Arkadios Wealth Advisors Invests $427,000 in Teradata Corporation (NYSE:TDC)

Arkadios Wealth Advisors acquired a new stake in Teradata Corporation (NYSE:TDC - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,010 shares of the technology company's stock, valued at approximately $427,000.

Other large investors have also made changes to their positions in the company. Tsfg LLC purchased a new stake in shares of Teradata in the first quarter worth about $26,000. UMB Bank n.a. lifted its position in shares of Teradata by 153.1% in the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock worth $43,000 after buying an additional 1,153 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its position in shares of Teradata by 53.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after buying an additional 543 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Teradata by 150.9% in the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company's stock worth $103,000 after buying an additional 2,760 shares in the last quarter. Finally, Raiffeisen Bank International AG purchased a new stake in shares of Teradata in the fourth quarter worth about $117,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on TDC. Guggenheim decreased their price objective on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a research report on Saturday, June 14th. Northland Securities downgraded Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective on the stock. in a research report on Wednesday, May 7th. Morgan Stanley upgraded Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a research report on Tuesday, April 8th. Finally, Barclays decreased their price objective on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $27.25.

Teradata Price Performance

Shares of Teradata stock traded down $0.13 on Tuesday, hitting $20.23. The company's stock had a trading volume of 1,372,847 shares, compared to its average volume of 926,333. Teradata Corporation has a 1 year low of $18.43 and a 1 year high of $33.69. The firm has a fifty day moving average price of $21.97 and a 200-day moving average price of $23.35. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.82 and a current ratio of 0.84. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 14.25, a price-to-earnings-growth ratio of 6.09 and a beta of 0.83.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.57 by $0.09. Teradata had a return on equity of 129.98% and a net margin of 8.10%. The company had revenue of $418.00 million during the quarter, compared to analyst estimates of $423.85 million. During the same period in the previous year, the business earned $0.57 EPS. Teradata's quarterly revenue was down 10.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Teradata Corporation will post 1.31 earnings per share for the current fiscal 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.