Barclays PLC raised its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 49.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 169,687 shares of the technology company's stock after acquiring an additional 55,979 shares during the period. Barclays PLC owned approximately 0.18% of Teradata worth $5,150,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Crewe Advisors LLC acquired a new stake in Teradata in the 2nd quarter worth about $26,000. Point72 Asset Management L.P. bought a new position in shares of Teradata during the third quarter worth approximately $27,000. GAMMA Investing LLC raised its position in shares of Teradata by 88.0% in the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company's stock valued at $29,000 after buying an additional 447 shares in the last quarter. Brooklyn Investment Group bought a new stake in shares of Teradata in the third quarter valued at approximately $32,000. Finally, Allworth Financial LP grew its position in Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company's stock worth $40,000 after buying an additional 569 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.
Teradata Stock Performance
TDC remained flat at $32.23 on Friday. The company's stock had a trading volume of 2,337,463 shares, compared to its average volume of 937,558. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. The stock has a market cap of $3.08 billion, a P/E ratio of 38.37, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The firm's fifty day moving average price is $31.39 and its 200-day moving average price is $30.90.
Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. Teradata's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 EPS. Sell-side analysts anticipate that Teradata Co. will post 1.41 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have recently weighed in on TDC. Barclays upped their target price on Teradata from $29.00 to $30.00 and gave the company an "underweight" rating in a research report on Friday, December 6th. UBS Group increased their price objective on shares of Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a research note on Tuesday, November 5th. Northland Securities dropped their target price on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $32.00 price target on shares of Teradata in a report on Tuesday, November 5th. Finally, Evercore ISI lifted their price objective on shares of Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a research note on Tuesday, October 15th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $40.00.
Check Out Our Latest Report on Teradata
Teradata Company Profile
(
Free Report)
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.
Further Reading
Before you consider Teradata, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Teradata wasn't on the list.
While Teradata currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.