Dixon Hubard Feinour & Brown Inc. VA bought a new stake in shares of Teradyne, Inc. (NYSE:TER) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 133,401 shares of the semiconductor company’s stock, valued at approximately $4,975,000. Teradyne makes up 1.4% of Dixon Hubard Feinour & Brown Inc. VA’s portfolio, making the stock its 27th biggest position. Dixon Hubard Feinour & Brown Inc. VA owned about 0.07% of Teradyne as of its most recent filing with the SEC.
Several other large investors have also bought and sold shares of TER. WFG Advisors LP lifted its holdings in shares of Teradyne by 21.9% during the 2nd quarter. WFG Advisors LP now owns 3,900 shares of the semiconductor company’s stock valued at $117,000 after acquiring an additional 700 shares in the last quarter. Paradigm Asset Management Co. LLC lifted its holdings in shares of Teradyne by 193.3% during the 2nd quarter. Paradigm Asset Management Co. LLC now owns 4,400 shares of the semiconductor company’s stock valued at $132,000 after acquiring an additional 2,900 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Teradyne by 4.6% during the 2nd quarter. IFP Advisors Inc now owns 4,806 shares of the semiconductor company’s stock valued at $144,000 after acquiring an additional 211 shares in the last quarter. Fiduciary Trust Co. acquired a new position in shares of Teradyne during the 2nd quarter valued at $147,000. Finally, TLP Group LLC acquired a new position in shares of Teradyne during the 2nd quarter valued at $201,000. Institutional investors and hedge funds own 96.72% of the company’s stock.
Shares of Teradyne, Inc. (NYSE:TER) opened at $40.30 on Friday. The stock has a market cap of $7,910.00, a PE ratio of 18.03, a PEG ratio of 1.49 and a beta of 1.01. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.96 and a quick ratio of 4.67. Teradyne, Inc. has a 12 month low of $25.24 and a 12 month high of $44.63.
Teradyne (NYSE:TER) last issued its earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.11. The business had revenue of $503.40 million for the quarter, compared to analyst estimates of $472.86 million. Teradyne had a net margin of 21.11% and a return on equity of 22.39%. The company’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.31 EPS. sell-side analysts forecast that Teradyne, Inc. will post 2.22 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, November 29th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.69%. Teradyne’s dividend payout ratio (DPR) is presently 13.08%.
In related news, Director Michael A. Bradley sold 15,248 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $35.86, for a total transaction of $546,793.28. Following the completion of the sale, the director now owns 172,322 shares of the company’s stock, valued at approximately $6,179,466.92. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael A. Bradley sold 17,390 shares of the business’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $36.30, for a total transaction of $631,257.00. Following the sale, the director now directly owns 154,132 shares of the company’s stock, valued at approximately $5,594,991.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 172,844 shares of company stock worth $7,244,931. Company insiders own 0.62% of the company’s stock.
A number of brokerages have commented on TER. Zacks Investment Research upgraded shares of Teradyne from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Friday, September 8th. Susquehanna Bancshares reiterated a “neutral” rating and issued a $41.00 price objective (up previously from $32.00) on shares of Teradyne in a report on Monday, September 18th. BidaskClub upgraded shares of Teradyne from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Robert W. Baird reiterated a “positive” rating and issued a $48.00 price objective (up previously from $37.00) on shares of Teradyne in a report on Friday, October 27th. Finally, KeyCorp reiterated an “outperform” rating and issued a $40.00 price objective on shares of Teradyne in a report on Saturday, September 16th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Teradyne has a consensus rating of “Buy” and a consensus price target of $41.25.
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Teradyne Company Profile
Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.
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