Mn Services Vermogensbeheer B.V. Has $12.04 Million Stake in Teradyne, Inc. $TER

Mn Services Vermogensbeheer B.V. boosted its position in shares of Teradyne, Inc. (NASDAQ:TER) by 3.0% during the 4th quarter, HoldingsChannel reports. The firm owned 62,219 shares of the company’s stock after buying an additional 1,819 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Teradyne were worth $12,043,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its position in Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after buying an additional 468 shares during the period. Caxton Associates LLP acquired a new stake in Teradyne during the 1st quarter worth about $297,000. Quadrant Capital Group LLC grew its stake in Teradyne by 42.8% during the 2nd quarter. Quadrant Capital Group LLC now owns 5,481 shares of the company’s stock valued at $493,000 after acquiring an additional 1,642 shares in the last quarter. Norges Bank purchased a new position in Teradyne during the 2nd quarter valued at about $152,854,000. Finally, Schroder Investment Management Group increased its holdings in shares of Teradyne by 5.0% in the 2nd quarter. Schroder Investment Management Group now owns 18,514 shares of the company’s stock valued at $1,665,000 after purchasing an additional 886 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Stock Performance

NASDAQ:TER opened at $312.20 on Thursday. The company has a market capitalization of $48.88 billion, a P/E ratio of 89.71, a P/E/G ratio of 1.84 and a beta of 1.79. The stock’s 50 day moving average price is $294.57 and its 200 day moving average price is $216.37. Teradyne, Inc. has a 52 week low of $65.77 and a 52 week high of $344.92.

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

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 13th were paid a $0.12 dividend. 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 payout ratio is presently 14.94%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TER. Robert W. Baird increased their price target on shares of Teradyne from $305.00 to $332.00 and gave the stock an “outperform” rating in a research report on Monday. Northland Securities reaffirmed a “market perform” rating and set a $270.00 price objective on shares of Teradyne in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of Teradyne from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Evercore increased their target price on shares of Teradyne from $200.00 to $280.00 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Finally, TD Cowen reissued a “buy” rating on shares of Teradyne in a research note on Thursday, January 22nd. One 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $275.53.

About Teradyne

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.