Signaturefd LLC Has $149,000 Holdings in Teradyne, Inc. (NASDAQ:TER)

Signaturefd LLC cut its stake in Teradyne, Inc. (NASDAQ:TER) by 34.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,180 shares of the company’s stock after selling 632 shares during the period. Signaturefd LLC’s holdings in Teradyne were worth $149,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. State Street Corp raised its holdings in shares of Teradyne by 5.4% in the 3rd quarter. State Street Corp now owns 6,880,148 shares of the company’s stock worth $921,458,000 after buying an additional 350,002 shares in the last quarter. Van ECK Associates Corp increased its holdings in Teradyne by 59.9% during the 4th quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock valued at $620,552,000 after purchasing an additional 1,846,079 shares in the last quarter. Geode Capital Management LLC increased its holdings in Teradyne by 5.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,011,131 shares of the company’s stock valued at $535,484,000 after purchasing an additional 209,868 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in Teradyne by 16.2% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,825,897 shares of the company’s stock valued at $355,837,000 after purchasing an additional 393,175 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in Teradyne by 7.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,390,896 shares of the company’s stock valued at $302,582,000 after purchasing an additional 157,838 shares in the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the transaction, the chief executive officer now directly owns 74,660 shares in the company, valued at approximately $9,705,800. The trade was a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Sanjay Mehta sold 1,789 shares of Teradyne stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $215,592.39. Following the transaction, the chief financial officer now owns 33,308 shares in the company, valued at approximately $4,013,947.08. This represents a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,479 shares of company stock worth $1,013,134. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

TER has been the subject of a number of recent analyst reports. KeyCorp dropped their price target on Teradyne from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday, March 12th. Citigroup dropped their price target on Teradyne from $130.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, March 12th. Vertical Research initiated coverage on Teradyne in a report on Friday, March 7th. They set a “buy” rating and a $135.00 price target for the company. Cantor Fitzgerald dropped their price target on Teradyne from $150.00 to $110.00 and set an “overweight” rating for the company in a report on Wednesday, March 12th. Finally, UBS Group set a $130.00 target price on Teradyne and gave the company a “buy” rating in a research note on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Teradyne Stock Down 0.8 %

NASDAQ:TER opened at $87.51 on Friday. Teradyne, Inc. has a 12-month low of $82.98 and a 12-month high of $163.21. The firm has a market capitalization of $14.15 billion, a P/E ratio of 26.28, a P/E/G ratio of 2.83 and a beta of 1.46. The stock’s fifty day simple moving average is $112.72 and its 200-day simple moving average is $118.73.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. As a group, equities research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 0.55%. Teradyne’s dividend payout ratio is presently 14.41%.

Teradyne Profile

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.