Teradyne, Inc. (NASDAQ:TER) Shares Bought by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. increased its position in Teradyne, Inc. (NASDAQ:TER) by 120.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 71,962 shares of the company’s stock after acquiring an additional 39,280 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Teradyne were worth $7,809,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TER. FMR LLC boosted its stake in Teradyne by 3.9% in the 3rd quarter. FMR LLC now owns 11,533,715 shares of the company’s stock worth $1,158,677,000 after buying an additional 437,054 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Teradyne by 2.5% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,432,153 shares of the company’s stock valued at $445,254,000 after purchasing an additional 106,848 shares during the period. Van ECK Associates Corp increased its position in Teradyne by 26.9% during the fourth quarter. Van ECK Associates Corp now owns 4,361,091 shares of the company’s stock worth $473,265,000 after purchasing an additional 923,612 shares during the last quarter. Nordea Investment Management AB raised its stake in Teradyne by 4.6% during the third quarter. Nordea Investment Management AB now owns 3,177,256 shares of the company’s stock worth $321,062,000 after purchasing an additional 140,579 shares during the period. Finally, Invesco Ltd. raised its stake in Teradyne by 24.4% during the third quarter. Invesco Ltd. now owns 2,427,501 shares of the company’s stock worth $243,867,000 after purchasing an additional 476,763 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Price Performance

Teradyne stock traded up $3.05 during midday trading on Friday, hitting $120.44. 2,694,180 shares of the stock were exchanged, compared to its average volume of 2,462,491. Teradyne, Inc. has a 1 year low of $81.07 and a 1 year high of $121.86. The firm has a market cap of $18.42 billion, a P/E ratio of 45.79 and a beta of 1.50. The company has a 50 day moving average price of $107.25 and a two-hundred day moving average price of $101.19.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, April 24th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.18. The business had revenue of $599.82 million for the quarter, compared to analyst estimates of $566.31 million. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.55 earnings per share. As a group, analysts predict that Teradyne, Inc. will post 2.99 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TER. Robert W. Baird upped their price objective on Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Susquehanna lifted their price objective on Teradyne from $125.00 to $130.00 and gave the company a “positive” rating in a research note on Friday, April 26th. The Goldman Sachs Group increased their target price on shares of Teradyne from $107.00 to $118.00 and gave the stock a “neutral” rating in a research report on Friday, April 26th. JPMorgan Chase & Co. lifted their price target on shares of Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $110.00 price objective on shares of Teradyne in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $117.83.

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.