Ownership Action Don’t Lie: Teradyne Inc (NYSE:TER): Institutional Investor Sentiment Down to 0.85

November 30, 2016 - By Richard Conner   ·   0 Comments

Ownership Action Don't Lie: Teradyne Inc (NYSE:TER): Institutional Investor Sentiment Down to 0.85

Sentiment for Teradyne Inc (NYSE:TER)

Teradyne Inc (NYSE:TER) institutional sentiment decreased to 0.85 in 2016 Q2. Its down -0.25, from 1.1 in 2016Q1. The ratio fall, as 143 hedge funds opened new and increased holdings, while 130 cut down and sold their equity positions in Teradyne Inc. The hedge funds in our partner’s database now possess: 181.79 million shares, down from 192.56 million shares in 2016Q1. Also, the number of hedge funds holding Teradyne Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 28 Reduced: 102 Increased: 101 New Position: 42.

Teradyne, Inc. supplies automation equipment for test and industrial applications. The company has a market cap of $4.89 billion. The Firm designs, develops, makes and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, computing, communications and aerospace and defense industries. It currently has negative earnings.

About 729,433 shares traded hands. Teradyne, Inc. (NYSE:TER) has risen 17.15% since April 27, 2016 and is uptrending. It has outperformed by 11.92% the S&P500.

Analysts await Teradyne, Inc. (NYSE:TER) to report earnings on January, 25. They expect $0.22 EPS, up 69.23% or $0.09 from last year’s $0.13 per share. TER’s profit will be $43.64M for 28.01 P/E if the $0.22 EPS becomes a reality. After $0.33 actual EPS reported by Teradyne, Inc. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

According to Zacks Investment Research, “Teradyne, Inc. is a manufacturer of automatic test equipment and related software for the electronics and communications industries. Products include systems to test semiconductors, circuit-boards, telephone lines and networks, and software. The company is also a manufacturer of backplanes and associated connectors used in electronic systems.”

Winslow Asset Management Inc holds 2.29% of its portfolio in Teradyne, Inc. for 520,201 shares. Lombardia Capital Partners Llc owns 1.27 million shares or 1.64% of their US portfolio. Moreover, Nwq Investment Management Company Llc has 1.63% invested in the company for 4.82 million shares. The New York-based Alkeon Capital Management Llc has invested 1.21% in the stock. Delphi Management Inc Ma, a Massachusetts-based fund reported 79,559 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 5 sales for $2.81 million net activity.

Teradyne, Inc. (NYSE:TER) Ratings Coverage

Ratings analysis reveals 42% of Teradyne’s analysts are positive. Out of 12 Wall Street analysts rating Teradyne, 5 give it “Buy”, 0 “Sell” rating, while 7 recommend “Hold”. The lowest target is $19 while the high is $27. The stock’s average target of $23.33 is -5.35% below today’s ($24.65) share price. TER was included in 18 notes of analysts from August 25, 2015. The firm has “Buy” rating by DA Davidson given on Friday, July 29. Evercore upgraded the shares of TER in a report on Thursday, December 17 to “Buy” rating. Sidoti maintained Teradyne, Inc. (NYSE:TER) rating on Wednesday, September 23. Sidoti has “Buy” rating and $24 price target. The stock has “Outperform” rating given by Cowen & Co on Friday, October 28. The stock of Teradyne, Inc. (NYSE:TER) has “Market Perform” rating given on Friday, October 28 by BMO Capital Markets. The stock of Teradyne, Inc. (NYSE:TER) earned “Neutral” rating by Goldman Sachs on Wednesday, February 3. Pacific Crest downgraded the shares of TER in a report on Thursday, October 29 to “Sector Weight” rating. The stock of Teradyne, Inc. (NYSE:TER) earned “Hold” rating by Stifel Nicolaus on Thursday, July 21. Citigroup upgraded the stock to “Buy” rating in Tuesday, September 15 report. The stock has “Neutral” rating given by Credit Suisse on Tuesday, August 25.

TER Company Profile

Teradyne, Inc. (Teradyne), incorporated on September 23, 1960, is a supplier of automation equipment for test and industrial applications. The Firm designs, develops, makes and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, computing, communications and aerospace and defense industries. The Firm operates through four divisions: Semiconductor Test, System Test, Wireless Test and Industrial Automation.

Another recent and important Teradyne, Inc. (NYSE:TER) news was published by Nasdaq.com which published an article titled: “Teradyne, Inc. (TER) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016.

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By Richard Conner

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