Bokf Na Increases Holdings in Teradyne, Inc. (NASDAQ:TER)

Bokf Na grew its holdings in shares of Teradyne, Inc. (NASDAQ:TERGet Rating) by 11.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,521 shares of the company’s stock after purchasing an additional 753 shares during the quarter. Bokf Na’s holdings in Teradyne were worth $673,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in TER. Signaturefd LLC increased its position in shares of Teradyne by 20.5% during the 1st quarter. Signaturefd LLC now owns 634 shares of the company’s stock valued at $75,000 after purchasing an additional 108 shares during the last quarter. Mutual of America Capital Management LLC increased its position in shares of Teradyne by 1.1% during the 1st quarter. Mutual of America Capital Management LLC now owns 21,759 shares of the company’s stock valued at $2,573,000 after purchasing an additional 229 shares during the last quarter. DAVENPORT & Co LLC increased its position in shares of Teradyne by 30.7% during the 1st quarter. DAVENPORT & Co LLC now owns 1,853 shares of the company’s stock valued at $219,000 after purchasing an additional 435 shares during the last quarter. Metis Global Partners LLC increased its holdings in Teradyne by 79.1% in the 1st quarter. Metis Global Partners LLC now owns 2,582 shares of the company’s stock worth $305,000 after acquiring an additional 1,140 shares during the last quarter. Finally, Venture Visionary Partners LLC purchased a new stake in Teradyne in the 1st quarter worth about $365,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Teradyne Trading Up 1.2 %

Shares of TER opened at $94.03 on Thursday. The company has a market cap of $14.65 billion, a P/E ratio of 21.04, a PEG ratio of 5.28 and a beta of 1.50. The company has a current ratio of 3.03, a quick ratio of 2.59 and a debt-to-equity ratio of 0.02. The firm’s 50-day simple moving average is $80.42. Teradyne, Inc. has a 12-month low of $67.81 and a 12-month high of $168.91.

Teradyne (NASDAQ:TERGet Rating) last released its earnings results on Tuesday, October 25th. The company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The company had revenue of $827.07 million during the quarter, compared to the consensus estimate of $800.20 million. Teradyne had a return on equity of 33.39% and a net margin of 23.38%. Teradyne’s quarterly revenue was down 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.59 EPS. As a group, analysts predict that Teradyne, Inc. will post 4.07 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 21st. Investors of record on Monday, November 28th will be given a $0.11 dividend. The ex-dividend date of this dividend is Friday, November 25th. This represents a $0.44 dividend on an annualized basis and a yield of 0.47%. Teradyne’s payout ratio is 9.84%.

Analysts Set New Price Targets

TER has been the subject of several recent research reports. Susquehanna lifted their price objective on Teradyne from $83.00 to $100.00 in a report on Thursday, October 27th. DA Davidson decreased their price objective on Teradyne from $120.00 to $105.00 in a report on Thursday, October 27th. StockNews.com initiated coverage on Teradyne in a report on Wednesday, October 12th. They issued a “hold” rating for the company. TheStreet lowered Teradyne from a “b-” rating to a “c+” rating in a report on Thursday, October 13th. Finally, Morgan Stanley cut their target price on Teradyne from $116.00 to $92.00 and set an “equal weight” rating for the company in a research note on Thursday, October 27th. Ten investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $93.12.

Insider Buying and Selling

In related news, insider Brad Robbins sold 3,144 shares of the business’s stock in a transaction that occurred on Friday, September 30th. The stock was sold at an average price of $75.84, for a total value of $238,440.96. Following the completion of the sale, the insider now owns 44,755 shares in the company, valued at approximately $3,394,219.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.36% of the stock is currently owned by corporate insiders.

Teradyne Profile

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Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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