Dynamic Technology Lab Private Ltd acquired a new position in Teradata Co. (NYSE:TDC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,480 shares of the technology company's stock, valued at approximately $420,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Teradata during the fourth quarter worth approximately $36,315,000. UNICOM Systems Inc. bought a new stake in shares of Teradata during the 4th quarter valued at $3,162,000. Unified Investment Management acquired a new position in shares of Teradata in the 4th quarter valued at $932,000. Victory Capital Management Inc. boosted its position in shares of Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after purchasing an additional 993,358 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of Teradata by 210.2% during the fourth quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company's stock worth $80,000 after purchasing an additional 1,747 shares during the period. 90.31% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Barclays reduced their target price on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a report on Wednesday, February 12th. Morgan Stanley raised shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 target price for the company in a research note on Tuesday, April 8th. Evercore ISI cut their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. StockNews.com lowered shares of Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 8th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $34.00.
Read Our Latest Research Report on TDC
Teradata Stock Performance
Shares of TDC stock traded up $0.42 during midday trading on Monday, hitting $20.87. 80,925 shares of the company were exchanged, compared to its average volume of 1,037,124. The firm has a market capitalization of $2.00 billion, a P/E ratio of 17.84, a PEG ratio of 6.23 and a beta of 0.87. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. Teradata Co. has a 52 week low of $18.43 and a 52 week high of $38.45. The firm's 50 day moving average price is $23.67 and its two-hundred day moving average price is $28.64.
Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, equities research analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current year.
About Teradata
(
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.
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