Blair William & Co. IL raised its position in shares of Teradyne, Inc. (NYSE:TER) by 111.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,165 shares of the semiconductor company’s stock after purchasing an additional 11,144 shares during the period. Blair William & Co. IL’s holdings in Teradyne were worth $967,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. MANA Advisors LLC bought a new position in Teradyne during the first quarter valued at $232,000. Pelorus Jack Capital L.P. bought a new position in Teradyne during the first quarter valued at $14,841,000. Mason Street Advisors LLC grew its holdings in Teradyne by 1.6% during the first quarter. Mason Street Advisors LLC now owns 98,154 shares of the semiconductor company’s stock valued at $4,487,000 after purchasing an additional 1,513 shares during the period. Northwestern Mutual Investment Management Company LLC grew its holdings in Teradyne by 55.7% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 39,987 shares of the semiconductor company’s stock valued at $1,828,000 after purchasing an additional 14,297 shares during the period. Finally, Seven Eight Capital LP bought a new position in Teradyne during the first quarter valued at $4,185,000. 96.24% of the stock is owned by institutional investors and hedge funds.
NYSE:TER opened at $38.80 on Friday. The firm has a market cap of $7.64 billion, a price-to-earnings ratio of 16.58, a P/E/G ratio of 1.74 and a beta of 1.20. Teradyne, Inc. has a 1 year low of $29.68 and a 1 year high of $50.68. The company has a current ratio of 5.51, a quick ratio of 5.17 and a debt-to-equity ratio of 0.19.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 22nd. Investors of record on Thursday, May 31st were given a $0.09 dividend. The ex-dividend date was Wednesday, May 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.93%. Teradyne’s dividend payout ratio (DPR) is presently 15.38%.
TER has been the subject of several research reports. Zacks Investment Research lowered Teradyne from a “hold” rating to a “sell” rating in a report on Friday, April 27th. Robert W. Baird raised Teradyne from a “neutral” rating to an “outperform” rating in a report on Thursday, April 26th. Needham & Company LLC reduced their price objective on Teradyne to $45.00 and set a “positive” rating for the company in a report on Thursday, April 26th. Credit Suisse Group reduced their price objective on Teradyne from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday, April 26th. Finally, ValuEngine lowered Teradyne from a “buy” rating to a “hold” rating in a report on Thursday, April 26th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $47.15.
Teradyne Company Profile
Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.
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