Kestra Investment Management LLC Acquires 10,392 Shares of Teradata Co. (NYSE:TDC)

Kestra Investment Management LLC grew its stake in Teradata Co. (NYSE:TDC - Free Report) by 53.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,988 shares of the technology company's stock after acquiring an additional 10,392 shares during the quarter. Kestra Investment Management LLC's holdings in Teradata were worth $934,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Point72 Asset Management L.P. bought a new stake in shares of Teradata in the 3rd quarter valued at $27,000. Brooklyn Investment Group bought a new position 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 during the 4th quarter valued at about $37,000. Allworth Financial LP increased its position in shares of 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 acquiring an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Teradata by 2,934.1% during the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company's stock worth $44,000 after acquiring an additional 1,291 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. StockNews.com downgraded shares of Teradata from a "strong-buy" rating to a "buy" rating in a research report on Thursday, February 13th. Guggenheim cut their price target on Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. Royal Bank of Canada cut 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. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Northland Securities decreased their price target on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Teradata presently has a consensus rating of "Hold" and an average target price of $34.40.

Teradata Stock Performance

Teradata stock traded down $0.57 during midday trading on Friday, reaching $23.34. 1,267,654 shares of the company's stock were exchanged, compared to its average volume of 1,037,443. Teradata Co. has a 52 week low of $22.73 and a 52 week high of $39.70. 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 firm has a market cap of $2.23 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 6.35 and a beta of 0.78. The stock's 50-day simple moving average is $30.58 and its 200 day simple moving average is $30.02.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, analysts expect that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

About Teradata

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.