Securian Asset Management Inc Sells 200 Shares of Teradyne, Inc. (NASDAQ:TER)

Securian Asset Management Inc reduced its position in Teradyne, Inc. (NASDAQ:TER) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,343 shares of the company’s stock after selling 200 shares during the quarter. Securian Asset Management Inc’s holdings in Teradyne were worth $1,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. NewEdge Wealth LLC lifted its holdings in shares of Teradyne by 381.0% in the first quarter. NewEdge Wealth LLC now owns 12,404 shares of the company’s stock worth $1,509,000 after buying an additional 9,825 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Teradyne by 9.0% in the first quarter. MML Investors Services LLC now owns 18,728 shares of the company’s stock worth $2,279,000 after buying an additional 1,539 shares in the last quarter. Selective Wealth Management Inc. purchased a new position in shares of Teradyne in the second quarter worth $67,000. Vontobel Asset Management Inc. lifted its holdings in shares of Teradyne by 31.4% in the first quarter. Vontobel Asset Management Inc. now owns 2,853,727 shares of the company’s stock worth $360,200,000 after buying an additional 681,938 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Teradyne by 1.1% in the first quarter. Alliancebernstein L.P. now owns 357,143 shares of the company’s stock worth $43,457,000 after buying an additional 3,903 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Shares of TER opened at $122.32 on Wednesday. Teradyne, Inc. has a twelve month low of $74.20 and a twelve month high of $147.90. The company has a market cap of $20.34 billion, a P/E ratio of 23.94, a P/E/G ratio of 1.56 and a beta of 1.27. The company has a current ratio of 2.74, a quick ratio of 2.51 and a debt-to-equity ratio of 0.06. The company’s fifty day simple moving average is $122.22 and its 200-day simple moving average is $124.06.

Teradyne (NASDAQ:TER) last announced its earnings results on Tuesday, July 27th. The company reported $1.91 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.75 by $0.16. Teradyne had a net margin of 27.65% and a return on equity of 41.35%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm posted $1.33 earnings per share. The business’s revenue for the quarter was up 29.5% on a year-over-year basis. Analysts predict that Teradyne, Inc. will post 5.62 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 24th. Stockholders of record on Wednesday, September 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.33%. The ex-dividend date of this dividend is Tuesday, August 31st. Teradyne’s dividend payout ratio is currently 8.66%.

Several equities analysts have recently commented on TER shares. Rosenblatt Securities reissued a “buy” rating and issued a $180.00 target price on shares of Teradyne in a report on Thursday, August 26th. Susquehanna raised shares of Teradyne from a “neutral” rating to a “positive” rating and boosted their target price for the stock from $148.00 to $165.00 in a report on Thursday, July 29th. Evercore ISI boosted their target price on shares of Teradyne from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, June 21st. Finally, Susquehanna Bancshares raised shares of Teradyne from a “neutral” rating to a “positive” rating and upped their price target for the company from $148.00 to $165.00 in a research note on Thursday, July 29th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $140.56.

In other news, Director Marilyn Matz sold 4,157 shares of the company’s stock in a transaction dated Friday, September 10th. The shares were sold at an average price of $120.18, for a total value of $499,588.26. Following the transaction, the director now directly owns 13,976 shares in the company, valued at $1,679,635.68. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.36% of the company’s stock.

Teradyne Profile

Teradyne, Inc engages in the development and sale of self automatic test systems. It operates through the following segments: Semiconductor Test, Industrial Automation, System Test, and Wireless Test. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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