Oppenheimer Asset Management Inc. Sells 12,751 Shares of Teradata Co. (NYSE:TDC)

Oppenheimer Asset Management Inc. lowered its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 10.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 115,219 shares of the technology company's stock after selling 12,751 shares during the period. Oppenheimer Asset Management Inc. owned approximately 0.12% of Teradata worth $3,589,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Point72 Asset Management L.P. purchased a new stake in shares of Teradata during the 3rd quarter valued at about $27,000. Brooklyn Investment Group purchased a new stake in Teradata in the 3rd quarter worth approximately $32,000. Independence Bank of Kentucky purchased a new stake in Teradata in the 4th quarter worth approximately $37,000. Allworth Financial LP grew its holdings in Teradata by 75.2% during the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company's stock valued at $40,000 after buying an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Teradata by 2,934.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company's stock valued at $44,000 after buying an additional 1,291 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Northland Securities cut their price objective on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Guggenheim lowered their target price on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. JMP Securities reiterated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. StockNews.com downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research report on Thursday, February 13th. Finally, Royal Bank of Canada lowered their target price on Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $34.40.

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Teradata Trading Up 1.0 %

TDC traded up $0.23 during trading on Wednesday, reaching $23.49. The company had a trading volume of 1,609,996 shares, compared to its average volume of 1,185,150. The stock has a market cap of $2.22 billion, a P/E ratio of 20.07, a PEG ratio of 6.23 and a beta of 0.78. The business has a 50 day simple moving average of $29.21 and a 200-day simple moving average of $29.92. Teradata Co. has a 52 week low of $22.73 and a 52 week high of $39.70. 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 (NYSE:TDC - Get Free Report) last issued 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 return on equity of 149.16% and a net margin of 6.51%. On average, equities analysts anticipate that Teradata Co. will post 1.31 EPS 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.