Teradyne, Inc. (TER) Shares Sold by Natixis Advisors L.P.

Natixis Advisors L.P. trimmed its stake in Teradyne, Inc. (NYSE:TER) by 30.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,183 shares of the semiconductor company’s stock after selling 18,487 shares during the quarter. Natixis Advisors L.P.’s holdings in Teradyne were worth $1,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund raised its position in Teradyne by 2,983.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,334,484 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 2,258,762 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in Teradyne by 15.4% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,966,313 shares of the semiconductor company’s stock valued at $61,703,000 after acquiring an additional 262,014 shares in the last quarter. Primecap Management Co. CA raised its position in Teradyne by 1.9% during the third quarter. Primecap Management Co. CA now owns 1,879,172 shares of the semiconductor company’s stock valued at $69,492,000 after acquiring an additional 34,160 shares in the last quarter. Northern Trust Corp raised its position in Teradyne by 4.9% during the fourth quarter. Northern Trust Corp now owns 1,590,989 shares of the semiconductor company’s stock valued at $49,926,000 after acquiring an additional 73,915 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Teradyne by 5.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,501,041 shares of the semiconductor company’s stock valued at $47,104,000 after acquiring an additional 84,277 shares in the last quarter.

Several brokerages recently weighed in on TER. Craig Hallum lowered shares of Teradyne from a “buy” rating to a “hold” rating in a research report on Friday, February 22nd. Credit Suisse Group reaffirmed a “hold” rating on shares of Teradyne in a research report on Friday, January 25th. ValuEngine raised shares of Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, November 26th. Zacks Investment Research raised shares of Teradyne from a “sell” rating to a “hold” rating in a research report on Tuesday, January 29th. Finally, Bank of America lowered shares of Teradyne from a “buy” rating to a “neutral” rating and set a $40.00 price objective on the stock. in a research report on Monday, November 26th. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the company. Teradyne has a consensus rating of “Hold” and an average price target of $39.04.

In other Teradyne news, insider Gregory Stephen Smith sold 11,210 shares of Teradyne stock in a transaction on Monday, February 4th. The stock was sold at an average price of $36.82, for a total transaction of $412,752.20. Following the completion of the transaction, the insider now directly owns 25,993 shares of the company’s stock, valued at $957,062.26. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Charles Jeffrey Gray sold 33,156 shares of Teradyne stock in a transaction on Thursday, January 31st. The shares were sold at an average price of $36.69, for a total value of $1,216,493.64. Following the transaction, the vice president now directly owns 35,415 shares of the company’s stock, valued at $1,299,376.35. The disclosure for this sale can be found here. In the last 90 days, insiders sold 211,079 shares of company stock worth $8,102,210. 0.49% of the stock is currently owned by corporate insiders.

Shares of TER stock opened at $39.61 on Monday. Teradyne, Inc. has a 12 month low of $28.73 and a 12 month high of $48.11. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.76 and a current ratio of 4.10. The company has a market cap of $6.88 billion, a price-to-earnings ratio of 16.93, a P/E/G ratio of 2.02 and a beta of 1.25.

Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, January 23rd. The semiconductor company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.50 by $0.13. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The company had revenue of $520.00 million for the quarter, compared to the consensus estimate of $494.17 million. During the same quarter last year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Teradyne, Inc. will post 2.25 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, February 22nd were paid a $0.09 dividend. The ex-dividend date of this dividend was Thursday, February 21st. This represents a $0.36 annualized dividend and a dividend yield of 0.91%. Teradyne’s payout ratio is 15.38%.

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About Teradyne

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

Further Reading: NASDAQ Stock Market Explained

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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