Vestmark Advisory Solutions Inc. Boosts Stock Position in Teradyne, Inc. (NASDAQ:TER)

Vestmark Advisory Solutions Inc. lifted its position in Teradyne, Inc. (NASDAQ:TER) by 120.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,962 shares of the company’s stock after purchasing an additional 39,280 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Teradyne were worth $7,809,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mutual of America Capital Management LLC lifted its position in Teradyne by 6.6% during the fourth quarter. Mutual of America Capital Management LLC now owns 41,973 shares of the company’s stock valued at $4,555,000 after purchasing an additional 2,590 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Teradyne by 8,125.5% in the 4th quarter. International Assets Investment Management LLC now owns 133,088 shares of the company’s stock valued at $14,443,000 after buying an additional 131,470 shares during the period. Raymond James & Associates boosted its stake in shares of Teradyne by 3.8% in the fourth quarter. Raymond James & Associates now owns 448,581 shares of the company’s stock worth $48,680,000 after buying an additional 16,595 shares during the last quarter. Value Aligned Research Advisors LLC acquired a new stake in Teradyne during the fourth quarter worth about $2,981,000. Finally, Louisiana State Employees Retirement System purchased a new position in Teradyne during the fourth quarter valued at approximately $998,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Trading Up 2.6 %

TER traded up $3.05 on Friday, hitting $120.44. The company had a trading volume of 2,694,180 shares, compared to its average volume of 2,462,491. The company’s fifty day moving average price is $107.25 and its 200 day moving average price is $101.19. Teradyne, Inc. has a 1 year low of $81.07 and a 1 year high of $121.86. The firm has a market cap of $18.42 billion, a P/E ratio of 45.79 and a beta of 1.50.

Teradyne (NASDAQ:TER) last posted its earnings results on Wednesday, April 24th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.18. The firm had revenue of $599.82 million during the quarter, compared to the consensus estimate of $566.31 million. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.55 EPS. On average, analysts predict that Teradyne, Inc. will post 2.99 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Cantor Fitzgerald reiterated a “neutral” rating and issued a $110.00 price objective on shares of Teradyne in a research report on Thursday, April 25th. JPMorgan Chase & Co. increased their price target on Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. The Goldman Sachs Group boosted their price objective on Teradyne from $107.00 to $118.00 and gave the company a “neutral” rating in a research report on Friday, April 26th. Susquehanna increased their target price on Teradyne from $125.00 to $130.00 and gave the company a “positive” rating in a research report on Friday, April 26th. Finally, Robert W. Baird boosted their price target on shares of Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $117.83.

About Teradyne

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.