Dynamic Technology Lab Private Ltd lowered its position in shares of Teradyne, Inc. (NYSE:TER) by 47.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,656 shares of the semiconductor company’s stock after selling 9,680 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Teradyne were worth $397,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TER. Columbus Circle Investors increased its position in shares of Teradyne by 16.5% in the third quarter. Columbus Circle Investors now owns 723,945 shares of the semiconductor company’s stock worth $26,996,000 after purchasing an additional 102,392 shares during the period. Macquarie Group Ltd. grew its position in Teradyne by 7.9% in the third quarter. Macquarie Group Ltd. now owns 2,836,735 shares of the semiconductor company’s stock valued at $105,782,000 after acquiring an additional 206,508 shares during the last quarter. Commerce Bank bought a new position in Teradyne in the third quarter valued at about $697,000. Kayne Anderson Rudnick Investment Management LLC grew its position in Teradyne by 2,108.2% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 798,311 shares of the semiconductor company’s stock valued at $29,769,000 after acquiring an additional 762,159 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in Teradyne by 4.5% in the third quarter. Russell Investments Group Ltd. now owns 663,118 shares of the semiconductor company’s stock valued at $24,727,000 after acquiring an additional 28,757 shares during the last quarter. 96.75% of the stock is owned by institutional investors.

Shares of Teradyne, Inc. (NYSE TER) traded down $0.36 during mid-day trading on Friday, hitting $40.11. The stock had a trading volume of 2,995,329 shares, compared to its average volume of 2,451,799. Teradyne, Inc. has a 12-month low of $23.45 and a 12-month high of $44.63. The firm has a market capitalization of $7,870.00, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 1.61 and a beta of 1.04. The company has a quick ratio of 4.67, a current ratio of 4.96 and a debt-to-equity ratio of 0.17.

Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.11. Teradyne had a return on equity of 22.39% and a net margin of 21.11%. The firm had revenue of $503.40 million for the quarter, compared to analyst estimates of $472.86 million. During the same period last year, the firm posted $0.31 earnings per share. The business’s revenue for the quarter was up 22.6% on a year-over-year basis. analysts forecast that Teradyne, Inc. will post 2.22 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, November 29th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend is Tuesday, November 28th. Teradyne’s payout ratio is 13.08%.

A number of research firms have issued reports on TER. Zacks Investment Research upgraded Teradyne from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research report on Friday, September 8th. Susquehanna Bancshares reiterated a “neutral” rating and issued a $41.00 target price (up previously from $32.00) on shares of Teradyne in a research report on Monday, September 18th. BidaskClub upgraded Teradyne from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Robert W. Baird reiterated a “positive” rating and issued a $48.00 target price (up previously from $37.00) on shares of Teradyne in a research report on Friday, October 27th. Finally, KeyCorp reiterated an “outperform” rating and issued a $40.00 target price on shares of Teradyne in a research report on Saturday, September 16th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Teradyne currently has an average rating of “Buy” and an average target price of $41.25.

In other news, Director Michael A. Bradley sold 20,000 shares of Teradyne stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $43.67, for a total transaction of $873,400.00. Following the sale, the director now directly owns 133,504 shares of the company’s stock, valued at $5,830,119.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brad Robbins sold 12,045 shares of Teradyne stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $42.19, for a total value of $508,178.55. Following the sale, the insider now directly owns 7,126 shares in the company, valued at $300,645.94. The disclosure for this sale can be found here. Insiders have sold 213,844 shares of company stock worth $8,705,761 over the last three months. Insiders own 0.62% of the company’s stock.

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Teradyne Company Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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