First Command Advisory Services Inc. acquired a new stake in Teradata Corporation (NYSE:TDC – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,878 shares of the technology company’s stock, valued at approximately $42,000.
A number of other institutional investors also recently bought and sold shares of TDC. GAMMA Investing LLC increased its stake in Teradata by 150.9% in the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company’s stock valued at $103,000 after purchasing an additional 2,760 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Teradata by 19.1% in the first quarter. Robeco Institutional Asset Management B.V. now owns 414,467 shares of the technology company’s stock valued at $9,317,000 after purchasing an additional 66,340 shares during the period. New York State Teachers Retirement System increased its stake in Teradata by 3.4% in the first quarter. New York State Teachers Retirement System now owns 130,808 shares of the technology company’s stock valued at $2,941,000 after purchasing an additional 4,247 shares during the period. Unified Investment Management increased its stake in Teradata by 8.9% in the first quarter. Unified Investment Management now owns 32,608 shares of the technology company’s stock valued at $733,000 after purchasing an additional 2,678 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Teradata by 12.0% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 12,986 shares of the technology company’s stock valued at $292,000 after purchasing an additional 1,390 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.
Teradata Trading Up 0.1%
Shares of Teradata stock opened at $21.42 on Tuesday. Teradata Corporation has a 52-week low of $18.43 and a 52-week high of $33.69. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.78. The company’s 50-day simple moving average is $21.40 and its 200-day simple moving average is $21.65. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 18.95, a price-to-earnings-growth ratio of 5.42 and a beta of 0.77.
Analyst Ratings Changes
A number of research analysts have commented on the stock. Wall Street Zen upgraded shares of Teradata from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. UBS Group dropped their price target on shares of Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Zacks Research upgraded shares of Teradata from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Teradata in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $26.86.
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.
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