Teradata Co. (NYSE:TDC) Position Boosted by Bank of Montreal Can

Bank of Montreal Can increased its holdings in Teradata Co. (NYSE:TDC) by 17.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,233 shares of the technology company’s stock after purchasing an additional 2,122 shares during the quarter. Bank of Montreal Can’s holdings in Teradata were worth $443,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Barclays PLC increased its holdings in shares of Teradata by 49.2% in the third quarter. Barclays PLC now owns 169,687 shares of the technology company’s stock valued at $5,150,000 after buying an additional 55,979 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Teradata during the third quarter worth $431,000. Franklin Resources Inc. lifted its holdings in shares of Teradata by 21.4% during the third quarter. Franklin Resources Inc. now owns 127,029 shares of the technology company’s stock valued at $4,029,000 after purchasing an additional 22,359 shares during the last quarter. Retirement Systems of Alabama boosted its position in shares of Teradata by 15.9% in the 3rd quarter. Retirement Systems of Alabama now owns 704,163 shares of the technology company’s stock valued at $21,364,000 after purchasing an additional 96,341 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Teradata by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 557,521 shares of the technology company’s stock worth $16,915,000 after purchasing an additional 32,940 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Trading Up 1.0 %

Shares of TDC stock opened at $20.15 on Wednesday. Teradata Co. has a 12 month low of $18.43 and a 12 month high of $38.45. The company has a market cap of $1.93 billion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 6.23 and a beta of 0.87. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The business’s 50 day moving average is $22.42 and its two-hundred day moving average is $28.17.

Teradata (NYSE:TDC) last posted its earnings results 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 net margin of 6.51% and a return on equity of 149.16%. Equities analysts predict that Teradata Co. will post 1.31 EPS for the current year.

Wall Street Analyst Weigh In

TDC has been the subject of several recent analyst reports. Barclays decreased their target price on shares of Teradata from $25.00 to $22.00 and set an “underweight” rating for the company in a report on Monday. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 8th. Royal Bank of Canada decreased their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Morgan Stanley raised shares of Teradata from an “equal weight” rating to an “overweight” rating and set a $26.00 price target for the company in a research report on Tuesday, April 8th. Finally, Evercore ISI lowered their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $33.70.

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.