UniSuper Management Pty Ltd Purchases 5,795 Shares of Teradyne, Inc. (NASDAQ:TER)

UniSuper Management Pty Ltd boosted its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 16.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,406 shares of the company's stock after purchasing an additional 5,795 shares during the period. UniSuper Management Pty Ltd's holdings in Teradyne were worth $5,088,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Compass Financial Services Inc bought a new stake in shares of Teradyne during the 4th quarter valued at about $33,000. AllSquare Wealth Management LLC lifted its holdings in Teradyne by 200.0% in the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock worth $38,000 after buying an additional 200 shares during the period. Manchester Capital Management LLC boosted its position in Teradyne by 264.0% during the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company's stock valued at $39,000 after acquiring an additional 227 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Teradyne during the 4th quarter worth approximately $45,000. Finally, Atala Financial Inc bought a new position in shares of Teradyne in the 4th quarter worth approximately $47,000. Institutional investors own 99.77% of the company's stock.

Teradyne Stock Down 1.2 %

TER traded down $0.99 during midday trading on Tuesday, hitting $81.61. 1,639,526 shares of the company traded hands, compared to its average volume of 2,392,226. The company's 50-day moving average is $106.79 and its 200 day moving average is $117.01. The firm has a market capitalization of $13.20 billion, a PE ratio of 24.48, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a 52 week low of $79.60 and a 52 week high of $163.21.

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

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Friday, February 14th. Teradyne's dividend payout ratio (DPR) is presently 14.41%.

Wall Street Analyst Weigh In

TER has been the topic of several recent research reports. Northland Capmk raised Teradyne from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. TD Cowen reduced their target price on shares of Teradyne from $135.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, March 12th. Vertical Research started coverage on shares of Teradyne in a research note on Friday, March 7th. They issued a "buy" rating and a $135.00 price target for the company. Stifel Nicolaus cut their price objective 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 decreased their target price on shares of Teradyne from $112.00 to $81.00 and set an "underweight" rating for the company in a research note on Friday, March 14th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Teradyne presently has an average rating of "Moderate Buy" and a consensus target price of $121.44.

Insider Buying and Selling at Teradyne

In other news, VP Ryan Driscoll sold 437 shares of the business's stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $102.00, for a total transaction of $44,574.00. Following the completion of the sale, the vice president now owns 4,312 shares of the company's stock, valued at $439,824. The trade was a 9.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 value of $400,400.00. Following the completion of the transaction, the chief executive officer now directly owns 74,660 shares in the company, valued at approximately $9,705,800. This represents a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,479 shares of company stock valued at $1,013,134. 0.36% of the stock is owned by company insiders.

Teradyne 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.