Teradata Co. (NYSE:TDC) Holdings Raised by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its stake in Teradata Co. (NYSE:TDC) by 57.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,566 shares of the technology company’s stock after buying an additional 29,310 shares during the period. Teacher Retirement System of Texas owned 0.08% of Teradata worth $2,510,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TDC. Venturi Wealth Management LLC boosted its holdings in shares of Teradata by 20.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock valued at $66,000 after acquiring an additional 365 shares in the last quarter. Tealwood Asset Management Inc. increased its position in shares of 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. Xponance Inc. increased its position in shares of Teradata by 2.3% during the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company’s stock valued at $594,000 after purchasing an additional 428 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Teradata by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock worth $361,000 after buying an additional 431 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Teradata by 2.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company’s stock valued at $618,000 after buying an additional 455 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TDC shares. JMP Securities reiterated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Royal Bank of Canada dropped their target price on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Evercore ISI reduced their target price on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 13th. Finally, Guggenheim reduced their price objective on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $34.40.

Teradata Trading Down 0.7 %

Shares of NYSE TDC opened at $23.70 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Teradata Co. has a one year low of $21.80 and a one year high of $39.70. The business has a 50-day moving average price of $26.62 and a two-hundred day moving average price of $29.36. The firm has a market capitalization of $2.24 billion, a PE ratio of 20.25, a PEG ratio of 6.23 and a beta of 0.75.

Teradata (NYSE:TDC) 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 net margin of 6.51% and a return on equity of 149.16%. As a group, analysts predict that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Teradata 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.