Commonwealth Equity Services LLC Has $1.55 Million Holdings in Teradyne, Inc. (NASDAQ:TER)

Commonwealth Equity Services LLC lowered its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 11.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 12,273 shares of the company’s stock after selling 1,626 shares during the period. Commonwealth Equity Services LLC’s holdings in Teradyne were worth $1,545,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

Several analysts have commented on TER shares. Stifel Nicolaus dropped their target price on shares of Teradyne from $125.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, March 12th. Bank of America reduced their target price on shares of Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a report on Wednesday, March 12th. Susquehanna lowered their target price on Teradyne from $165.00 to $155.00 and set a “positive” rating on the stock in a research report on Wednesday, March 12th. TD Cowen lowered their target price on shares of Teradyne from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Finally, Robert W. Baird dropped their price target on Teradyne from $140.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, March 13th. Two equities research 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’s stock. According to MarketBeat.com, Teradyne presently has an average rating of “Moderate Buy” and a consensus price target of $121.44.

Insiders Place Their Bets

In other Teradyne news, VP Ryan Driscoll sold 437 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $44,574.00. Following the completion of the sale, the vice president now directly owns 4,312 shares of the company’s stock, valued at approximately $439,824. This represents a 9.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on 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. This represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,479 shares of company stock worth $1,013,134. Insiders own 0.18% of the company’s stock.

Teradyne Stock Down 3.4 %

Shares of TER opened at $82.78 on Friday. Teradyne, Inc. has a 12-month low of $82.47 and a 12-month high of $163.21. The stock has a market cap of $13.39 billion, a PE ratio of 24.86, a PEG ratio of 2.83 and a beta of 1.46. The business has a 50-day simple moving average of $107.90 and a two-hundred day simple moving average of $117.43.

Teradyne (NASDAQ:TER) last announced 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 return on equity of 19.08% and a net margin of 19.23%. On average, equities research analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were paid a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.58%. Teradyne’s dividend payout ratio (DPR) 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.