Wealth Enhancement Advisory Services LLC increased its stake in Teradata Co. (NYSE:TDC - Free Report) by 111.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,174 shares of the technology company's stock after buying an additional 22,246 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Teradata were worth $1,314,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd lifted its position in shares of Teradata by 53.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock valued at $49,000 after buying an additional 543 shares in the last quarter. Venturi Wealth Management LLC raised its stake in shares of Teradata by 20.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after buying an additional 365 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of Teradata during the fourth quarter worth $117,000. New Vernon Capital Holdings II LLC acquired a new position in shares of Teradata in the 4th quarter valued at about $133,000. Finally, SRS Capital Advisors Inc. increased its holdings in Teradata by 2,111.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company's stock worth $134,000 after purchasing an additional 4,118 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.
Teradata Stock Down 2.4%
Shares of TDC stock traded down $0.56 during mid-day trading on Wednesday, hitting $22.22. 900,489 shares of the stock traded hands, compared to its average volume of 1,042,768. The stock has a market cap of $2.12 billion, a P/E ratio of 18.99, a P/E/G ratio of 6.23 and a beta of 0.83. 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 fifty day moving average is $21.66 and its two-hundred day moving average is $26.01. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $35.60.
Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results 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 149.16% and a net margin of 6.51%. The business had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. During the same quarter in the previous year, the firm earned $0.57 EPS. The company's quarterly revenue was down 10.1% compared to the same quarter last year. Equities analysts predict that Teradata Co. will post 1.31 EPS for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on TDC. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Evercore ISI lowered their price target on Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. UBS Group raised Teradata from a "sell" rating to a "hold" rating and decreased their target price for the stock from $26.00 to $24.00 in a research report on Friday, June 6th. Northland Securities cut shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price for the company. in a research note on Wednesday, May 7th. Finally, Barclays dropped their price objective on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. One equities research 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. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $27.25.
Read Our Latest Stock Analysis on TDC
Teradata Company Profile
(
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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