APG Asset Management N.V. Has $11.61 Million Stock Position in Teradyne, Inc. (NASDAQ:TER)

APG Asset Management N.V. increased its stake in Teradyne, Inc. (NASDAQ:TER) by 816.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,481 shares of the company’s stock after buying an additional 85,065 shares during the quarter. APG Asset Management N.V. owned approximately 0.06% of Teradyne worth $11,611,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TER. Compass Financial Services Inc bought a new position in Teradyne during the fourth quarter worth about $33,000. AllSquare Wealth Management LLC boosted its stake in shares of Teradyne by 200.0% during the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company’s stock worth $38,000 after acquiring an additional 200 shares during the period. Manchester Capital Management LLC increased its holdings in shares of Teradyne by 264.0% during the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock worth $39,000 after acquiring an additional 227 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in shares of Teradyne during the 4th quarter worth approximately $45,000. Finally, Atala Financial Inc acquired a new stake in Teradyne during the 4th quarter valued at $47,000. 99.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on TER. Robert W. Baird decreased their price objective on shares of Teradyne from $140.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, March 13th. Morgan Stanley lowered their price target on shares of Teradyne from $112.00 to $81.00 and set an “underweight” rating on the stock in a report on Friday, March 14th. KeyCorp reduced their price objective on Teradyne from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday, March 12th. Northland Securities lowered their target price on Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. Finally, Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Insider Buying and Selling

In other news, CFO Sanjay Mehta sold 1,384 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total value of $154,302.16. Following the completion of the transaction, the chief financial officer now owns 36,576 shares of the company’s stock, valued at $4,077,858.24. This represents a 3.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Ryan Driscoll sold 437 shares of the firm’s stock in a transaction that occurred 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 transaction, the vice president now owns 4,312 shares of the company’s stock, valued at approximately $439,824. This trade represents a 9.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,399 shares of company stock worth $612,734 in the last three months. 0.36% of the stock is owned by corporate insiders.

Teradyne Price Performance

Shares of TER opened at $72.29 on Friday. The firm has a 50 day simple moving average of $97.09 and a two-hundred day simple moving average of $113.37. Teradyne, Inc. has a one year low of $65.77 and a one year high of $163.21. The company has a market cap of $11.63 billion, a P/E ratio of 21.71, a P/E/G ratio of 2.83 and a beta of 1.65.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. On average, analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.66%. The ex-dividend date was Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is presently 14.41%.

Teradyne Company 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.