SG Americas Securities LLC Has $658,000 Holdings in Teradyne, Inc. $TER

SG Americas Securities LLC decreased its position in Teradyne, Inc. (NASDAQ:TER) by 95.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,777 shares of the company’s stock after selling 94,723 shares during the period. SG Americas Securities LLC’s holdings in Teradyne were worth $658,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. CYBER HORNET ETFs LLC bought a new stake in Teradyne in the 2nd quarter valued at approximately $35,000. Steph & Co. acquired a new position in Teradyne during the second quarter worth $43,000. MUFG Securities EMEA plc acquired a new position in Teradyne during the second quarter worth $43,000. Bayforest Capital Ltd grew its position in Teradyne by 195.5% in the second quarter. Bayforest Capital Ltd now owns 523 shares of the company’s stock valued at $47,000 after purchasing an additional 346 shares in the last quarter. Finally, Manchester Capital Management LLC increased its stake in Teradyne by 29.4% in the 2nd quarter. Manchester Capital Management LLC now owns 586 shares of the company’s stock valued at $53,000 after buying an additional 133 shares during the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Trading Up 3.5%

TER opened at $231.89 on Thursday. The stock’s fifty day simple moving average is $197.25 and its 200 day simple moving average is $150.48. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $238.92. The stock has a market cap of $36.32 billion, a PE ratio of 84.32, a price-to-earnings-growth ratio of 1.61 and a beta of 1.84.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.78 by $0.07. The firm had revenue of $769.21 million for the quarter, compared to the consensus estimate of $744.20 million. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.90 earnings per share. Equities analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, November 24th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, November 24th. Teradyne’s payout ratio is currently 17.45%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Bank of America increased their price objective on shares of Teradyne from $235.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Northland Securities set a $186.00 target price on Teradyne in a report on Thursday, October 30th. Industrial Alliance Securities set a $175.00 price target on Teradyne in a research note on Tuesday, October 28th. Susquehanna reiterated a “positive” rating and set a $275.00 price objective on shares of Teradyne in a research note on Monday, January 12th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $240.00 price objective on shares of Teradyne in a report on Tuesday, December 16th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $200.44.

Insider Activity at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the transaction, the chief executive officer owned 93,409 shares in the company, valued at approximately $18,804,165.79. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.16% of the company’s stock.

Teradyne Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.