UNICOM Systems Inc. Invests $3.16 Million in Teradata Co. (NYSE:TDC)

UNICOM Systems Inc. bought a new stake in Teradata Co. (NYSE:TDC - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 101,504 shares of the technology company's stock, valued at approximately $3,162,000. Teradata comprises approximately 0.8% of UNICOM Systems Inc.'s investment portfolio, making the stock its 18th largest position. UNICOM Systems Inc. owned about 0.11% of Teradata at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TDC. Creative Planning grew its holdings in shares of Teradata by 28.3% in the second quarter. Creative Planning now owns 14,752 shares of the technology company's stock valued at $510,000 after acquiring an additional 3,253 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Teradata by 88.0% during the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company's stock valued at $29,000 after purchasing an additional 447 shares during the last quarter. CWM LLC raised its stake in shares of Teradata by 293.8% during the 3rd quarter. CWM LLC now owns 21,972 shares of the technology company's stock worth $667,000 after purchasing an additional 16,393 shares during the period. Wedge Capital Management L L P NC grew its position in Teradata by 9.2% during the third quarter. Wedge Capital Management L L P NC now owns 62,120 shares of the technology company's stock valued at $1,885,000 after buying an additional 5,226 shares during the period. Finally, nVerses Capital LLC bought a new position in Teradata during the third quarter valued at about $185,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TDC shares. Barclays dropped their price objective on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research note on Wednesday. Guggenheim cut their price target on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday. Northland Securities lowered their price objective on Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Evercore ISI cut their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday. Finally, StockNews.com downgraded shares of Teradata from a "strong-buy" rating to a "buy" rating in a research note on Thursday. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $34.40.

Teradata Price Performance

Shares of TDC stock traded down $0.12 during trading hours on Friday, reaching $24.72. The stock had a trading volume of 832,889 shares, compared to its average volume of 955,154. The stock's fifty day simple moving average is $31.38 and its 200 day simple moving average is $30.27. The firm has a market capitalization of $2.37 billion, a PE ratio of 29.44, a PEG ratio of 3.19 and a beta of 0.78. Teradata Co. has a 12 month low of $22.73 and a 12 month high of $39.70. 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 (NYSE:TDC - Get Free Report) last announced 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 net margin of 4.56% and a return on equity of 145.40%. On average, equities research analysts predict that Teradata Co. will post 1.41 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.