Mizuho Securities USA LLC Has $1.94 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Mizuho Securities USA LLC raised its position in Teradyne, Inc. (NASDAQ:TER) by 45.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,436 shares of the company’s stock after acquiring an additional 4,855 shares during the period. Mizuho Securities USA LLC’s holdings in Teradyne were worth $1,944,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Van ECK Associates Corp increased its position in shares of Teradyne by 59.9% during the fourth quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock valued at $620,552,000 after purchasing an additional 1,846,079 shares during the period. Raymond James Financial Inc. acquired a new stake in Teradyne during the fourth quarter worth $160,087,000. Assenagon Asset Management S.A. increased its holdings in Teradyne by 1,767.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 923,068 shares of the company’s stock valued at $116,233,000 after buying an additional 873,626 shares during the period. Alkeon Capital Management LLC raised its stake in shares of Teradyne by 189.6% in the 3rd quarter. Alkeon Capital Management LLC now owns 1,144,017 shares of the company’s stock valued at $153,218,000 after buying an additional 749,003 shares in the last quarter. Finally, Holocene Advisors LP bought a new position in shares of Teradyne during the 3rd quarter worth about $91,129,000. Institutional investors own 99.77% of the company’s stock.

Insider Activity

In other Teradyne news, insider Richard John Burns sold 407 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $49,047.57. Following the completion of the sale, the insider now owns 20,764 shares in the company, valued at approximately $2,502,269.64. The trade was a 1.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares in the company, valued at $9,705,800. This represents a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,479 shares of company stock valued at $1,013,134 over the last 90 days. 0.36% of the stock is owned by company insiders.

Teradyne Stock Up 4.0 %

Shares of NASDAQ:TER opened at $91.00 on Tuesday. Teradyne, Inc. has a 12 month low of $82.98 and a 12 month high of $163.21. The firm has a market cap of $14.72 billion, a P/E ratio of 27.33, a P/E/G ratio of 2.83 and a beta of 1.46. The company’s 50-day moving average price is $111.88 and its two-hundred day moving average price is $118.43.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. As a group, equities analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.53%. Teradyne’s payout ratio is currently 14.41%.

Analyst Ratings Changes

A number of research firms recently weighed in on TER. Northland Securities lowered their target price on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. Citigroup lowered 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. Bank of America cut their target price on Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a research report on Wednesday, March 12th. TD Cowen dropped their price objective on Teradyne from $135.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, March 12th. Finally, Robert W. Baird cut their price objective on Teradyne from $140.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

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.