LPL Financial LLC lifted its holdings in Teradata Corporation (NYSE:TDC – Free Report) by 2.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,540 shares of the technology company’s stock after acquiring an additional 1,527 shares during the period. LPL Financial LLC owned approximately 0.07% of Teradata worth $1,586,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Tsfg LLC bought a new stake in Teradata in the 1st quarter valued at about $26,000. UMB Bank n.a. boosted its stake in shares of Teradata by 153.1% in the 1st quarter. UMB Bank n.a. now owns 1,906 shares of the technology company’s stock worth $43,000 after buying an additional 1,153 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Teradata by 150.9% in the 1st quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company’s stock worth $103,000 after buying an additional 2,760 shares during the last quarter. Raiffeisen Bank International AG purchased a new position in Teradata in the fourth quarter valued at approximately $117,000. Finally, New Vernon Capital Holdings II LLC purchased a new position in Teradata in the fourth quarter valued at approximately $133,000. 90.31% of the stock is owned by institutional investors.
Teradata Trading Up 0.7%
Shares of TDC stock opened at $20.7350 on Friday. Teradata Corporation has a 1 year low of $18.43 and a 1 year high of $33.69. The firm has a fifty day moving average price of $21.67 and a 200-day moving average price of $22.50. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 4.90 and a beta of 0.83.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Guggenheim dropped their target price on Teradata from $37.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, May 7th. Northland Securities cut Teradata from an “outperform” rating to a “market perform” rating and set a $21.00 target price on the stock. in a research note on Wednesday, May 7th. Northland Capmk lowered shares of Teradata from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 7th. UBS Group cut their target price on Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Finally, Wall Street Zen upgraded shares of Teradata from a “hold” rating to a “buy” rating in a report on Saturday, June 14th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $26.86.
View Our Latest Stock Analysis on TDC
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.
Further Reading
- Five stocks we like better than Teradata
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- 3 Robotics Stocks at the Heart of the Robotics Revolution
- Why Invest in 5G? How to Invest in 5G Stocks
- Tilray’s High Hopes: The Catalyst Driving Cannabis Stocks
- The How And Why of Investing in Oil Stocks
- Amazon Stock Sets Up for Breakout After Bullish Crossover
Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.