Bellecapital International Ltd. Has $458,000 Holdings in Teradyne, Inc. (NASDAQ:TER)

Bellecapital International Ltd. trimmed its holdings in Teradyne, Inc. (NASDAQ:TER) by 31.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,416 shares of the company’s stock after selling 1,584 shares during the period. Bellecapital International Ltd.’s holdings in Teradyne were worth $458,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TER. Swedbank AB increased its position in shares of 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 in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Teradyne by 17.6% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 335,636 shares of the company’s stock worth $37,887,000 after purchasing an additional 50,156 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Teradyne by 8.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 188,733 shares of the company’s stock valued at $21,295,000 after purchasing an additional 14,272 shares during the period. MBB Public Markets I LLC bought a new stake in shares of Teradyne in the second quarter valued at about $1,619,000. Finally, Empowered Funds LLC boosted its position in shares of Teradyne by 137.6% during the first quarter. Empowered Funds LLC now owns 20,028 shares of the company’s stock worth $2,260,000 after buying an additional 11,599 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TER. Susquehanna lifted their target price on Teradyne from $130.00 to $145.00 and gave the company a “positive” rating in a research report on Friday, July 26th. Northland Securities lowered their price objective on shares of Teradyne from $136.00 to $126.00 and set a “market perform” rating on the stock in a report on Friday, July 26th. Evercore ISI increased their target price on shares of Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. Citigroup lowered their price target on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Finally, Northland Capmk downgraded shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 18th. 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 company currently has a consensus rating of “Hold” and an average price target of $142.57.

Insider Transactions at Teradyne

In other news, Director Mercedes Johnson sold 625 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $128.77, for a total transaction of $80,481.25. Following the transaction, the director now owns 17,143 shares in the company, valued at approximately $2,207,504.11. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $128.77, for a total value of $80,481.25. Following the transaction, the director now directly owns 17,143 shares in the company, valued at approximately $2,207,504.11. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Sanjay Mehta sold 6,153 shares of Teradyne stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total transaction of $818,718.18. Following the completion of the sale, the chief financial officer now owns 35,834 shares of the company’s stock, valued at $4,768,072.04. This trade represents 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 quarter. Company insiders own 0.36% of the company’s stock.

Teradyne Trading Down 0.7 %

NASDAQ:TER traded down $0.84 on Monday, hitting $125.20. The company’s stock had a trading volume of 495,833 shares, compared to its average volume of 1,975,591. Teradyne, Inc. has a one year low of $81.07 and a one year high of $163.21. The stock has a fifty day moving average of $130.24 and a two-hundred day moving average of $131.63. The firm has a market capitalization of $20.43 billion, a P/E ratio of 41.46, a price-to-earnings-growth ratio of 2.58 and a beta of 1.49.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.09. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The business had revenue of $729.88 million for the quarter, compared to analysts’ expectations of $701.20 million. During the same quarter in the prior year, the business earned $0.79 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 3.02 EPS for the current year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.38%. Teradyne’s dividend payout ratio (DPR) is presently 15.79%.

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.