Teradyne, Inc. (NASDAQ:TER) Position Boosted by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co boosted its holdings in Teradyne, Inc. (NASDAQ:TER) by 19.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,511 shares of the company’s stock after acquiring an additional 2,644 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Teradyne were worth $2,079,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Compass Financial Services Inc bought a new stake in shares of Teradyne during the fourth quarter valued at about $33,000. AllSquare Wealth Management LLC increased its stake in Teradyne by 200.0% during the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company’s stock valued at $38,000 after buying an additional 200 shares during the period. Manchester Capital Management LLC raised its position 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 buying an additional 227 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Teradyne in the 4th quarter worth approximately $45,000. Finally, Atala Financial Inc bought a new position in shares of Teradyne in the fourth quarter valued at approximately $47,000. Institutional investors own 99.77% of the company’s stock.

Teradyne Stock Performance

NASDAQ TER opened at $82.78 on Friday. The firm’s 50 day moving average price is $107.90 and its two-hundred day moving average price is $117.43. Teradyne, Inc. has a twelve month low of $82.47 and a twelve month high of $163.21. The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 2.83 and a beta of 1.46.

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

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is 14.41%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Vertical Research began coverage on Teradyne in a report on Friday, March 7th. They set a “buy” rating and a $135.00 target price on the stock. JPMorgan Chase & Co. cut their price objective on Teradyne from $145.00 to $120.00 and set an “overweight” rating for the company in a report on Wednesday, March 12th. TD Cowen lowered their target price on Teradyne from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Northland Securities cut their price target on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Finally, KeyCorp reduced their price objective on shares of Teradyne from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $121.44.

Insider Buying and Selling

In other news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction dated Friday, January 3rd. The stock was 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 directly owns 74,660 shares in the company, valued at $9,705,800. The trade was a 3.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sanjay Mehta sold 1,789 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $215,592.39. Following the completion of the transaction, the chief financial officer now owns 33,308 shares in the company, valued at $4,013,947.08. This represents a 5.10 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,479 shares of company stock worth $1,013,134. 0.18% of the stock is owned by company insiders.

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.