Teradyne (TER) Stock Price Declined While Ajo LP Has Cut Stake; As Freightcar Amer (RAIL) Share Value Rose, Fairfax Financial Holdings LTD Can Raised Stake

June 13, 2018 - By Adrian Mccoy

Teradyne, Inc. (NYSE:TER) Logo

Prem Watsa increased its stake in Freightcar Amer Inc (RAIL) by 20% based on its latest 2018Q1 regulatory filing with the SEC. Fairfax Financial Holdings Ltd Can bought 30,000 shares as the company’s stock rose 15.61% while stock markets declined. The hedge fund run by Prem Watsa held 180,000 shares of the capital goods company at the end of 2018Q1, valued at $2.41M, up from 150,000 at the end of the previous reported quarter. Fairfax Financial Holdings Ltd Can who had been investing in Freightcar Amer Inc for a number of months, seems to be bullish on the $202.47M market cap company. The stock decreased 1.57% or $0.26 during the last trading session, reaching $16.27. About 39,530 shares traded. FreightCar America, Inc. (NASDAQ:RAIL) has risen 4.49% since June 13, 2017 and is uptrending. It has underperformed by 8.08% the S&P500. Some Historical RAIL News: 05/04/2018 Report: Developing Opportunities within Insulet, Karyopharm Therapeutics, Playa Hotels & Resorts N.V, Cision Ltd., Freightcar A; 02/05/2018 – FreightCar America 1Q Loss/Shr 51c; 02/05/2018 – FreightCar America Raising Delivery Outlook for 2018; 19/04/2018 – DJ FreightCar America Inc, Inst Holders, 1Q 2018 (RAIL); 30/05/2018 – Analysis: Positioning to Benefit within Aldeyra Therapeutics, Freightcar America, Bank of Hawaii, Heritage-Crystal Clean, Amedi; 02/05/2018 – FreightCar America 1Q Rev $83M

Ajo Lp decreased its stake in Teradyne (TER) by 96.69% based on its latest 2018Q1 regulatory filing with the SEC. Ajo Lp sold 525,941 shares as the company’s stock declined 14.92% with the market. The institutional investor held 18,011 shares of the capital goods company at the end of 2018Q1, valued at $823,000, down from 543,952 at the end of the previous reported quarter. Ajo Lp who had been investing in Teradyne for a number of months, seems to be less bullish one the $7.46 billion market cap company. The stock decreased 0.23% or $0.09 during the last trading session, reaching $39. About 2.08M shares traded. Teradyne, Inc. (NYSE:TER) has risen 9.59% since June 13, 2017 and is uptrending. It has underperformed by 2.98% the S&P500. Some Historical TER News: 25/04/2018 – TERADYNE PURCHASES PRIVATELY HELD MIR OF ODENSE; 24/04/2018 – Teradyne Sees 2Q EPS 39c-EPS 46c; 25/04/2018 – Teradyne to Buy Maker of Autonomous Mobile Robots — Deal Digest; 25/04/2018 – Teradyne and Mobile Industrial Robots (MiR) Announce Teradyne’s Acquisition of MiR, Leader in Collaborative Autonomous Mobile; 08/05/2018 – Teradyne Declares Dividend of 9c; 18/04/2018 APPLE IS SAID TO HAVE TERADYNE TEST POWER-MANAGEMENT CHIPS: EDN; 24/04/2018 – TERADYNE 1Q ADJ EPS 45C, EST. 43C; 08/05/2018 – Teradyne Declares Quarterly Cash Dividend; 24/04/2018 – Teradyne: Demand Outlook for 2018 Mobile Device Test Capacity Declined Sharply in 1q; 25/04/2018 – Teradyne to Pay Up to Additional $124M if Performance Targets Met

Since May 18, 2018, it had 1 buying transaction, and 1 insider sale for $9,423 activity.

Investors sentiment decreased to 0.98 in 2018 Q1. Its down 0.36, from 1.34 in 2017Q4. It worsened, as 10 investors sold RAIL shares while 31 reduced holdings. 13 funds opened positions while 27 raised stakes. 9.35 million shares or 1.68% less from 9.51 million shares in 2017Q4 were reported. Bnp Paribas Arbitrage Sa holds 0% or 2,462 shares in its portfolio. Pacific Ridge Ltd holds 0.5% or 138,190 shares in its portfolio. Vanguard Group stated it has 549,913 shares. Massmutual Co Fsb Adv reported 3,200 shares or 0% of all its holdings. State Street accumulated 222,256 shares. Ameritas Inv Ptnrs Inc has invested 0% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL). Blackrock invested in 828,241 shares. Moreover, Walthausen Ltd Liability Corporation has 0.58% invested in FreightCar America, Inc. (NASDAQ:RAIL) for 436,820 shares. Acadian Asset Management Lc holds 0% or 7,617 shares in its portfolio. Renaissance Llc owns 0% invested in FreightCar America, Inc. (NASDAQ:RAIL) for 64,700 shares. Boston Prtn invested in 1.03 million shares. Alliancebernstein LP reported 0% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL). Pinnacle Lc has invested 0% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL). Trexquant Inv Ltd Partnership reported 12,090 shares. California State Teachers Retirement Sys has 18,758 shares.

Another recent and important FreightCar America, Inc. (NASDAQ:RAIL) news was published by Nasdaq.com which published an article titled: “Mid-Afternoon Market Update: Applied Materials Falls On Weak Sales Forecast; Quotient Shares Spike Higher” on May 18, 2018.

Among 5 analysts covering FreightCar America (NASDAQ:RAIL), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. FreightCar America had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, November 7. The rating was upgraded by Zacks to “Hold” on Friday, August 7. The company was maintained on Friday, September 8 by Cowen & Co. The firm has “Hold” rating by Cowen & Co given on Thursday, March 1. Longbow initiated FreightCar America, Inc. (NASDAQ:RAIL) on Wednesday, June 21 with “Hold” rating. On Tuesday, September 19 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Hold” rating on Monday, May 7 by Stifel Nicolaus. As per Wednesday, May 4, the company rating was downgraded by Longbow. Cowen & Co maintained FreightCar America, Inc. (NASDAQ:RAIL) on Monday, July 10 with “Hold” rating. The firm has “Market Perform” rating by Cowen & Co given on Wednesday, November 2.

Among 18 analysts covering Teradyne (NYSE:TER), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Teradyne had 53 analyst reports since August 25, 2015 according to SRatingsIntel. Craig Hallum upgraded Teradyne, Inc. (NYSE:TER) on Tuesday, August 25 to “Hold” rating. The company was maintained on Wednesday, January 24 by Stifel Nicolaus. Cowen & Co maintained Teradyne, Inc. (NYSE:TER) on Thursday, January 26 with “Outperform” rating. The stock of Teradyne, Inc. (NYSE:TER) earned “Market Perform” rating by BMO Capital Markets on Friday, October 28. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, April 26. DA Davidson maintained Teradyne, Inc. (NYSE:TER) on Friday, July 29 with “Buy” rating. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, February 3. The firm earned “Buy” rating on Thursday, October 12 by KeyBanc Capital Markets. KeyBanc Capital Markets maintained it with “Buy” rating and $40.0 target in Tuesday, September 5 report. The firm has “Outperform” rating given on Friday, October 28 by Cowen & Co.

Analysts await Teradyne, Inc. (NYSE:TER) to report earnings on July, 25. They expect $0.49 EPS, down 45.56% or $0.41 from last year’s $0.9 per share. TER’s profit will be $93.74 million for 19.90 P/E if the $0.49 EPS becomes a reality. After $0.45 actual EPS reported by Teradyne, Inc. for the previous quarter, Wall Street now forecasts 8.89% EPS growth.

Since January 26, 2018, it had 0 insider purchases, and 5 sales for $6.73 million activity. The insider Beecher Gregory R sold $3.32 million. 7,431 Teradyne, Inc. (NYSE:TER) shares with value of $330,763 were sold by Smith Gregory Stephen. $1.35 million worth of Teradyne, Inc. (NYSE:TER) was sold by JAGIELA MARK E on Friday, February 2.

Investors sentiment increased to 1.11 in Q1 2018. Its up 0.16, from 0.95 in 2017Q4. It improved, as 43 investors sold TER shares while 118 reduced holdings. 53 funds opened positions while 125 raised stakes. 181.84 million shares or 2.01% less from 185.57 million shares in 2017Q4 were reported. Moreover, Ftb Advsr Inc has 0% invested in Teradyne, Inc. (NYSE:TER). Gsa Partners Limited Liability Partnership has 0.19% invested in Teradyne, Inc. (NYSE:TER). Thrivent Financial For Lutherans has invested 0.25% in Teradyne, Inc. (NYSE:TER). Jpmorgan Chase And holds 0.04% in Teradyne, Inc. (NYSE:TER) or 4.33 million shares. Alliancebernstein Limited Partnership has 125,727 shares for 0% of their portfolio. 28,000 were accumulated by Herald Investment Management. Eaton Vance holds 0.01% or 63,937 shares. First Republic Investment Management holds 0.05% or 139,650 shares. Blackrock has invested 0.04% in Teradyne, Inc. (NYSE:TER). Massmutual Trust Fsb Adv accumulated 0% or 100 shares. Archford Strategies stated it has 26 shares or 0% of all its holdings. Stifel Finance reported 128,814 shares. New Mexico Educational Retirement Board stated it has 54,100 shares or 0.09% of all its holdings. Nordea Investment Management owns 392,379 shares for 0.04% of their portfolio. Clarivest Asset Management Ltd Liability Co holds 0.04% of its portfolio in Teradyne, Inc. (NYSE:TER) for 54,812 shares.

Ajo Lp, which manages about $24.49B and $21.84 billion US Long portfolio, upped its stake in American Eqty Invt Life (NYSE:AEL) by 29,216 shares to 419,323 shares, valued at $12.31M in 2018Q1, according to the filing. It also increased its holding in Vectrus by 50,232 shares in the quarter, for a total of 156,435 shares, and has risen its stake in Resolute Forest Prods (NYSE:RFP).

More news for Teradyne, Inc. (NYSE:TER) were recently published by: Nasdaq.com, which released: “Recent Analysis Shows Independent Bank, Teradyne, Cummins, Concho Resources, Ameren, and Aflac Market …” on June 11, 2018. Globenewswire.com‘s article titled: “Teradyne Tops VLSIresearch Customer Satisfaction Survey for Sixth Consecutive Year” and published on May 23, 2018 is yet another important article.

FreightCar America, Inc. (NASDAQ:RAIL) Institutional Positions Chart

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