Boston Family Office LLC cut its holdings in Teradyne, Inc. (NYSE:TER) by 17.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,800 shares of the semiconductor company’s stock after selling 4,100 shares during the period. Boston Family Office LLC’s holdings in Teradyne were worth $829,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ameritas Investment Partners Inc. lifted its holdings in Teradyne by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 77,538 shares of the semiconductor company’s stock worth $2,328,000 after purchasing an additional 592 shares in the last quarter. WFG Advisors LP lifted its holdings in Teradyne by 21.9% in the 2nd quarter. WFG Advisors LP now owns 3,900 shares of the semiconductor company’s stock worth $117,000 after purchasing an additional 700 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Teradyne by 12.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 8,070 shares of the semiconductor company’s stock worth $243,000 after purchasing an additional 863 shares in the last quarter. Stifel Financial Corp lifted its holdings in Teradyne by 1.8% in the 2nd quarter. Stifel Financial Corp now owns 63,216 shares of the semiconductor company’s stock worth $1,900,000 after purchasing an additional 1,091 shares in the last quarter. Finally, Oakbrook Investments LLC raised its holdings in shares of Teradyne by 6.4% during the 4th quarter. Oakbrook Investments LLC now owns 18,520 shares of the semiconductor company’s stock worth $775,000 after acquiring an additional 1,120 shares in the last quarter. 96.62% of the stock is currently owned by institutional investors.

In related news, Director Michael A. Bradley sold 20,000 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $43.67, for a total transaction of $873,400.00. Following the sale, the director now owns 133,504 shares in the company, valued at approximately $5,830,119.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Gregory R. Beecher sold 71,300 shares of the stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $46.57, for a total value of $3,320,441.00. Following the sale, the chief financial officer now owns 77,676 shares in the company, valued at approximately $3,617,371.32. The disclosure for this sale can be found here. Insiders have sold a total of 166,009 shares of company stock worth $7,604,477 in the last 90 days. 0.62% of the stock is currently owned by insiders.

Several analysts have recently issued reports on the company. Deutsche Bank cut Teradyne from a “buy” rating to a “hold” rating and set a $44.00 price objective on the stock. in a report on Monday, November 20th. ValuEngine cut Teradyne from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Citigroup upped their price objective on Teradyne from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, October 30th. Zacks Investment Research cut Teradyne from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. Finally, Evercore ISI raised Teradyne from an “in-line” rating to an “outperform” rating in a report on Tuesday, January 2nd. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Teradyne currently has an average rating of “Buy” and a consensus price target of $48.00.

Shares of Teradyne, Inc. (NYSE:TER) opened at $41.27 on Friday. The stock has a market capitalization of $8,100.00, a P/E ratio of 32.75, a PEG ratio of 1.42 and a beta of 1.13. Teradyne, Inc. has a twelve month low of $28.38 and a twelve month high of $48.53. The company has a current ratio of 5.00, a quick ratio of 4.76 and a debt-to-equity ratio of 0.19.

Teradyne (NYSE:TER) last released its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.12. Teradyne had a return on equity of 23.37% and a net margin of 12.06%. The company had revenue of $479.00 million for the quarter, compared to analyst estimates of $438.85 million. During the same quarter in the prior year, the firm posted $0.32 EPS. Teradyne’s quarterly revenue was up 26.1% compared to the same quarter last year. equities research analysts predict that Teradyne, Inc. will post 2.47 earnings per share for the current fiscal year.

Teradyne announced that its board has authorized a stock buyback plan on Wednesday, January 24th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, February 23rd will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.87%. The ex-dividend date is Thursday, February 22nd. This is a positive change from Teradyne’s previous quarterly dividend of $0.07. Teradyne’s dividend payout ratio is presently 22.22%.

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Teradyne Company 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.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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