Capitolis Liquid Global Markets LLC Acquires Shares of 74,000 Teradyne, Inc. $TER

Capitolis Liquid Global Markets LLC acquired a new stake in Teradyne, Inc. (NASDAQ:TER) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 74,000 shares of the company’s stock, valued at approximately $10,185,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Integrated Wealth Concepts LLC raised its holdings in shares of Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after purchasing an additional 468 shares during the last quarter. Caxton Associates LLP acquired a new stake in Teradyne during the 1st quarter worth about $297,000. Allworth Financial LP grew its position in Teradyne by 81.4% during the 2nd quarter. Allworth Financial LP now owns 1,442 shares of the company’s stock worth $130,000 after purchasing an additional 647 shares during the period. SBI Securities Co. Ltd. raised its stake in shares of Teradyne by 43.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,305 shares of the company’s stock valued at $117,000 after buying an additional 398 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Teradyne by 2.6% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 84,245 shares of the company’s stock valued at $7,575,000 after buying an additional 2,156 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Teradyne in a research note on Thursday, January 22nd. Wall Street Zen upgraded Teradyne from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Cantor Fitzgerald boosted their price target on Teradyne from $240.00 to $270.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. TD Cowen restated a “buy” rating on shares of Teradyne in a research report on Thursday, January 22nd. Finally, Robert W. Baird set a $305.00 price objective on shares of Teradyne in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $273.73.

Teradyne Stock Down 0.1%

NASDAQ:TER opened at $286.42 on Monday. Teradyne, Inc. has a 52 week low of $65.77 and a 52 week high of $344.92. The stock’s 50-day moving average price is $274.81 and its 200-day moving average price is $200.27. The stock has a market capitalization of $44.84 billion, a PE ratio of 82.30, a price-to-earnings-growth ratio of 1.78 and a beta of 1.76.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.44. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.Teradyne’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.95 EPS. Sell-side analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 13th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 13th. Teradyne’s dividend payout ratio is presently 14.94%.

Teradyne Profile

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.