Signaturefd LLC Has $149,000 Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Signaturefd LLC cut its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 34.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,180 shares of the company’s stock after selling 632 shares during the period. Signaturefd LLC’s holdings in Teradyne were worth $149,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TER. Compass Financial Services Inc acquired a new stake in shares of Teradyne during the fourth quarter worth $33,000. Manchester Capital Management LLC raised its position in Teradyne by 264.0% during the fourth quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock valued at $39,000 after buying an additional 227 shares during the period. Atala Financial Inc acquired a new position in Teradyne during the fourth quarter valued at $47,000. Brooklyn Investment Group acquired a new position in Teradyne during the third quarter valued at $52,000. Finally, Quarry LP raised its position in Teradyne by 91.9% during the third quarter. Quarry LP now owns 451 shares of the company’s stock valued at $60,000 after buying an additional 216 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Stock Performance

TER opened at $87.51 on Friday. The stock has a 50-day moving average of $112.72 and a 200-day moving average of $118.73. Teradyne, Inc. has a 52-week low of $82.98 and a 52-week high of $163.21. The company has a market cap of $14.15 billion, a PE ratio of 26.28, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER) last announced its 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 predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 0.55%. Teradyne’s payout ratio is 14.41%.

Insider Activity at Teradyne

In other Teradyne news, CFO Sanjay Mehta sold 1,789 shares of the firm’s 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 sale, the chief financial officer now owns 33,308 shares in the company, valued at approximately $4,013,947.08. This trade represents a 5.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory Stephen Smith sold 3,080 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value 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 position. The disclosure for this sale can be found here. Insiders sold a total of 8,479 shares of company stock worth $1,013,134 in the last 90 days. 0.36% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on TER shares. KeyCorp dropped their price target on Teradyne from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 12th. Northland Capmk raised Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. UBS Group set a $130.00 price target on Teradyne and gave the company a “buy” rating in a research report on Wednesday, March 12th. Morgan Stanley dropped their price target on Teradyne from $112.00 to $81.00 and set an “underweight” rating on the stock in a research report on Friday, March 14th. Finally, Citigroup dropped their target price on Teradyne from $130.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

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.