Arkadios Wealth Advisors Makes New Investment in Teradata Corporation (NYSE:TDC)

Key Points

• Arkadios Wealth Advisors invested approximately $427,000 in Teradata Corporation by acquiring 19,010 shares during the 1st quarter of the year.
• Institutional ownership is high, with 90.31% of Teradata's stock held by hedge funds and other institutional investors.
• Analysts have mixed ratings for the stock; it currently has a consensus rating of "Hold" and an average target price of $27.25.

Arkadios Wealth Advisors bought a new position in Teradata Corporation (NYSE:TDC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 19,010 shares of the technology company's stock, valued at approximately $427,000.

Several other large investors have also recently added to or reduced their stakes in TDC. Aster Capital Management DIFC Ltd increased its holdings 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 valued at $49,000 after purchasing an additional 543 shares during the period. Vise Technologies Inc. increased its holdings in shares of Teradata by 7.4% during the fourth quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company's stock valued at $298,000 after purchasing an additional 662 shares during the period. UMB Bank n.a. increased its holdings in shares of Teradata by 153.1% during the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock valued at $43,000 after purchasing an additional 1,153 shares during the period. Tsfg LLC acquired a new position in shares of Teradata during the first quarter valued at $26,000. Finally, Cetera Investment Advisers increased its holdings in shares of Teradata by 13.8% during the first quarter. Cetera Investment Advisers now owns 10,255 shares of the technology company's stock valued at $231,000 after purchasing an additional 1,246 shares during the period. 90.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TDC has been the topic of a number of research analyst reports. Northland Capmk lowered Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Northland Securities lowered Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price on the stock. in a report on Wednesday, May 7th. UBS Group lowered their target price on Teradata from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Wednesday. Guggenheim lowered their target price on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Finally, Barclays lowered their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $26.86.

Teradata Trading Down 2.1%

Shares of NYSE:TDC traded down $0.43 during midday trading on Friday, reaching $20.37. The company had a trading volume of 409,099 shares, compared to its average volume of 1,281,525. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.82 and a current ratio of 0.84. Teradata Corporation has a 1-year low of $18.43 and a 1-year high of $33.69. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 18.03, a price-to-earnings-growth ratio of 6.60 and a beta of 0.83. The company has a fifty day simple moving average of $21.95 and a two-hundred day simple moving average of $23.27.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.06. Teradata had a return on equity of 96.29% and a net margin of 6.57%. The business had revenue of $408.00 million during the quarter, compared to analyst estimates of $399.73 million. During the same quarter last year, the company posted $0.64 EPS. Teradata's revenue for the quarter was down 6.4% on a year-over-year basis. Research analysts predict that Teradata Corporation will post 1.31 earnings per share for the current year.

Teradata 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.