LifePlan Financial LLC Lowers Holdings in Teradyne, Inc. $TER

LifePlan Financial LLC reduced its stake in shares of Teradyne, Inc. (NASDAQ:TERFree Report) by 37.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,234 shares of the company’s stock after selling 3,125 shares during the quarter. LifePlan Financial LLC’s holdings in Teradyne were worth $1,013,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Integrated Wealth Concepts LLC grew its holdings in Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after acquiring an additional 468 shares during the period. Caxton Associates LLP acquired a new position in Teradyne in the first quarter valued at approximately $297,000. Schroder Investment Management Group boosted its position in Teradyne by 5.0% in the 2nd quarter. Schroder Investment Management Group now owns 18,514 shares of the company’s stock worth $1,665,000 after purchasing an additional 886 shares in the last quarter. New York State Common Retirement Fund boosted its position in Teradyne by 2.8% in the 2nd quarter. New York State Common Retirement Fund now owns 92,235 shares of the company’s stock worth $8,294,000 after purchasing an additional 2,500 shares in the last quarter. Finally, M&T Bank Corp grew its stake in shares of Teradyne by 2.9% during the 2nd quarter. M&T Bank Corp now owns 7,569 shares of the company’s stock worth $680,000 after purchasing an additional 214 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Price Performance

Shares of NASDAQ:TER opened at $309.61 on Friday. The business’s 50 day moving average price is $297.79 and its 200-day moving average price is $219.10. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $344.92. The firm has a market capitalization of $48.47 billion, a price-to-earnings ratio of 88.97, a price-to-earnings-growth ratio of 1.92 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, topping the consensus estimate of $1.36 by $0.44. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm’s revenue was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 EPS. On average, sell-side analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 13th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, February 13th. Teradyne’s dividend payout ratio is 14.94%.

Analyst Ratings Changes

Several research firms have recently weighed in on TER. Royal Bank Of Canada set a $270.00 target price on shares of Teradyne in a report on Monday, February 2nd. Vertical Research cut shares of Teradyne from a “buy” rating to a “hold” rating and set a $220.00 price objective for the company. in a report on Friday, January 9th. Bank of America upped their price objective on shares of Teradyne from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Wall Street Zen raised shares of Teradyne from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Citigroup raised their target price on Teradyne from $215.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $275.53.

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About Teradyne

(Free Report)

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.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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