Bank Hapoalim BM cut its stake in shares of Teradata Co. (NYSE:TDC – Free Report) by 4.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,593 shares of the technology company’s stock after selling 1,510 shares during the quarter. Bank Hapoalim BM’s holdings in Teradata were worth $953,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Point72 Asset Management L.P. bought a new position in Teradata during the third quarter worth $27,000. GAMMA Investing LLC boosted its stake in Teradata by 88.0% during the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after acquiring an additional 447 shares in the last quarter. Brooklyn Investment Group bought a new position in Teradata during the third quarter worth $32,000. Independence Bank of Kentucky bought a new position in shares of Teradata in the fourth quarter valued at $37,000. Finally, Allworth Financial LP lifted its stake in shares of Teradata by 75.2% in the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after buying an additional 569 shares in the last quarter. 90.31% of the stock is owned by institutional investors.
Analyst Ratings Changes
TDC has been the topic of a number of recent research reports. UBS Group raised their price objective on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th. Evercore ISI raised their price objective on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Northland Securities dropped their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Finally, Barclays raised their price objective on shares of Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a research note on Friday, December 6th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $40.00.
Teradata Stock Up 1.3 %
Teradata stock opened at $31.95 on Wednesday. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The stock has a market cap of $3.06 billion, a PE ratio of 38.03, a price-to-earnings-growth ratio of 3.30 and a beta of 0.78. The firm’s 50-day simple moving average is $31.69 and its 200 day simple moving average is $30.38. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80.
Teradata (NYSE:TDC – Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. The business had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 earnings per share. Research analysts predict that Teradata Co. will post 1.41 EPS for the current fiscal year.
Teradata Company 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.
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