Allianz Asset Management GmbH Increases Stock Holdings in Teradata Corporation $TDC

Allianz Asset Management GmbH increased its stake in shares of Teradata Corporation (NYSE:TDC) by 21.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,317,179 shares of the technology company’s stock after purchasing an additional 228,654 shares during the quarter. Allianz Asset Management GmbH owned 1.39% of Teradata worth $28,333,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC increased its position in Teradata by 2,132.0% during the second quarter. Laurel Wealth Advisors LLC now owns 1,116 shares of the technology company’s stock valued at $25,000 after acquiring an additional 1,066 shares during the last quarter. Quent Capital LLC purchased a new position in shares of Teradata during the 3rd quarter worth about $25,000. IFP Advisors Inc boosted its stake in shares of Teradata by 405.4% during the 2nd quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock worth $27,000 after purchasing an additional 981 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Teradata by 64.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,364 shares of the technology company’s stock valued at $30,000 after purchasing an additional 533 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in Teradata in the 2nd quarter worth about $42,000. 90.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TDC has been the subject of several recent analyst reports. TD Cowen restated a “hold” rating on shares of Teradata in a research report on Wednesday, November 5th. Royal Bank Of Canada boosted their price objective on Teradata from $23.00 to $32.00 and gave the company a “sector perform” rating in a report on Monday, January 5th. Citizens Jmp upgraded Teradata from a “market perform” rating to an “outperform” rating and set a $42.00 target price on the stock in a research note on Monday, November 10th. Morgan Stanley lifted their target price on Teradata from $30.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Finally, Wall Street Zen upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $30.30.

Teradata Price Performance

Shares of TDC stock opened at $26.77 on Friday. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $32.03. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 2.21. The stock has a fifty day simple moving average of $30.08 and a two-hundred day simple moving average of $25.10. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 3.43 and a beta of 0.61.

Teradata (NYSE:TDC) last released its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.19. Teradata had a return on equity of 83.22% and a net margin of 7.15%.The firm had revenue of $416.00 million during the quarter, compared to the consensus estimate of $406.30 million. During the same period in the previous year, the company posted $0.69 earnings per share. The firm’s quarterly revenue was down 5.5% on a year-over-year basis. On average, analysts predict that Teradata Corporation will post 1.31 EPS for the current fiscal year.

Teradata Profile

Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.

Central to Teradata’s product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.