First Horizon Advisors Inc. lifted its holdings in Teradyne, Inc. (NASDAQ:TER) by 16.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,347 shares of the company’s stock after buying an additional 192 shares during the quarter. First Horizon Advisors Inc.’s holdings in Teradyne were worth $163,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the company. First National Bank of South Miami grew its position in shares of Teradyne by 20.8% in the 1st quarter. First National Bank of South Miami now owns 1,000 shares of the company’s stock worth $122,000 after buying an additional 172 shares during the period. Davy Global Fund Management Ltd grew its position in shares of Teradyne by 3.4% in the 1st quarter. Davy Global Fund Management Ltd now owns 28,400 shares of the company’s stock worth $3,456,000 after buying an additional 930 shares during the period. Ashfield Capital Partners LLC grew its position in shares of Teradyne by 168.3% in the 1st quarter. Ashfield Capital Partners LLC now owns 44,828 shares of the company’s stock worth $5,455,000 after buying an additional 28,120 shares during the period. Vontobel Holding Ltd. grew its position in shares of Teradyne by 4.2% in the 1st quarter. Vontobel Holding Ltd. now owns 67,322 shares of the company’s stock worth $8,192,000 after buying an additional 2,727 shares during the period. Finally, MUFG Securities EMEA plc grew its position in shares of Teradyne by 240.8% in the 1st quarter. MUFG Securities EMEA plc now owns 24,405 shares of the company’s stock worth $2,970,000 after buying an additional 17,244 shares during the period. 92.87% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts recently issued reports on TER shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Teradyne from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, April 29th. Rosenblatt Securities upped their price target on shares of Teradyne from $158.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, April 30th. Credit Suisse Group upped their price target on shares of Teradyne from $125.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, April 29th. Finally, Morgan Stanley upped their price target on shares of Teradyne from $138.00 to $148.00 and gave the stock an “overweight” rating in a research note on Thursday, April 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $127.56.
TER opened at $127.87 on Friday. The company has a quick ratio of 3.26, a current ratio of 3.64 and a debt-to-equity ratio of 0.15. The company has a market cap of $21.26 billion, a PE ratio of 29.06, a P/E/G ratio of 1.76 and a beta of 1.28. The company’s 50-day moving average is $127.66. Teradyne, Inc. has a 52-week low of $70.06 and a 52-week high of $147.90.
Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Tuesday, April 27th. The company reported $1.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.06. Teradyne had a net margin of 25.43% and a return on equity of 39.86%. The firm had revenue of $782.00 million for the quarter, compared to analysts’ expectations of $760.43 million. During the same quarter in the prior year, the business earned $1.00 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. Research analysts forecast that Teradyne, Inc. will post 5.29 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 18th. Stockholders of record on Wednesday, May 26th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Tuesday, May 25th. Teradyne’s dividend payout ratio (DPR) is presently 8.66%.
Teradyne, Inc engages in the development and sale of self automatic test systems. It operates through the following segments: Semiconductor Test, Industrial Automation, System Test, and Wireless Test. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services.
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