Securian Asset Management Inc. Sells 366 Shares of Teradyne, Inc. (NASDAQ:TER)

Securian Asset Management Inc. reduced its stake in Teradyne, Inc. (NASDAQ:TERGet Rating) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,868 shares of the company’s stock after selling 366 shares during the period. Securian Asset Management Inc.’s holdings in Teradyne were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Empirical Finance LLC boosted its holdings in shares of Teradyne by 23.1% in the 3rd quarter. Empirical Finance LLC now owns 3,443 shares of the company’s stock worth $259,000 after acquiring an additional 647 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Teradyne by 43.5% in the 3rd quarter. First Trust Advisors LP now owns 181,170 shares of the company’s stock worth $13,614,000 after acquiring an additional 54,930 shares in the last quarter. Barclays PLC boosted its holdings in shares of Teradyne by 24.8% in the 3rd quarter. Barclays PLC now owns 678,473 shares of the company’s stock worth $50,987,000 after acquiring an additional 134,867 shares in the last quarter. Hartford Investment Management Co. boosted its holdings in shares of Teradyne by 7.7% in the 3rd quarter. Hartford Investment Management Co. now owns 25,506 shares of the company’s stock worth $1,917,000 after acquiring an additional 1,832 shares in the last quarter. Finally, Boothbay Fund Management LLC acquired a new position in shares of Teradyne in the 3rd quarter worth approximately $601,000. 97.05% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Teradyne news, VP Charles Jeffrey Gray sold 11,070 shares of Teradyne stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $100.54, for a total transaction of $1,112,977.80. Following the transaction, the vice president now directly owns 22,706 shares in the company, valued at $2,282,861.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Teradyne news, VP Charles Jeffrey Gray sold 11,070 shares of Teradyne stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $100.54, for a total value of $1,112,977.80. Following the sale, the vice president now owns 22,706 shares of the company’s stock, valued at approximately $2,282,861.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mercedes Johnson sold 750 shares of Teradyne stock in a transaction dated Thursday, April 20th. The shares were sold at an average price of $100.00, for a total value of $75,000.00. Following the completion of the sale, the director now directly owns 17,487 shares in the company, valued at approximately $1,748,700. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,506 shares of company stock worth $1,256,578. Corporate insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

TER has been the topic of several recent analyst reports. Citigroup boosted their target price on Teradyne from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Sunday, February 5th. Morgan Stanley increased their price objective on Teradyne from $92.00 to $101.00 and gave the company an “equal weight” rating in a research report on Friday, January 27th. StockNews.com assumed coverage on Teradyne in a research report on Thursday, March 16th. They issued a “hold” rating on the stock. TheStreet upgraded Teradyne from a “c+” rating to a “b-” rating in a research report on Tuesday, January 24th. Finally, Northland Securities increased their price objective on Teradyne from $84.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, January 27th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Teradyne has an average rating of “Hold” and a consensus target price of $91.00.

Teradyne Stock Down 0.4 %

NASDAQ:TER opened at $97.60 on Tuesday. Teradyne, Inc. has a 12-month low of $67.81 and a 12-month high of $115.48. The firm has a market capitalization of $15.23 billion, a P/E ratio of 23.13, a P/E/G ratio of 4.47 and a beta of 1.56. The stock’s fifty day simple moving average is $103.36 and its 200-day simple moving average is $99.37.

Teradyne (NASDAQ:TERGet Rating) last posted its earnings results on Wednesday, January 25th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.17. The firm had revenue of $731.84 million for the quarter, compared to analyst estimates of $711.84 million. Teradyne had a return on equity of 30.09% and a net margin of 22.68%. The company’s revenue for the quarter was down 17.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.37 earnings per share. As a group, equities research analysts expect that Teradyne, Inc. will post 2.92 earnings per share for the current year.

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 17th. Shareholders of record on Friday, February 17th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, February 16th. This represents a $0.44 annualized dividend and a yield of 0.45%. Teradyne’s dividend payout ratio is presently 10.43%.

Teradyne Company Profile

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Teradyne, Inc engages in the development and sale of automatic test systems. It operates through the following business segments: Semiconductor Test, System Test, Robotics, Wireless Test, and Corporate. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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