National Bank of Canada FI Buys Shares of 43,900 Teradata Co. (NYSE:TDC)

National Bank of Canada FI purchased a new stake in Teradata Co. (NYSE:TDC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 43,900 shares of the technology company's stock, valued at approximately $1,367,000.

Several other large investors also recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC boosted its position in Teradata by 20.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after buying an additional 365 shares during the period. Tealwood Asset Management Inc. increased its stake in Teradata by 0.9% in the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock valued at $1,266,000 after purchasing an additional 368 shares during the last quarter. Xponance Inc. lifted its position in shares of Teradata by 2.3% during the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock worth $594,000 after buying an additional 428 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Teradata by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock valued at $361,000 after buying an additional 431 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Teradata by 2.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company's stock valued at $618,000 after acquiring an additional 455 shares during the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Guggenheim decreased their price objective on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. StockNews.com cut shares of Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 8th. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a research report on Tuesday, April 8th. Evercore ISI decreased their price target on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Finally, Royal Bank of Canada dropped their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $34.00.

Teradata Stock Up 1.9 %

NYSE:TDC traded up $0.40 during mid-day trading on Monday, hitting $20.85. The company had a trading volume of 45,109 shares, compared to its average volume of 1,037,032. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 6.23 and a beta of 0.87. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Teradata Co. has a 1 year low of $18.43 and a 1 year high of $38.45. The business has a fifty day simple moving average of $23.67 and a 200-day simple moving average of $28.64.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Equities analysts forecast that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Teradata Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.