Boston Family Office LLC Lowers Holdings in Teradyne, Inc. (NASDAQ:TER)

Boston Family Office LLC trimmed its position in Teradyne, Inc. (NASDAQ:TER) by 1.6% in the 4th quarter, Holdings Channel reports. The firm owned 107,947 shares of the company’s stock after selling 1,724 shares during the quarter. Boston Family Office LLC’s holdings in Teradyne were worth $13,593,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TER. Compass Financial Services Inc purchased a new position in shares of Teradyne during the fourth quarter worth about $33,000. AllSquare Wealth Management LLC grew its stake in Teradyne by 200.0% in the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company’s stock worth $38,000 after buying an additional 200 shares in the last quarter. Manchester Capital Management LLC grew its stake in Teradyne by 264.0% in the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock worth $39,000 after buying an additional 227 shares in the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of Teradyne in the 4th quarter worth $45,000. Finally, Atala Financial Inc purchased a new stake in shares of Teradyne during the 4th quarter valued at $47,000. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Teradyne Stock Down 0.2 %

Teradyne stock opened at $82.60 on Tuesday. Teradyne, Inc. has a twelve month low of $79.60 and a twelve month high of $163.21. The company has a market capitalization of $13.36 billion, a P/E ratio of 24.80, a PEG ratio of 2.83 and a beta of 1.46. The stock’s 50 day moving average is $106.79 and its 200 day moving average is $117.01.

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

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne’s dividend payout ratio is presently 14.41%.

Insider Activity

In other news, insider Richard John Burns sold 407 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 transaction of $49,047.57. Following the transaction, the insider now directly owns 20,764 shares of the company’s stock, valued at $2,502,269.64. The trade was a 1.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sanjay Mehta sold 1,789 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total transaction of $215,592.39. Following the completion of the sale, the chief financial officer now directly owns 33,308 shares of the company’s stock, valued at $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. Insiders sold a total of 8,479 shares of company stock valued at $1,013,134 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

TER has been the subject of several research reports. UBS Group set a $130.00 target price on shares of Teradyne and gave the stock a “buy” rating in a research report on Wednesday, March 12th. Vertical Research began coverage on Teradyne in a report on Friday, March 7th. They issued a “buy” rating and a $135.00 price objective for the company. Citigroup decreased their price objective on Teradyne from $130.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Bank of America cut their target price on Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday, March 12th. Finally, Northland Securities decreased their price target on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $121.44.

Teradyne Company 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.