Russell Investments Group Ltd. decreased its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 27.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 258,064 shares of the technology company's stock after selling 100,024 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.27% of Teradata worth $8,039,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Venturi Wealth Management LLC grew 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 purchasing an additional 365 shares during the last quarter. Tealwood Asset Management Inc. lifted its position in Teradata by 0.9% during the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock valued at $1,266,000 after purchasing an additional 368 shares during the period. Xponance Inc. grew its holdings in Teradata by 2.3% during the fourth quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock worth $594,000 after acquiring an additional 428 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Teradata by 3.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock valued at $361,000 after purchasing an additional 431 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position 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 during the period. Institutional investors own 90.31% of the company's stock.
Analyst Ratings Changes
Several research firms recently weighed in on TDC. JMP Securities restated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Evercore ISI cut their price target on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target for the company in a report on Tuesday, April 8th. Barclays lowered their target price on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a report on Wednesday, February 12th. Finally, Guggenheim reduced their price target 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. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $34.00.
Read Our Latest Stock Analysis on TDC
Teradata Stock Performance
Shares of NYSE TDC traded up $0.11 during mid-day trading on Thursday, hitting $20.38. The company had a trading volume of 819,612 shares, compared to its average volume of 1,040,639. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 6.23 and a beta of 0.87. The firm's 50 day simple moving average is $23.03 and its two-hundred day simple moving average is $28.46. 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 Co. has a 12 month low of $18.43 and a 12 month high of $38.45.
Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, equities research analysts forecast that Teradata Co. will post 1.31 earnings per share for the current 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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