1620 Investment Advisors Inc. Purchases 243 Shares of Teradyne, Inc. (NASDAQ:TER)

1620 Investment Advisors Inc. lifted its stake in Teradyne, Inc. (NASDAQ:TER) by 28.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,089 shares of the company’s stock after buying an additional 243 shares during the period. 1620 Investment Advisors Inc.’s holdings in Teradyne were worth $137,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Teradyne in the third quarter worth about $2,221,000. Van ECK Associates Corp increased its holdings in shares of Teradyne by 59.9% in the fourth quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock worth $620,552,000 after buying an additional 1,846,079 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Teradyne in the fourth quarter worth about $12,118,000. Cerity Partners LLC increased its holdings in shares of Teradyne by 87.1% in the third quarter. Cerity Partners LLC now owns 11,371 shares of the company’s stock worth $1,523,000 after buying an additional 5,294 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of Teradyne by 17.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 77,092 shares of the company’s stock worth $10,325,000 after buying an additional 11,541 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analyst Upgrades and Downgrades

TER has been the subject of a number of recent analyst reports. TD Cowen lowered their price target on Teradyne from $135.00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday, March 12th. Northland Capmk raised Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Northland Securities lowered their price target on Teradyne from $154.00 to $140.00 and set an “outperform” rating for the company in a research report on Friday, January 31st. Morgan Stanley lowered their price target on Teradyne from $112.00 to $81.00 and set an “underweight” rating for the company in a research report on Friday, March 14th. Finally, UBS Group set a $130.00 price target on Teradyne and gave the company a “buy” rating in a research report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $121.44.

Insider Buying and Selling at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 74,660 shares in the company, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Sanjay Mehta sold 614 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $62,628.00. Following the sale, the chief financial officer now owns 30,446 shares in the company, valued at approximately $3,105,492. This represents a 1.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,479 shares of company stock worth $1,013,134. Insiders own 0.36% of the company’s stock.

Teradyne Stock Down 0.8 %

Teradyne stock opened at $87.51 on Friday. The company has a market capitalization of $14.15 billion, a P/E ratio of 26.28, a PEG ratio of 2.83 and a beta of 1.46. The stock’s 50 day moving average is $112.72 and its 200 day moving average is $118.77. Teradyne, Inc. has a twelve month low of $82.98 and a twelve month high of $163.21.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping 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%. As a group, equities analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors 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 annualized dividend and a dividend yield of 0.55%. Teradyne’s payout ratio is currently 14.41%.

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.