Charles Schwab Investment Management Inc. lifted its position in Teradata Co. (NYSE:TDC - Free Report) by 8.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,217,654 shares of the technology company's stock after acquiring an additional 91,211 shares during the period. Charles Schwab Investment Management Inc. owned 1.27% of Teradata worth $37,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently added to or reduced their stakes in the company. Unified Investment Management purchased a new stake in shares of Teradata during the fourth quarter worth $932,000. SRS Capital Advisors Inc. raised its holdings in Teradata by 2,111.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company's stock valued at $134,000 after acquiring an additional 4,118 shares during the last quarter. Versor Investments LP acquired a new stake in Teradata in the 4th quarter valued at about $469,000. Amalgamated Bank boosted its holdings in shares of Teradata by 2.0% during the 4th quarter. Amalgamated Bank now owns 46,944 shares of the technology company's stock worth $1,462,000 after purchasing an additional 911 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Teradata by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 930,008 shares of the technology company's stock valued at $28,970,000 after purchasing an additional 10,747 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.
Teradata Trading Up 0.3 %
Shares of NYSE TDC traded up $0.07 during trading on Wednesday, reaching $23.34. The stock had a trading volume of 617,548 shares, compared to its average volume of 1,229,964. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The company has a market cap of $2.21 billion, a P/E ratio of 19.94, a PEG ratio of 6.23 and a beta of 0.75. Teradata Co. has a fifty-two week low of $21.80 and a fifty-two week high of $39.70. The business's 50-day moving average price is $27.49 and its 200-day moving average price is $29.55.
Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. On average, equities research analysts predict that Teradata Co. will post 1.31 EPS for the current fiscal year.
Wall Street Analyst Weigh In
TDC has been the topic of a number of analyst reports. Barclays reduced their price objective on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research report on Wednesday, February 12th. Guggenheim lowered their price target on shares of Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Evercore ISI cut their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. StockNews.com upgraded shares of Teradata from a "buy" rating to a "strong-buy" rating in a report on Thursday, March 13th. Finally, Royal Bank of Canada cut their price target on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Teradata presently has an average rating of "Hold" and a consensus price target of $34.40.
View Our Latest Stock Report on TDC
About Teradata
(
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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.
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