Teradyne, Inc. (NASDAQ:TER) Stock Holdings Raised by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. raised its stake in Teradyne, Inc. (NASDAQ:TER) by 5.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 72,781 shares of the company’s stock after acquiring an additional 3,594 shares during the period. Royal London Asset Management Ltd.’s holdings in Teradyne were worth $9,165,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of TER. Roberts Glore & Co. Inc. IL grew its position in shares of Teradyne by 2.2% during the 4th quarter. Roberts Glore & Co. Inc. IL now owns 4,103 shares of the company’s stock valued at $517,000 after buying an additional 90 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of Teradyne by 1.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock valued at $858,000 after buying an additional 104 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Teradyne by 3.1% during the 4th quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock valued at $434,000 after buying an additional 105 shares during the last quarter. TD Private Client Wealth LLC grew its position in shares of Teradyne by 0.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock valued at $2,666,000 after buying an additional 108 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its position in shares of Teradyne by 5.8% during the 4th quarter. Citizens Financial Group Inc. RI now owns 2,244 shares of the company’s stock valued at $283,000 after buying an additional 124 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.

Insider Activity at Teradyne

In related news, CFO Sanjay Mehta sold 614 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $62,628.00. Following the completion of the transaction, the chief financial officer now owns 30,446 shares of the company’s stock, valued at approximately $3,105,492. This trade represents a 1.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Richard John Burns sold 445 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $49,613.05. Following the completion of the transaction, the insider now directly owns 25,191 shares of the company’s stock, valued at $2,808,544.59. This represents a 1.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,479 shares of company stock valued at $1,013,134 over the last ninety days. Insiders own 0.36% of the company’s stock.

Teradyne Trading Down 0.8 %

Shares of NASDAQ:TER opened at $87.51 on Friday. The company has a 50 day moving average of $112.72 and a 200-day moving average of $118.73. The firm has a market cap 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. Teradyne, Inc. has a twelve month low of $82.98 and a twelve month high of $163.21.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. Equities research analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

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

Analyst Ratings Changes

TER has been the subject of a number of recent research reports. Citigroup lowered their price objective on shares of Teradyne from $130.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, March 12th. Vertical Research initiated coverage on shares of Teradyne in a research report on Friday, March 7th. They set a “buy” rating and a $135.00 price objective for the company. KeyCorp decreased their target price on shares of Teradyne from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Northland Capmk upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Morgan Stanley decreased their target price on shares of Teradyne from $112.00 to $81.00 and set an “underweight” rating for the company in a research report on Friday, March 14th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $121.44.

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.