Hillsdale Investment Management Inc. grew its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 920.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 166,300 shares of the technology company's stock after acquiring an additional 150,000 shares during the quarter. Hillsdale Investment Management Inc. owned about 0.17% of Teradata worth $5,180,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of TDC. Point72 Asset Management L.P. bought a new position in Teradata during the third quarter valued at $27,000. Brooklyn Investment Group purchased a new stake in shares of Teradata during the 3rd quarter valued at about $32,000. Independence Bank of Kentucky bought a new position in shares of Teradata in the 4th quarter valued at about $37,000. Groupama Asset Managment purchased a new position in Teradata in the third quarter worth about $50,000. Finally, GAMMA Investing LLC increased its stake in Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock worth $57,000 after acquiring an additional 874 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.
Teradata Trading Down 0.7 %
Shares of TDC traded down $0.16 during midday trading on Wednesday, reaching $23.70. The company had a trading volume of 1,287,777 shares, compared to its average volume of 959,445. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata Co. has a 1-year low of $21.80 and a 1-year high of $39.70. The firm has a 50 day simple moving average of $26.62 and a 200-day simple moving average of $29.36. The stock has a market cap of $2.24 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75.
Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (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%. Research analysts forecast that Teradata Co. will post 1.31 EPS for the current fiscal year.
Analysts Set New Price Targets
Several analysts recently weighed in on TDC shares. Royal Bank of Canada decreased their price target on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 12th. Guggenheim reduced their target price on shares of Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. Evercore ISI dropped their price target on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. StockNews.com raised shares of Teradata from a "buy" rating to a "strong-buy" rating in a research report on Thursday, March 13th. Finally, JMP Securities reissued 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, four have issued a hold rating, three have given a buy rating and one has assigned a strong 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 $34.40.
Read Our Latest Research Report on TDC
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.
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
