O Shares Investment Advisers LLC Lowers Stock Holdings in Teradyne, Inc. (NYSE:TER)

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O Shares Investment Advisers LLC decreased its position in shares of Teradyne, Inc. (NYSE:TER) by 0.6% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 49,393 shares of the semiconductor company’s stock after selling 319 shares during the quarter. O Shares Investment Advisers LLC’s holdings in Teradyne were worth $2,366,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisors Preferred LLC bought a new stake in Teradyne in the 2nd quarter valued at $39,000. Zions Bancorporation N.A. bought a new stake in Teradyne in the 1st quarter valued at $50,000. SevenBridge Financial Group LLC increased its holdings in Teradyne by 146.9% in the 2nd quarter. SevenBridge Financial Group LLC now owns 2,185 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 1,300 shares during the last quarter. Captrust Financial Advisors increased its holdings in Teradyne by 10.3% in the 2nd quarter. Captrust Financial Advisors now owns 2,391 shares of the semiconductor company’s stock valued at $115,000 after acquiring an additional 224 shares during the last quarter. Finally, ETF Managers Group LLC increased its holdings in Teradyne by 11.5% in the 1st quarter. ETF Managers Group LLC now owns 3,147 shares of the semiconductor company’s stock valued at $125,000 after acquiring an additional 325 shares during the last quarter.

A number of analysts have issued reports on TER shares. Stifel Nicolaus downgraded shares of Teradyne from a “buy” rating to a “hold” rating and lifted their price target for the company from $52.00 to $53.00 in a report on Thursday, July 25th. Credit Suisse Group lifted their price target on shares of Teradyne from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, July 25th. Northland Securities reiterated a “hold” rating on shares of Teradyne in a report on Monday, July 22nd. Finally, Zacks Investment Research upgraded shares of Teradyne from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a report on Saturday, September 7th. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $48.44.

In other news, Director Michael A. Bradley sold 17,115 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $57.37, for a total value of $981,887.55. Following the sale, the director now directly owns 61,742 shares in the company, valued at approximately $3,542,138.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brad Robbins sold 10,000 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $57.10, for a total transaction of $571,000.00. Following the transaction, the insider now owns 28,465 shares in the company, valued at $1,625,351.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,570 shares of company stock worth $1,978,796. Insiders own 0.49% of the company’s stock.

Shares of Teradyne stock traded up $0.45 during trading hours on Friday, reaching $57.84. The company’s stock had a trading volume of 1,733,984 shares, compared to its average volume of 2,302,928. The firm has a 50 day moving average price of $53.88 and a 200-day moving average price of $46.74. Teradyne, Inc. has a one year low of $28.73 and a one year high of $58.61. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.10 and a quick ratio of 3.76. The stock has a market cap of $9.85 billion, a P/E ratio of 24.72, a P/E/G ratio of 2.02 and a beta of 1.25.

Teradyne (NYSE:TER) last posted its earnings results on Tuesday, July 23rd. The semiconductor company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.04. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The firm had revenue of $564.00 million for the quarter, compared to the consensus estimate of $536.72 million. During the same period in the previous year, the firm posted $0.59 EPS. The business’s quarterly revenue was up 7.0% on a year-over-year basis. As a group, sell-side analysts forecast that Teradyne, Inc. will post 2.25 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Wednesday, September 4th will be issued a $0.09 dividend. The ex-dividend date is Tuesday, September 3rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.62%. Teradyne’s dividend payout ratio (DPR) is presently 15.38%.

Teradyne Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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