Holocene Advisors LP Has $3.23 Million Stake in Teradata Co. (NYSE:TDC)

Holocene Advisors LP boosted its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 58.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,321 shares of the technology company's stock after acquiring an additional 39,104 shares during the quarter. Holocene Advisors LP owned 0.11% of Teradata worth $3,226,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Crewe Advisors LLC bought a new position in Teradata during the 2nd quarter valued at about $26,000. GAMMA Investing LLC raised its position in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company's stock worth $29,000 after purchasing an additional 447 shares during the last quarter. Hexagon Capital Partners LLC lifted its stake in shares of Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company's stock valued at $33,000 after acquiring an additional 507 shares during the period. Brooklyn Investment Group bought a new position in shares of Teradata in the 3rd quarter valued at about $32,000. Finally, Allworth Financial LP boosted its stake in Teradata by 75.2% in the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company's stock valued at $40,000 after acquiring an additional 569 shares during the last quarter. 90.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on TDC. Barclays upped their target price on shares of Teradata from $29.00 to $30.00 and gave the company an "underweight" rating in a research report on Friday. Northland Securities lowered their price target on Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. Royal Bank of Canada restated a "sector perform" rating and set a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. Evercore ISI lifted their price target on shares of Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 15th. Finally, UBS Group upped their price objective on shares of Teradata from $24.00 to $26.00 and gave the company a "sell" rating in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $40.00.

Teradata Stock Down 0.7 %

Shares of Teradata stock traded down $0.22 during trading on Friday, reaching $32.11. The stock had a trading volume of 632,558 shares, compared to its average volume of 938,717. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 38.23, a P/E/G ratio of 3.11 and a beta of 0.79. The stock has a fifty day moving average price of $30.94 and a two-hundred day moving average price of $30.90. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million during 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%. The company's quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 EPS. Sell-side analysts predict that Teradata Co. will post 1.41 EPS for the current fiscal year.

Insider Buying and Selling at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the firm's stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares of the company's stock, valued at $3,341,646.46. This trade represents a 10.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.92% of the company's stock.

Teradata Company 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.