Wells Fargo & Company MN trimmed its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 13.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,519 shares of the technology company's stock after selling 12,612 shares during the quarter. Wells Fargo & Company MN owned 0.09% of Teradata worth $2,539,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Independence Bank of Kentucky purchased a new stake in shares of Teradata in the 4th quarter worth approximately $37,000. GAMMA Investing LLC raised its stake in Teradata by 91.5% in the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock worth $57,000 after acquiring an additional 874 shares during the last quarter. Venturi Wealth Management LLC grew its stake in Teradata by 20.9% during the 4th 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. Versant Capital Management Inc increased its holdings in shares of Teradata by 210.2% in the fourth quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company's stock valued at $80,000 after purchasing an additional 1,747 shares during the period. Finally, SRS Capital Advisors Inc. grew its stake in shares of 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 period. Institutional investors own 90.31% of the company's stock.
Wall Street Analyst Weigh In
Several analysts recently commented on TDC shares. Barclays dropped their price target on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Guggenheim lowered their price target on Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. StockNews.com downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. JMP Securities reissued a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Morgan Stanley upgraded Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a research note on Tuesday, April 8th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $33.70.
Get Our Latest Stock Report on Teradata
Teradata Price Performance
TDC traded down $0.22 during trading on Wednesday, reaching $21.50. The company's stock had a trading volume of 877,858 shares, compared to its average volume of 1,042,635. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 6.23 and a beta of 0.87. The firm has a fifty day simple moving average of $22.08 and a two-hundred day simple moving average of $27.80. Teradata Co. has a 1 year low of $18.43 and a 1 year high of $38.45. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65.
Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts' consensus estimates 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, analysts anticipate that Teradata Co. will post 1.31 EPS 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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