Oppenheimer Asset Management Inc. Sells 12,751 Shares of Teradata Co. (NYSE:TDC)

Oppenheimer Asset Management Inc. lowered its position in Teradata Co. (NYSE:TDC) by 10.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 115,219 shares of the technology company’s stock after selling 12,751 shares during the period. Oppenheimer Asset Management Inc. owned 0.12% of Teradata worth $3,589,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new position in shares of Teradata in the 3rd quarter worth $27,000. Brooklyn Investment Group acquired a new position in Teradata during the third quarter worth $32,000. Independence Bank of Kentucky bought a new position in shares of Teradata in the fourth quarter valued at $37,000. Allworth Financial LP grew its holdings in shares of Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after buying an additional 569 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Teradata by 2,934.1% during the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after acquiring an additional 1,291 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Trading Up 1.4 %

Shares of Teradata stock opened at $23.79 on Friday. The firm has a market cap of $2.25 billion, a PE ratio of 20.34, a P/E/G ratio of 6.23 and a beta of 0.78. Teradata Co. has a 1 year low of $22.73 and a 1 year high of $39.70. 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 has a fifty day moving average price of $29.56 and a 200-day moving average price of $29.95.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share (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%. Equities research analysts anticipate that Teradata Co. will post 1.31 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Northland Securities dropped their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Guggenheim dropped their target price on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. UBS Group upped their price target on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. JMP Securities restated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Barclays cut their price objective on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $34.40.

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.