Quantbot Technologies LP Boosts Holdings in Teradyne, Inc. (NASDAQ:TER)

Quantbot Technologies LP boosted its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 519.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 8,968 shares of the company's stock after acquiring an additional 7,521 shares during the period. Quantbot Technologies LP's holdings in Teradyne were worth $1,129,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Compass Financial Services Inc purchased a new position in Teradyne in the fourth quarter worth approximately $33,000. AllSquare Wealth Management LLC lifted its stake in Teradyne by 200.0% during the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock worth $38,000 after purchasing an additional 200 shares in the last quarter. Manchester Capital Management LLC lifted its stake in Teradyne by 264.0% during the fourth quarter. Manchester Capital Management LLC now owns 313 shares of the company's stock worth $39,000 after purchasing an additional 227 shares in the last quarter. Atala Financial Inc acquired a new stake in shares of Teradyne in the fourth quarter valued at $47,000. Finally, Brooklyn Investment Group purchased a new stake in shares of Teradyne in the 3rd quarter valued at $52,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Teradyne Stock Down 3.4 %

Shares of Teradyne stock traded down $2.90 during trading on Friday, reaching $82.78. The company's stock had a trading volume of 2,363,794 shares, compared to its average volume of 2,392,806. The business has a 50 day moving average price of $107.90 and a 200-day moving average price of $117.43. Teradyne, Inc. has a 12-month low of $82.47 and a 12-month high of $163.21. The company has a market capitalization of $13.39 billion, a P/E ratio of 24.86, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46.

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Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings data 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 net margin of 19.23% and a return on equity of 19.08%. Research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 0.58%. Teradyne's dividend payout ratio is presently 14.41%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TER. UBS Group set a $130.00 price target on shares of Teradyne and gave the stock a "buy" rating in a research note on Wednesday, March 12th. Stifel Nicolaus reduced their target price on shares of Teradyne from $125.00 to $110.00 and set a "hold" rating on the stock in a report on Wednesday, March 12th. Bank of America dropped their price target on shares of Teradyne from $100.00 to $85.00 and set an "underperform" rating for the company in a research note on Wednesday, March 12th. Susquehanna cut their price target on Teradyne from $165.00 to $155.00 and set a "positive" rating on the stock in a report on Wednesday, March 12th. Finally, Robert W. Baird reduced their target price on shares of Teradyne from $140.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday, March 13th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.44.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the firm's stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares of the company's stock, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Richard John Burns sold 445 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $111.49, for a total value of $49,613.05. Following the sale, the insider now directly owns 25,191 shares in the company, valued at approximately $2,808,544.59. The trade was a 1.74 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,479 shares of company stock worth $1,013,134. 0.18% of the stock is owned by corporate 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.