Mn Services Vermogensbeheer B.V. Has $4.57 Million Holdings in Teradyne, Inc. (NASDAQ:TER)

Mn Services Vermogensbeheer B.V. lowered its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 7.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,300 shares of the company's stock after selling 4,300 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Teradyne were worth $4,568,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Teradyne in the fourth quarter worth about $34,000. AllSquare Wealth Management LLC lifted its position in shares of Teradyne by 200.0% in the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock worth $38,000 after buying an additional 200 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of Teradyne in the fourth quarter worth about $45,000. Sentry Investment Management LLC bought a new position in shares of Teradyne in the first quarter worth about $45,000. Finally, Atala Financial Inc bought a new position in shares of Teradyne in the fourth quarter worth about $47,000. Institutional investors and hedge funds own 99.77% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Vertical Research assumed coverage on Teradyne in a research note on Friday, March 7th. They issued a "buy" rating and a $135.00 price objective on the stock. Stifel Nicolaus dropped their price objective on Teradyne from $125.00 to $110.00 and set a "hold" rating on the stock in a research note on Wednesday, March 12th. Citigroup dropped their price objective on Teradyne from $130.00 to $100.00 and set a "buy" rating on the stock in a research note on Wednesday, March 12th. Cantor Fitzgerald dropped their price objective on Teradyne from $150.00 to $110.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 12th. Finally, KeyCorp reiterated a "sector weight" rating on shares of Teradyne in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Teradyne currently has a consensus rating of "Moderate Buy" and an average price target of $114.67.

Teradyne Stock Performance

Shares of TER stock traded up $0.03 during trading hours on Friday, hitting $86.29. The company had a trading volume of 6,559,880 shares, compared to its average volume of 2,647,482. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $163.21. The firm has a market capitalization of $13.84 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 3.77 and a beta of 1.69. The firm's fifty day moving average is $79.44 and its 200 day moving average is $99.92.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.14. Teradyne had a return on equity of 20.06% and a net margin of 19.86%. The company had revenue of $685.70 million for the quarter, compared to analyst estimates of $680.54 million. During the same period in the prior year, the company posted $0.51 EPS. The company's revenue was up 14.3% compared to the same quarter last year. On average, sell-side analysts expect that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, May 22nd were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.48 annualized dividend and a dividend yield of 0.56%. Teradyne's dividend payout ratio is currently 13.56%.

Teradyne declared that its Board of Directors has approved a stock repurchase program on Monday, April 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.