Dimensional Fund Advisors LP cut its position in shares of Teradyne, Inc. (NYSE:TER) by 10.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,736,124 shares of the semiconductor company’s stock after selling 202,669 shares during the period. Dimensional Fund Advisors LP owned approximately 0.89% of Teradyne worth $64,739,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. MML Investors Services LLC lifted its stake in shares of Teradyne by 0.8% in the 2nd quarter. MML Investors Services LLC now owns 24,382 shares of the semiconductor company’s stock valued at $732,000 after purchasing an additional 188 shares during the last quarter. People s United Financial Inc. lifted its stake in shares of Teradyne by 1.8% in the 2nd quarter. People s United Financial Inc. now owns 18,148 shares of the semiconductor company’s stock valued at $545,000 after purchasing an additional 316 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Teradyne by 1.6% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 35,078 shares of the semiconductor company’s stock valued at $691,000 after purchasing an additional 559 shares during the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of Teradyne by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 77,538 shares of the semiconductor company’s stock valued at $2,328,000 after purchasing an additional 592 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Teradyne by 10.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,228 shares of the semiconductor company’s stock valued at $217,000 after purchasing an additional 660 shares during the last quarter. 96.45% of the stock is owned by institutional investors.

Teradyne, Inc. (TER) opened at $41.87 on Friday. The company has a market capitalization of $8,260.00, a price-to-earnings ratio of 19.57, a price-to-earnings-growth ratio of 1.59 and a beta of 1.01. Teradyne, Inc. has a fifty-two week low of $25.24 and a fifty-two week high of $44.63. The company has a current ratio of 4.96, a quick ratio of 4.67 and a debt-to-equity ratio of 0.17.

Teradyne (NYSE:TER) last released its quarterly earnings data on Wednesday, October 25th. The semiconductor company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.43 by $0.11. Teradyne had a return on equity of 22.39% and a net margin of 21.11%. The company had revenue of $503.40 million for the quarter, compared to the consensus estimate of $472.86 million. During the same period last year, the business posted $0.31 EPS. Teradyne’s quarterly revenue was up 22.6% on a year-over-year basis. equities analysts predict that Teradyne, Inc. will post 2.22 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Wednesday, November 29th were issued a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, November 28th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.67%. Teradyne’s dividend payout ratio is presently 13.08%.

Several research firms have recently issued reports on TER. Zacks Investment Research raised Teradyne from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Friday, September 8th. Susquehanna Bancshares reiterated a “neutral” rating and issued a $41.00 price target (up from $32.00) on shares of Teradyne in a report on Monday, September 18th. Robert W. Baird reiterated a “positive” rating and issued a $48.00 price target (up from $37.00) on shares of Teradyne in a report on Friday, October 27th. KeyCorp reiterated an “outperform” rating and issued a $40.00 price target on shares of Teradyne in a report on Saturday, September 16th. Finally, Credit Suisse Group increased their price target on Teradyne from $36.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Teradyne has a consensus rating of “Buy” and a consensus price target of $42.55.

In other news, insider Brad Robbins sold 12,045 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $42.19, for a total value of $508,178.55. Following the completion of the sale, the insider now owns 7,126 shares of the company’s stock, valued at approximately $300,645.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael A. Bradley sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $42.80, for a total value of $428,000.00. Following the completion of the sale, the director now directly owns 145,836 shares of the company’s stock, valued at approximately $6,241,780.80. The disclosure for this sale can be found here. Insiders sold a total of 140,206 shares of company stock worth $6,066,881 over the last quarter. Company insiders own 0.62% of the company’s stock.

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Teradyne Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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