Harel Insurance Investments & Financial Services Ltd. Buys New Holdings in Teradata Co. (NYSE:TDC)

Harel Insurance Investments & Financial Services Ltd. purchased a new position in Teradata Co. (NYSE:TDC) during the fourth quarter, Holdings Channel reports. The fund purchased 4,891 shares of the technology company’s stock, valued at approximately $152,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Impact Partnership Wealth LLC purchased a new stake in Teradata during the 4th quarter valued at $224,000. Merit Financial Group LLC bought a new stake in shares of Teradata in the fourth quarter worth about $316,000. Assenagon Asset Management S.A. increased its holdings in Teradata by 73.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock valued at $23,951,000 after purchasing an additional 324,442 shares during the period. Tealwood Asset Management Inc. increased its holdings in Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock valued at $1,266,000 after purchasing an additional 368 shares during the period. Finally, Pallas Capital Advisors LLC raised its position in Teradata by 50.8% during the 4th quarter. Pallas Capital Advisors LLC now owns 16,179 shares of the technology company’s stock valued at $504,000 after purchasing an additional 5,449 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TDC shares. Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a research report on Tuesday, November 5th. Barclays lifted their price target on shares of Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Friday, December 6th. UBS Group upped their price objective on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Northland Securities dropped their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Finally, Evercore ISI boosted their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $40.00.

Teradata Price Performance

TDC stock opened at $31.92 on Friday. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The firm has a 50 day moving average price of $31.43 and a 200-day moving average price of $30.48. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 38.00, a PEG ratio of 3.32 and a beta of 0.79.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The business had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. The firm’s quarterly revenue was up .5% compared to the same quarter last year. Equities research analysts forecast that Teradata Co. will post 1.41 EPS for the current fiscal year.

About Teradata

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.