Vontobel Holding Ltd. Has $2.88 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Vontobel Holding Ltd. decreased its position in Teradyne, Inc. (NASDAQ:TER) by 4.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,496 shares of the company’s stock after selling 1,121 shares during the period. Vontobel Holding Ltd.’s holdings in Teradyne were worth $2,875,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Mutual of America Capital Management LLC boosted its position in shares of Teradyne by 6.6% during the 4th quarter. Mutual of America Capital Management LLC now owns 41,973 shares of the company’s stock valued at $4,555,000 after acquiring an additional 2,590 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Teradyne by 8,125.5% during the fourth quarter. International Assets Investment Management LLC now owns 133,088 shares of the company’s stock worth $14,443,000 after purchasing an additional 131,470 shares during the period. Raymond James & Associates boosted its holdings in Teradyne by 3.8% during the fourth quarter. Raymond James & Associates now owns 448,581 shares of the company’s stock valued at $48,680,000 after purchasing an additional 16,595 shares in the last quarter. Value Aligned Research Advisors LLC bought a new stake in shares of Teradyne in the 4th quarter valued at approximately $2,981,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of Teradyne by 3.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,632,831 shares of the company’s stock worth $164,034,000 after buying an additional 47,889 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. Evercore ISI started coverage on Teradyne in a report on Tuesday. They set an “outperform” rating and a $130.00 price objective for the company. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Teradyne in a report on Monday, March 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $113.73.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $100.20 on Friday. The business has a fifty day moving average of $105.48 and a 200-day moving average of $100.40. The firm has a market cap of $15.33 billion, a PE ratio of 36.70 and a beta of 1.56. Teradyne, Inc. has a twelve month low of $81.07 and a twelve month high of $119.20.

Teradyne (NASDAQ:TER) last announced its earnings results on Tuesday, January 30th. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. Teradyne had a net margin of 16.77% and a return on equity of 19.45%. The company had revenue of $670.60 million during the quarter, compared to the consensus estimate of $674.99 million. During the same period in the previous year, the firm posted $0.92 earnings per share. The company’s revenue was down 8.4% on a year-over-year basis. On average, analysts anticipate that Teradyne, Inc. will post 2.82 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 16th were issued a dividend of $0.12 per share. This is an increase from Teradyne’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.48 annualized dividend and a yield of 0.48%. Teradyne’s dividend payout ratio is currently 17.58%.

Insider Buying and Selling at Teradyne

In other news, CFO Sanjay Mehta sold 1,083 shares of the company’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $110.95, for a total transaction of $120,158.85. Following the transaction, the chief financial officer now owns 45,107 shares of the company’s stock, valued at $5,004,621.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Sanjay Mehta sold 1,083 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $110.95, for a total transaction of $120,158.85. Following the completion of the sale, the chief financial officer now directly owns 45,107 shares of the company’s stock, valued at $5,004,621.65. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Richard John Burns sold 317 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $112.68, for a total transaction of $35,719.56. Following the completion of the transaction, the insider now directly owns 20,300 shares in the company, valued at $2,287,404. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,797 shares of company stock worth $1,248,237. Insiders own 0.36% of the company’s stock.

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.