GSA Capital Partners LLP decreased its position in Teradyne, Inc. (NYSE:TER) by 84.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,286 shares of the semiconductor company’s stock after selling 102,875 shares during the quarter. GSA Capital Partners LLP’s holdings in Teradyne were worth $682,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in TER. WFG Advisors LP boosted its holdings in Teradyne by 21.9% in the second quarter. WFG Advisors LP now owns 3,900 shares of the semiconductor company’s stock worth $117,000 after purchasing an additional 700 shares during the period. Bronfman E.L. Rothschild L.P. lifted its stake in Teradyne by 2,678.1% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,195 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 4,044 shares during the last quarter. Krilogy Financial LLC bought a new stake in Teradyne in the third quarter valued at $179,000. Fiduciary Trust Co. bought a new stake in Teradyne in the second quarter valued at $147,000. Finally, Zweig DiMenna Associates LLC bought a new stake in Teradyne in the third quarter valued at $201,000. 96.45% of the stock is owned by institutional investors and hedge funds.
In other news, Director Michael A. Bradley sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $43.67, for a total transaction of $873,400.00. Following the sale, the director now directly owns 133,504 shares in the company, valued at $5,830,119.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael A. Bradley sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $42.80, for a total value of $428,000.00. Following the sale, the director now owns 145,836 shares in the company, valued at $6,241,780.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,206 shares of company stock valued at $6,066,881. Corporate insiders own 0.62% of the company’s stock.
A number of equities research analysts have issued reports on TER shares. KeyCorp reiterated an “outperform” rating and issued a $40.00 target price on shares of Teradyne in a research note on Saturday, September 16th. Zacks Investment Research cut shares of Teradyne from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Susquehanna Bancshares restated a “neutral” rating and set a $41.00 price objective (up from $32.00) on shares of Teradyne in a research note on Monday, September 18th. Citigroup reaffirmed a “buy” rating and set a $43.00 target price on shares of Teradyne in a report on Tuesday, September 19th. Finally, Robert W. Baird reaffirmed a “positive” rating and set a $48.00 target price (up from $37.00) on shares of Teradyne in a report on Friday, October 27th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $42.55.
Shares of Teradyne, Inc. (NYSE TER) opened at $44.60 on Friday. The stock has a market capitalization of $8,750.00, a PE ratio of 20.84, a PEG ratio of 1.61 and a beta of 1.01. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.67 and a current ratio of 4.96. Teradyne, Inc. has a 1-year low of $25.72 and a 1-year high of $46.48.
Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.11. The business had revenue of $503.40 million during the quarter, compared to analyst estimates of $472.86 million. Teradyne had a return on equity of 22.39% and a net margin of 21.11%. The firm’s revenue was up 22.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 EPS. sell-side analysts anticipate that Teradyne, Inc. will post 2.22 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Wednesday, November 29th were issued a $0.07 dividend. The ex-dividend date was Tuesday, November 28th. This represents a $0.28 annualized dividend and a yield of 0.63%. Teradyne’s dividend payout ratio (DPR) is currently 13.08%.
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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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