Teradyne, Inc. (NYSE:TER) Shares Purchased by Man Group plc

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Man Group plc raised its stake in Teradyne, Inc. (NYSE:TER) by 99.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 233,722 shares of the semiconductor company’s stock after buying an additional 116,745 shares during the period. Man Group plc’s holdings in Teradyne were worth $13,535,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of TER. Pegasus Partners Ltd. boosted its holdings in shares of Teradyne by 106.2% in the third quarter. Pegasus Partners Ltd. now owns 17,042 shares of the semiconductor company’s stock worth $987,000 after buying an additional 8,778 shares during the period. Point72 Asset Management L.P. lifted its position in shares of Teradyne by 16,411.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 313,710 shares of the semiconductor company’s stock valued at $18,167,000 after acquiring an additional 311,810 shares in the last quarter. Quantamental Technologies LLC lifted its position in shares of Teradyne by 164.3% in the 2nd quarter. Quantamental Technologies LLC now owns 24,093 shares of the semiconductor company’s stock valued at $1,154,000 after acquiring an additional 14,977 shares in the last quarter. NEXT Financial Group Inc boosted its stake in Teradyne by 117.4% in the 2nd quarter. NEXT Financial Group Inc now owns 3,261 shares of the semiconductor company’s stock worth $156,000 after purchasing an additional 1,761 shares during the period. Finally, Managed Asset Portfolios LLC boosted its stake in Teradyne by 3.4% in the 3rd quarter. Managed Asset Portfolios LLC now owns 184,806 shares of the semiconductor company’s stock worth $10,702,000 after purchasing an additional 6,031 shares during the period.

TER stock opened at $61.64 on Wednesday. Teradyne, Inc. has a 12-month low of $28.73 and a 12-month high of $67.20. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 2.02 and a beta of 1.25. The company has a 50 day moving average of $62.79 and a two-hundred day moving average of $53.90.

Teradyne (NYSE:TER) last issued its earnings results on Tuesday, October 22nd. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The company had revenue of $582.04 million during the quarter, compared to analyst estimates of $565.43 million. During the same quarter last year, the business posted $0.71 EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, research analysts anticipate that Teradyne, Inc. will post 2.25 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Wednesday, November 27th will be given a dividend of $0.09 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.36 dividend on an annualized basis and a yield of 0.58%. Teradyne’s payout ratio is 15.38%.

Several equities analysts have weighed in on the stock. Cowen lifted their price objective on shares of Teradyne from $60.00 to $64.00 and gave the stock a “market perform” rating in a research report on Thursday, October 24th. UBS Group raised their target price on Teradyne from $47.00 to $63.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Zacks Investment Research raised Teradyne from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research report on Saturday, September 7th. DA Davidson lifted their price target on Teradyne to $60.00 and gave the company a “neutral” rating in a report on Friday, October 25th. They noted that the move was a valuation call. Finally, Credit Suisse Group upped their price target on Teradyne from $55.00 to $62.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Teradyne presently has an average rating of “Hold” and a consensus target price of $58.22.

In related news, Director Michael A. Bradley sold 7,074 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $64.30, for a total transaction of $454,858.20. Following the transaction, the director now owns 40,520 shares of the company’s stock, valued at $2,605,436. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider King Wallace 362,138 shares of Teradyne stock in a transaction dated Tuesday, November 26th. In the last three months, insiders have sold 46,234 shares of company stock valued at $2,922,166. Insiders own 0.49% of the company’s stock.

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.

See Also: Initial Coin Offering (ICO)

Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NYSE:TER).

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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