Ameritas Investment Company LLC Buys Shares of 1,454 Teradyne, Inc. (NASDAQ:TER)

Ameritas Investment Company LLC bought a new stake in shares of Teradyne, Inc. (NASDAQ:TER) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,454 shares of the company’s stock, valued at approximately $177,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Geode Capital Management LLC increased its position in shares of Teradyne by 1.6% during the 1st quarter. Geode Capital Management LLC now owns 3,119,796 shares of the company’s stock valued at $378,693,000 after purchasing an additional 48,198 shares during the last quarter. ARK Investment Management LLC increased its position in shares of Teradyne by 1,108.6% during the 1st quarter. ARK Investment Management LLC now owns 2,877,103 shares of the company’s stock valued at $350,086,000 after purchasing an additional 2,639,056 shares during the last quarter. Vontobel Asset Management Inc. increased its position in shares of Teradyne by 31.4% during the 1st quarter. Vontobel Asset Management Inc. now owns 2,853,727 shares of the company’s stock valued at $360,200,000 after purchasing an additional 681,938 shares during the last quarter. Morgan Stanley increased its position in shares of Teradyne by 81.2% during the 4th quarter. Morgan Stanley now owns 1,729,610 shares of the company’s stock valued at $207,363,000 after purchasing an additional 775,186 shares during the last quarter. Finally, Nordea Investment Management AB increased its position in shares of Teradyne by 6.5% during the 1st quarter. Nordea Investment Management AB now owns 1,624,170 shares of the company’s stock valued at $196,265,000 after purchasing an additional 98,967 shares during the last quarter. Institutional investors and hedge funds own 92.40% of the company’s stock.

NASDAQ TER opened at $128.46 on Thursday. The company has a quick ratio of 3.26, a current ratio of 3.64 and a debt-to-equity ratio of 0.15. The company has a market cap of $21.36 billion, a P/E ratio of 29.20, a P/E/G ratio of 1.62 and a beta of 1.27. Teradyne, Inc. has a one year low of $74.07 and a one year high of $147.90. The firm’s 50 day moving average price is $127.19.

Teradyne (NASDAQ:TER) last posted its earnings results on Tuesday, April 27th. The company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.06. The firm had revenue of $782.00 million during the quarter, compared to the consensus estimate of $760.43 million. Teradyne had a return on equity of 39.86% and a net margin of 25.43%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.00 EPS. On average, equities analysts expect that Teradyne, Inc. will post 5.38 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 18th. Stockholders of record on Wednesday, May 26th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.31%. Teradyne’s dividend payout ratio is currently 8.66%.

TER has been the subject of several research reports. Susquehanna reaffirmed a “hold” rating and set a $148.00 price target on shares of Teradyne in a research report on Wednesday, June 30th. Susquehanna Bancshares reaffirmed a “hold” rating and set a $148.00 price target on shares of Teradyne in a research report on Wednesday, June 30th. Morgan Stanley increased their target price on shares of Teradyne from $138.00 to $148.00 and gave the stock an “overweight” rating in a report on Thursday, April 29th. Rosenblatt Securities increased their target price on shares of Teradyne from $158.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, April 30th. Finally, Credit Suisse Group increased their target price on shares of Teradyne from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Thursday, April 29th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Teradyne currently has an average rating of “Buy” and an average target price of $133.67.

About Teradyne

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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