U.S. Capital Wealth Advisors LLC Makes New $3.72 Million Investment in Teradyne, Inc. (NASDAQ:TER)

U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Teradyne, Inc. (NASDAQ:TER) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 29,556 shares of the company’s stock, valued at approximately $3,722,000.

A number of other large investors also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new stake in Teradyne in the 3rd quarter worth $29,000. Quarry LP increased its holdings in shares of Teradyne by 256.1% in the second quarter. Quarry LP now owns 235 shares of the company’s stock worth $35,000 after purchasing an additional 169 shares during the last quarter. Coastline Trust Co purchased a new stake in shares of Teradyne in the third quarter worth about $46,000. Brooklyn Investment Group bought a new position in Teradyne during the third quarter valued at approximately $52,000. Finally, Eastern Bank purchased a new position in Teradyne during the 3rd quarter valued at approximately $67,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Activity

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the sale, the chief executive officer now owns 74,660 shares of the company’s stock, valued at $9,705,800. This represents a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sanjay Mehta sold 1,789 shares of Teradyne stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total transaction of $215,592.39. Following the completion of the transaction, the chief financial officer now directly owns 33,308 shares in the company, valued at $4,013,947.08. This represents a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,434 shares of company stock worth $785,137. 0.18% of the stock is currently owned by company insiders.

Teradyne Stock Up 0.6 %

TER opened at $115.79 on Monday. The stock’s fifty day moving average is $125.37 and its two-hundred day moving average is $124.88. The company has a market capitalization of $18.86 billion, a P/E ratio of 34.77, a PEG ratio of 2.67 and a beta of 1.45. Teradyne, Inc. has a 52 week low of $92.29 and a 52 week high of $163.21.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. Equities analysts anticipate that Teradyne, Inc. will post 4.02 earnings per share for the current year.

Teradyne announced that its Board of Directors has authorized a share buyback program on Monday, November 11th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 0.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 0.41%. Teradyne’s dividend payout ratio (DPR) is presently 14.41%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on TER shares. Craig Hallum cut their target price on shares of Teradyne from $124.00 to $111.00 and set a “hold” rating for the company in a report on Friday, October 25th. Stifel Nicolaus reduced their target price on shares of Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a report on Friday, October 25th. Evercore ISI lifted their price target on Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. Susquehanna upped their price objective on Teradyne from $145.00 to $165.00 and gave the company a “positive” rating in a research report on Wednesday, January 22nd. Finally, UBS Group dropped their target price on Teradyne from $160.00 to $155.00 and set a “buy” rating for the company in a report on Friday. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $143.77.

About Teradyne

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.