worth $265,000 after buying an additional 294 shares in the last quarter. Raymond James & Associates increased its position in Teradyne by 3.8% during the fourth quarter. Raymond James & Associates now owns 448,581 shares of the company's stock worth $48,680,000 after buying an additional 16,595 shares in the last quarter. CVA Family Office LLC purchased a new position in Teradyne during the fourth quarter worth $33,000. Raymond James Financial Services Advisors Inc. increased its position in Teradyne by 6.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 9,330 shares of the company's stock worth $1,013,000 after buying an additional 577 shares in the last quarter. Finally, Caprock Group LLC purchased a new position in Teradyne during the fourth quarter worth $211,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on TER. Stifel Nicolaus raised their price target on Teradyne from $100.00 to $150.00 and gave the stock a "hold" rating in a research report on Tuesday, July 16th. The Goldman Sachs Group raised their price objective on Teradyne from $118.00 to $161.00 and gave the stock a "buy" rating in a report on Tuesday, May 28th. Cantor Fitzgerald restated a "neutral" rating and set a $180.00 price objective on shares of Teradyne in a report on Thursday. JPMorgan Chase & Co. raised their price objective on Teradyne from $120.00 to $145.00 and gave the stock a "neutral" rating in a report on Tuesday. Finally, KeyCorp raised their price objective on Teradyne from $160.00 to $180.00 and gave the stock an "overweight" rating in a report on Friday, July 12th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $141.50.

Insider Transactions at Teradyne

In other news, CFO Sanjay Mehta sold 3,750 shares of the business's stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $120.06, for a total transaction of $450,225.00. Following the completion of the transaction, the chief financial officer now directly owns 41,902 shares in the company, valued at $5,030,754.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Teradyne news, CFO Sanjay Mehta sold 3,750 shares of the company's stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $120.06, for a total value of $450,225.00. Following the completion of the sale, the chief financial officer now directly owns 41,902 shares in the company, valued at $5,030,754.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mercedes Johnson sold 625 shares of the company's stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the completion of the sale, the director now owns 17,142 shares of the company's stock, valued at $2,077,610.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,005 shares of company stock worth $1,304,763. Company insiders own 0.36% of the company's stock.

Teradyne Trading Up 1.7 %

Teradyne stock traded up $2.12 during midday trading on Friday, hitting $126.46. The stock had a trading volume of 2,617,153 shares, compared to its average volume of 2,050,194. The stock has a market cap of $19.74 billion, a P/E ratio of 48.08, a P/E/G ratio of 2.69 and a beta of 1.50. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $163.21. The business has a fifty day moving average price of $146.94 and a 200 day moving average price of $121.10.

Teradyne (NASDAQ:TER - Get Free Report) last issued its earnings results on Wednesday, July 24th. The company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.09. Teradyne had a return on equity of 19.18% and a net margin of 18.33%. The company had revenue of $729.88 million during the quarter, compared to the consensus estimate of $701.20 million. During the same period in the previous year, the firm posted $0.79 earnings per share. Teradyne's quarterly revenue was up 6.6% compared to the same quarter last year. On average, equities analysts anticipate that Teradyne, Inc. will post 3.06 EPS for the current fiscal year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Wednesday, May 22nd were paid a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $0.48 dividend on an annualized basis and a yield of 0.38%. Teradyne's payout ratio is currently 18.25%.

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.