Teradyne, Inc. (NASDAQ:TER) Shares Sold by Kempner Capital Management Inc.

Kempner Capital Management Inc. trimmed its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 20.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,334 shares of the company’s stock after selling 7,849 shares during the period. Teradyne accounts for about 2.1% of Kempner Capital Management Inc.’s holdings, making the stock its 24th largest holding. Kempner Capital Management Inc.’s holdings in Teradyne were worth $4,197,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Van ECK Associates Corp grew its holdings in shares of Teradyne by 10.4% during the first quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock worth $543,278,000 after buying an additional 453,926 shares in the last quarter. Swedbank AB increased its stake in Teradyne by 198.8% during the second quarter. Swedbank AB now owns 641,614 shares of the company’s stock worth $95,145,000 after acquiring an additional 426,900 shares during the last quarter. Ossiam raised its holdings in shares of Teradyne by 13,540.0% in the 1st quarter. Ossiam now owns 419,977 shares of the company’s stock worth $47,386,000 after purchasing an additional 416,898 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in shares of Teradyne by 4,854.1% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 398,009 shares of the company’s stock worth $44,907,000 after purchasing an additional 389,975 shares during the period. Finally, Nordea Investment Management AB grew its holdings in shares of Teradyne by 14.6% during the 1st quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company’s stock worth $342,178,000 after purchasing an additional 385,115 shares during the period. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TER. Evercore ISI increased their price objective on shares of Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. KeyCorp raised their price objective on Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Friday, July 12th. Craig Hallum cut Teradyne from a “buy” rating to a “hold” rating and set a $124.00 price objective on the stock. in a research note on Friday, July 26th. Citigroup lowered their target price on Teradyne from $185.00 to $162.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Finally, Robert W. Baird boosted their price target on Teradyne from $120.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $142.57.

Insider Buying and Selling at Teradyne

In related news, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $128.77, for a total value of $80,481.25. Following the sale, the director now owns 17,143 shares of the company’s stock, valued at approximately $2,207,504.11. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CFO Sanjay Mehta sold 6,153 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the completion of the transaction, the chief financial officer now directly owns 35,834 shares of the company’s stock, valued at $4,768,072.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mercedes Johnson sold 625 shares of Teradyne stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total value of $80,481.25. Following the sale, the director now directly owns 17,143 shares in the company, valued at $2,207,504.11. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,977 shares of company stock worth $1,979,834 over the last ninety days. Company insiders own 0.36% of the company’s stock.

Teradyne Trading Down 0.5 %

NASDAQ TER traded down $0.68 during trading hours on Tuesday, reaching $125.25. 770,421 shares of the company traded hands, compared to its average volume of 1,977,584. The stock has a market capitalization of $19.55 billion, a PE ratio of 47.92, a PEG ratio of 2.58 and a beta of 1.49. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $163.21. The company has a 50 day moving average of $130.31 and a two-hundred day moving average of $131.77.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.77 by $0.09. The business had revenue of $729.88 million for the quarter, compared to analysts’ expectations of $701.20 million. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.79 earnings per share. On average, equities research analysts anticipate that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 5th were paid a dividend of $0.12 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.38%. Teradyne’s dividend payout ratio (DPR) is 18.25%.

Teradyne 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.