12,624 Shares in Teradata Co. (NYSE:TDC) Bought by Focus Partners Wealth

Focus Partners Wealth bought a new position in shares of Teradata Co. (NYSE:TDC) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,624 shares of the technology company’s stock, valued at approximately $399,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Independence Bank of Kentucky bought a new position in Teradata during the fourth quarter worth $37,000. Aster Capital Management DIFC Ltd boosted its position in Teradata by 53.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company’s stock worth $49,000 after purchasing an additional 543 shares during the period. Venturi Wealth Management LLC boosted its position in Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock worth $66,000 after purchasing an additional 365 shares during the period. New Vernon Capital Holdings II LLC bought a new position in Teradata during the fourth quarter worth $133,000. Finally, SRS Capital Advisors Inc. boosted its position in Teradata by 2,111.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company’s stock worth $134,000 after purchasing an additional 4,118 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Down 0.7%

TDC stock opened at $22.51 on Wednesday. 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 firm has a market capitalization of $2.15 billion, a PE ratio of 19.24, a PEG ratio of 6.23 and a beta of 0.80. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $35.60. The stock has a 50-day simple moving average of $21.92 and a two-hundred day simple moving average of $26.85.

Teradata (NYSE:TDC) last posted its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The business had revenue of $418.00 million during the quarter, compared to analyst estimates of $423.85 million. Teradata had a return on equity of 149.16% and a net margin of 6.51%. The company’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.57 EPS. On average, equities analysts predict that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Guggenheim reduced their target price on shares of Teradata from $37.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, May 7th. Northland Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating and set a $21.00 target price for the company. in a research report on Wednesday, May 7th. Evercore ISI cut their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Barclays cut their price objective on shares of Teradata from $25.00 to $22.00 and set an “underweight” rating for the company in a research report on Monday, April 21st. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $27.50.

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.