Fiduciary Trust Co. lessened its position in shares of Teradyne, Inc. (NYSE:TER) by 8.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 8,200 shares of the semiconductor company’s stock after selling 800 shares during the quarter. Fiduciary Trust Co.’s holdings in Teradyne were worth $327,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. PRW Wealth Management LLC bought a new position in shares of Teradyne in the 4th quarter worth $27,000. Capital Financial Planning LLC bought a new position in shares of Teradyne in the 4th quarter worth $31,000. Exane Derivatives bought a new position in shares of Teradyne in the 1st quarter worth $36,000. Captrust Financial Advisors raised its position in Teradyne by 49.6% in the 4th quarter. Captrust Financial Advisors now owns 1,785 shares of the semiconductor company’s stock valued at $56,000 after buying an additional 592 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in Teradyne by 2,983.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,334,484 shares of the semiconductor company’s stock valued at $74,000 after buying an additional 2,258,762 shares during the last quarter.

In related news, Director Michael A. Bradley sold 27,049 shares of Teradyne stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $48.95, for a total value of $1,324,048.55. Following the completion of the sale, the director now owns 74,008 shares of the company’s stock, valued at approximately $3,622,691.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Brad Robbins sold 10,000 shares of Teradyne stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $49.46, for a total value of $494,600.00. Following the completion of the sale, the insider now directly owns 43,840 shares of the company’s stock, valued at approximately $2,168,326.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 77,345 shares of company stock valued at $3,751,648. Insiders own 0.49% of the company’s stock.

A number of research firms recently commented on TER. Zacks Investment Research raised Teradyne from a “hold” rating to a “strong-buy” rating and set a $55.00 price target for the company in a research report on Friday, April 26th. Cowen reissued a “market perform” rating and issued a $50.00 price target (up from $40.00) on shares of Teradyne in a research report on Thursday, April 25th. Stifel Nicolaus increased their price target on Teradyne from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Craig Hallum lowered Teradyne from a “buy” rating to a “hold” rating in a research report on Friday, February 22nd. Finally, Credit Suisse Group reissued a “hold” rating on shares of Teradyne in a research report on Friday, January 25th. Eight equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $45.60.

Shares of Teradyne stock opened at $43.50 on Thursday. Teradyne, Inc. has a 1 year low of $28.73 and a 1 year high of $49.83. The firm has a market cap of $7.56 billion, a PE ratio of 18.59, a price-to-earnings-growth ratio of 2.02 and a beta of 1.25. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23.

Teradyne (NYSE:TER) last announced its earnings results on Tuesday, April 23rd. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.10. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The firm had revenue of $494.00 million during the quarter, compared to analyst estimates of $476.23 million. During the same period last year, the firm posted $0.45 EPS. The business’s revenue was up 1.3% compared to the same quarter last year. Equities analysts expect that Teradyne, Inc. will post 2.25 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Wednesday, May 29th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Tuesday, May 28th. Teradyne’s dividend payout ratio is presently 15.38%.

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Teradyne Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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