Cerity Partners LLC Boosts Stock Position in Teradata Co. (NYSE:TDC)

Cerity Partners LLC increased its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 35.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,533 shares of the technology company's stock after buying an additional 17,024 shares during the period. Cerity Partners LLC owned about 0.07% of Teradata worth $2,007,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Independence Bank of Kentucky acquired a new position in Teradata during the 4th quarter worth approximately $37,000. Aster Capital Management DIFC Ltd grew its stake in shares of Teradata by 53.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares in the last quarter. GAMMA Investing LLC increased its holdings in Teradata by 91.5% in the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock valued at $57,000 after buying an additional 874 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Teradata by 20.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after buying an additional 365 shares in the last quarter. Finally, Versant Capital Management Inc lifted its holdings in Teradata by 210.2% during the 4th quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company's stock worth $80,000 after buying an additional 1,747 shares during the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on TDC shares. Barclays cut their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday. Morgan Stanley raised shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a report on Tuesday, April 8th. Guggenheim lowered their target price on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Royal Bank of Canada cut their price target on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 12th. Finally, JMP Securities reissued a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $33.70.

Teradata Price Performance

Teradata stock traded up $0.20 during mid-day trading on Tuesday, reaching $20.15. The company had a trading volume of 1,389,349 shares, compared to its average volume of 1,044,043. The company has a market capitalization of $1.93 billion, a P/E ratio of 17.22, a P/E/G ratio of 6.23 and a beta of 0.87. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The stock's 50-day simple moving average is $22.42 and its 200-day simple moving average is $28.17. Teradata Co. has a 1 year low of $18.43 and a 1 year high of $38.45.

Teradata (NYSE:TDC - Get Free Report) last announced 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%. On average, equities analysts predict that Teradata Co. will post 1.31 EPS for the current year.

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.