Neuburgh Advisers LLC reduced its stake in shares of Teradyne, Inc. (NYSE:TER) by 8.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 136,004 shares of the semiconductor company’s stock after selling 12,452 shares during the period. Neuburgh Advisers LLC owned about 0.07% of Teradyne worth $5,178,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Teradyne by 497.1% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 22,608 shares of the semiconductor company’s stock valued at $1,033,000 after acquiring an additional 18,822 shares in the last quarter. ARP Americas LP bought a new position in shares of Teradyne in the first quarter valued at approximately $398,000. Oppenheimer & Co. Inc. grew its holdings in shares of Teradyne by 21.7% in the first quarter. Oppenheimer & Co. Inc. now owns 41,700 shares of the semiconductor company’s stock valued at $1,906,000 after acquiring an additional 7,436 shares in the last quarter. Westpac Banking Corp grew its holdings in shares of Teradyne by 30.8% in the first quarter. Westpac Banking Corp now owns 139,000 shares of the semiconductor company’s stock valued at $6,354,000 after acquiring an additional 32,750 shares in the last quarter. Finally, Atria Investments LLC bought a new position in shares of Teradyne in the first quarter valued at approximately $252,000. 99.43% of the stock is owned by hedge funds and other institutional investors.

Teradyne stock opened at $41.12 on Friday. Teradyne, Inc. has a 12 month low of $32.06 and a 12 month high of $50.68. The company has a current ratio of 4.19, a quick ratio of 3.89 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $7.77 billion, a P/E ratio of 17.57, a PEG ratio of 1.72 and a beta of 1.35.

Teradyne (NYSE:TER) last posted its quarterly earnings data on Tuesday, July 24th. The semiconductor company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.49 by $0.10. Teradyne had a return on equity of 20.82% and a net margin of 9.29%. The business had revenue of $527.00 million for the quarter, compared to the consensus estimate of $508.52 million. During the same quarter in the prior year, the business earned $0.90 earnings per share. Teradyne’s revenue for the quarter was down 24.4% on a year-over-year basis. analysts predict that Teradyne, Inc. will post 2.08 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Wednesday, September 5th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, September 4th. This represents a $0.36 annualized dividend and a yield of 0.88%. Teradyne’s payout ratio is 15.38%.

Several equities analysts have recently issued reports on TER shares. ValuEngine lowered Teradyne from a “buy” rating to a “hold” rating in a report on Wednesday, August 15th. Zacks Investment Research raised Teradyne from a “strong sell” rating to a “hold” rating in a report on Thursday, June 28th. Cowen started coverage on Teradyne in a report on Monday, May 14th. They issued a “market perform” rating and a $40.00 target price for the company. DA Davidson upped their target price on Teradyne to $45.00 and gave the company a “neutral” rating in a report on Thursday, July 26th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $46.00 target price on shares of Teradyne in a report on Thursday, July 26th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $47.69.

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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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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