Schroder Investment Management Group Has $2.29 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Schroder Investment Management Group lessened its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 18.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 18,037 shares of the company's stock after selling 4,026 shares during the period. Schroder Investment Management Group's holdings in Teradyne were worth $2,285,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Public Sector Pension Investment Board increased its stake in shares of Teradyne by 24.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 8,052 shares of the company's stock valued at $1,078,000 after acquiring an additional 1,600 shares during the last quarter. Centiva Capital LP grew its holdings in Teradyne by 30.2% during the third quarter. Centiva Capital LP now owns 1,767 shares of the company's stock valued at $237,000 after purchasing an additional 410 shares during the period. IHT Wealth Management LLC bought a new stake in Teradyne in the third quarter valued at approximately $277,000. Royal London Asset Management Ltd. raised its holdings in Teradyne by 4.1% in the third quarter. Royal London Asset Management Ltd. now owns 69,187 shares of the company's stock worth $9,266,000 after purchasing an additional 2,702 shares during the period. Finally, Quarry LP boosted its position in shares of Teradyne by 91.9% during the third quarter. Quarry LP now owns 451 shares of the company's stock worth $60,000 after purchasing an additional 216 shares in the last quarter. Institutional investors own 99.77% of the company's stock.

Insider Activity

In other Teradyne news, insider Richard John Burns sold 445 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $49,613.05. Following the completion of the sale, the insider now owns 25,191 shares of the company's stock, valued at $2,808,544.59. This trade represents a 1.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sanjay Mehta sold 1,789 shares of the company's stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $215,592.39. Following the completion of the transaction, the chief financial officer now owns 33,308 shares in the company, valued at approximately $4,013,947.08. This represents a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,399 shares of company stock valued at $612,734 in the last quarter. Company insiders own 0.36% of the company's stock.

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Wall Street Analysts Forecast Growth

Several analysts recently commented on TER shares. UBS Group set a $130.00 price objective on Teradyne and gave the stock a "buy" rating in a research note on Wednesday, March 12th. Bank of America dropped their price target on Teradyne from $100.00 to $85.00 and set an "underperform" rating on the stock in a research report on Wednesday, March 12th. Northland Capmk upgraded Teradyne from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Stifel Nicolaus dropped 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. Finally, Morgan Stanley reduced their price target 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 research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Teradyne presently has an average rating of "Moderate Buy" and a consensus price target of $121.44.

Teradyne Trading Up 1.9 %

Shares of NASDAQ TER traded up $1.36 during mid-day trading on Friday, hitting $73.65. The company had a trading volume of 3,689,926 shares, compared to its average volume of 2,531,049. The firm has a 50-day simple moving average of $96.33 and a two-hundred day simple moving average of $112.97. The company has a market capitalization of $11.85 billion, a PE ratio of 22.12, a price-to-earnings-growth ratio of 2.83 and a beta of 1.65. Teradyne, Inc. has a one year low of $65.77 and a one year high of $163.21.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share 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%. Sell-side analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

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

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.