HUB Investment Partners LLC Makes New Investment in Teradyne, Inc. $TER

HUB Investment Partners LLC acquired a new stake in Teradyne, Inc. (NASDAQ:TERFree Report) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 1,889 shares of the company’s stock, valued at approximately $260,000.

Several other hedge funds have also recently modified their holdings of TER. Huntington National Bank grew its holdings in shares of Teradyne by 1.8% in the third quarter. Huntington National Bank now owns 3,566 shares of the company’s stock valued at $491,000 after acquiring an additional 64 shares in the last quarter. Hemington Wealth Management increased its position in shares of Teradyne by 43.2% during the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock valued at $36,000 after acquiring an additional 79 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Teradyne by 5.8% during the third quarter. Versant Capital Management Inc now owns 1,494 shares of the company’s stock worth $206,000 after acquiring an additional 82 shares during the period. LS Investment Advisors LLC lifted its holdings in Teradyne by 2.3% during the third quarter. LS Investment Advisors LLC now owns 3,945 shares of the company’s stock worth $543,000 after acquiring an additional 89 shares during the period. Finally, CVA Family Office LLC boosted its position in Teradyne by 28.9% in the third quarter. CVA Family Office LLC now owns 424 shares of the company’s stock worth $58,000 after purchasing an additional 95 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $201.31, for a total transaction of $223,051.48. Following the sale, the chief executive officer directly owned 93,409 shares of the company’s stock, valued at $18,804,165.79. This represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is currently owned by company insiders.

Teradyne Price Performance

NASDAQ:TER opened at $300.77 on Wednesday. The business has a fifty day simple moving average of $269.20 and a two-hundred day simple moving average of $196.59. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $344.92. The company has a market capitalization of $47.09 billion, a P/E ratio of 86.43, a P/E/G ratio of 1.84 and a beta of 1.76.

Teradyne (NASDAQ:TERGet Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.44. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $970.44 million. During the same period in the previous year, the company posted $0.95 earnings per share. The business’s revenue was up 43.9% on a year-over-year basis. As a group, analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, February 13th. Teradyne’s payout ratio is currently 14.94%.

Analysts Set New Price Targets

A number of brokerages have issued reports on TER. Morgan Stanley set a $306.00 price objective on Teradyne in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a research note on Thursday, January 22nd. Royal Bank Of Canada set a $270.00 price target on shares of Teradyne in a report on Monday, February 2nd. Northland Securities restated a “market perform” rating and set a $270.00 price target on shares of Teradyne in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus set a $325.00 price objective on shares of Teradyne in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Teradyne presently has an average rating of “Moderate Buy” and an average target price of $256.24.

Read Our Latest Analysis on Teradyne

Teradyne Profile

(Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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