Teradyne, Inc. (NASDAQ:TER) Shares Purchased by Sora Investors LLC

Sora Investors LLC boosted its holdings in Teradyne, Inc. (NASDAQ:TER) by 276.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 150,714 shares of the company’s stock after acquiring an additional 110,714 shares during the period. Teradyne accounts for about 2.1% of Sora Investors LLC’s investment portfolio, making the stock its 17th largest position. Sora Investors LLC owned about 0.09% of Teradyne worth $18,978,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Teradyne by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 20,405,899 shares of the company’s stock worth $2,569,511,000 after purchasing an additional 92,428 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Teradyne by 59.9% during the 4th quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock worth $620,552,000 after purchasing an additional 1,846,079 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Teradyne by 28.3% during the 4th quarter. Ameriprise Financial Inc. now owns 4,828,689 shares of the company’s stock worth $608,025,000 after purchasing an additional 1,065,474 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Teradyne by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 4,105,505 shares of the company’s stock worth $515,665,000 after purchasing an additional 94,374 shares during the last quarter. Finally, Aspex Management HK Ltd boosted its stake in shares of Teradyne by 35.5% during the 4th quarter. Aspex Management HK Ltd now owns 3,234,842 shares of the company’s stock worth $407,331,000 after purchasing an additional 847,409 shares during the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TER has been the topic of several analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Teradyne from $120.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Robert W. Baird decreased their price target on shares of Teradyne from $140.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, March 13th. UBS Group set a $130.00 price target on shares of Teradyne and gave the stock a “buy” rating in a research note on Wednesday, March 12th. Northland Securities decreased their price target on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. Finally, KeyCorp reissued a “sector weight” rating on shares of Teradyne in a research report on Thursday, April 17th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.56.

Teradyne Stock Down 1.5%

Shares of TER stock opened at $82.99 on Friday. The stock has a market cap of $13.31 billion, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 2.83 and a beta of 1.70. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $163.21. The firm’s 50 day moving average price is $79.06 and its two-hundred day moving average price is $104.56.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Monday, April 28th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.14. The firm had revenue of $685.70 million for the quarter, compared to analysts’ expectations of $680.54 million. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. Teradyne’s revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.51 earnings per share. On average, equities analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 0.58%. Teradyne’s dividend payout ratio (DPR) is 13.56%.

Teradyne declared that its Board of Directors has authorized a share repurchase plan on Monday, April 28th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 8.1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.