LifePlan Financial LLC Cuts Stock Position in Teradyne, Inc. $TER

LifePlan Financial LLC lessened its position in shares of Teradyne, Inc. (NASDAQ:TERFree Report) by 37.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,234 shares of the company’s stock after selling 3,125 shares during the quarter. LifePlan Financial LLC’s holdings in Teradyne were worth $1,013,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Huntington National Bank grew its holdings in Teradyne by 1.8% in the third quarter. Huntington National Bank now owns 3,566 shares of the company’s stock worth $491,000 after purchasing an additional 64 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Teradyne by 5.6% during the 3rd quarter. Parallel Advisors LLC now owns 1,312 shares of the company’s stock valued at $181,000 after purchasing an additional 69 shares during the last quarter. True Wealth Design LLC boosted its position in shares of Teradyne by 49.6% in the 4th quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $41,000 after purchasing an additional 70 shares in the last quarter. Wedmont Private Capital grew its stake in Teradyne by 3.0% during the 4th quarter. Wedmont Private Capital now owns 2,576 shares of the company’s stock worth $499,000 after buying an additional 74 shares during the last quarter. Finally, Hemington Wealth Management grew its stake in Teradyne by 43.2% during the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after buying an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Robert W. Baird increased their price target on Teradyne from $305.00 to $332.00 and gave the company an “outperform” rating in a research note on Monday, March 30th. The Goldman Sachs Group upped their price objective on shares of Teradyne from $230.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Bank of America increased their price objective on shares of Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Stifel Nicolaus set a $325.00 target price on shares of Teradyne in a research note on Wednesday, February 4th. Finally, Royal Bank Of Canada set a $270.00 target price on shares of Teradyne in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $275.53.

Read Our Latest Analysis on Teradyne

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Teradyne Stock Performance

Teradyne stock opened at $309.61 on Friday. The business’s 50-day simple moving average is $297.79 and its two-hundred day simple moving average is $219.10. The company has a market cap of $48.47 billion, a PE ratio of 88.97, a PEG ratio of 1.92 and a beta of 1.79. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $344.92.

Teradyne (NASDAQ:TERGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.44. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $970.44 million. During the same period last year, the business posted $0.95 earnings per share. The company’s revenue for the quarter was up 43.9% compared to the same quarter last year. As a group, analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is currently 14.94%.

Teradyne Profile

(Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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