Raymond James Financial Inc. acquired a new stake in shares of Teradata Co. (NYSE:TDC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 106,616 shares of the technology company's stock, valued at approximately $3,321,000. Raymond James Financial Inc. owned 0.11% of Teradata as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its position in shares of Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after purchasing an additional 365 shares in the last quarter. Tealwood Asset Management Inc. grew its stake in Teradata by 0.9% in the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock valued at $1,266,000 after acquiring an additional 368 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Teradata by 3.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock valued at $361,000 after acquiring an additional 431 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Teradata by 2.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company's stock worth $618,000 after acquiring an additional 455 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D raised its position in shares of Teradata by 0.8% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 71,158 shares of the technology company's stock worth $2,217,000 after purchasing an additional 568 shares during the period. Institutional investors own 90.31% of the company's stock.
Analysts Set New Price Targets
TDC has been the subject of a number of research reports. JMP Securities reissued a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Guggenheim lowered their price objective on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. StockNews.com lowered shares of Teradata from a "strong-buy" rating to a "buy" rating in a report on Saturday. Evercore ISI reduced their target price 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. Finally, Royal Bank of Canada dropped their price target on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Teradata presently has an average rating of "Hold" and an average price target of $34.40.
Check Out Our Latest Stock Report on Teradata
Teradata Stock Performance
NYSE TDC traded down $0.52 during trading on Monday, reaching $22.46. 1,476,261 shares of the company's stock were exchanged, compared to its average volume of 1,021,288. Teradata Co. has a fifty-two week low of $21.80 and a fifty-two week high of $39.12. The stock has a market capitalization of $2.12 billion, a P/E ratio of 19.20, a PEG ratio of 6.23 and a beta of 0.75. The business has a 50 day moving average price of $26.15 and a 200-day moving average price of $29.28. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79.
Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share 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%. Sell-side analysts forecast that Teradata Co. will post 1.31 earnings per share for the current fiscal year.
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.
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