Perigon Wealth Management LLC purchased a new stake in Teradata Co. (NYSE:TDC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,618 shares of the technology company's stock, valued at approximately $515,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. purchased a new stake in shares of Teradata in the third quarter valued at $27,000. GAMMA Investing LLC lifted its stake 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 acquiring an additional 447 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Teradata during the 3rd quarter worth about $32,000. Allworth Financial LP grew its stake 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 acquiring an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in shares of Teradata by 2,934.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company's stock valued at $44,000 after purchasing an additional 1,291 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.
Teradata Stock Performance
NYSE:TDC traded up $0.42 during mid-day trading on Tuesday, hitting $31.95. 694,592 shares of the company's stock traded hands, compared to its average volume of 763,104. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 38.03, a price-to-earnings-growth ratio of 3.30 and a beta of 0.78. The firm has a 50 day moving average of $31.69 and a two-hundred day moving average of $30.38. 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 12 month low of $24.02 and a 12 month 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 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The company had revenue of $440.00 million during the quarter, compared to analysts' expectations of $417.71 million. During the same period in the prior year, the business earned $0.14 earnings per share. Teradata's revenue for the quarter was up .5% compared to the same quarter last year. On average, equities analysts forecast that Teradata Co. will post 1.41 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on TDC shares. UBS Group upped their price target on shares of Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a research note on Tuesday, November 5th. Evercore ISI upped their target price on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 15th. Northland Securities reduced their price target on Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Royal Bank of Canada restated a "sector perform" rating and issued a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. Finally, Barclays lifted their target price on shares of Teradata from $29.00 to $30.00 and gave the company an "underweight" rating in a research note on Friday, December 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $40.00.
Read Our Latest Stock Analysis on Teradata
Teradata Company Profile
(
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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