Jaffetilchin Investment Partners LLC Acquires Shares of 18,793 Teradyne, Inc. (TER)
Jaffetilchin Investment Partners LLC acquired a new stake in Teradyne, Inc. (NYSE:TER) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,793 shares of the semiconductor company’s stock, valued at approximately $787,000.
Other large investors have also added to or reduced their stakes in the company. WFG Advisors LP boosted its stake in Teradyne by 21.9% in the second quarter. WFG Advisors LP now owns 3,900 shares of the semiconductor company’s stock valued at $117,000 after buying an additional 700 shares in the last quarter. Fiduciary Trust Co. acquired a new stake in Teradyne in the second quarter valued at about $147,000. Bronfman E.L. Rothschild L.P. boosted its stake in Teradyne by 2,678.1% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,195 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 4,044 shares in the last quarter. Krilogy Financial LLC acquired a new stake in Teradyne in the third quarter valued at about $179,000. Finally, TLP Group LLC acquired a new stake in Teradyne in the second quarter valued at about $201,000. 96.45% of the stock is currently owned by institutional investors and hedge funds.
Shares of Teradyne, Inc. (NYSE TER) opened at $44.29 on Thursday. Teradyne, Inc. has a 12 month low of $25.72 and a 12 month high of $46.48. The company has a market capitalization of $8,690.00, a PE ratio of 20.70, a PEG ratio of 1.64 and a beta of 1.01. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.67 and a current ratio of 4.96.
Teradyne (NYSE:TER) last posted its quarterly earnings data on Wednesday, October 25th. The semiconductor company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.11. The company had revenue of $503.40 million for the quarter, compared to analyst estimates of $472.86 million. Teradyne had a return on equity of 19.95% and a net margin of 20.55%. The firm’s quarterly revenue was up 22.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 earnings per share. sell-side analysts anticipate that Teradyne, Inc. will post 2.22 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Wednesday, November 29th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date was Tuesday, November 28th. Teradyne’s dividend payout ratio is currently 13.08%.
Several analysts recently weighed in on the company. KeyCorp reaffirmed an “outperform” rating and issued a $40.00 price objective on shares of Teradyne in a research note on Saturday, September 16th. Deutsche Bank lowered Teradyne from a “buy” rating to a “hold” rating and set a $44.00 price target on the stock. in a research note on Monday, November 20th. ValuEngine lowered Teradyne from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Citigroup lifted their price target on Teradyne from $43.00 to $48.00 and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Zacks Investment Research lowered Teradyne from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $42.55.
In related news, VP Charles Jeffrey Gray sold 8,161 shares of Teradyne stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $42.25, for a total value of $344,802.25. Following the transaction, the vice president now directly owns 31,500 shares of the company’s stock, valued at $1,330,875. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michael A. Bradley sold 20,000 shares of Teradyne stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $43.67, for a total value of $873,400.00. Following the completion of the transaction, the director now directly owns 133,504 shares in the company, valued at $5,830,119.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 140,206 shares of company stock worth $6,066,881. 0.62% of the stock is owned by insiders.
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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.
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