VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Teradata Corporation (NYSE:TDC – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 72,159 shares of the technology company’s stock, valued at approximately $2,500,000.
Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Teradata during the second quarter valued at approximately $30,000. Financial Management Professionals Inc. purchased a new stake in Teradata in the 2nd quarter valued at $36,000. Elevation Wealth Partners LLC lifted its stake in Teradata by 587.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company’s stock valued at $41,000 after acquiring an additional 1,010 shares in the last quarter. Nykredit A S bought a new position in Teradata during the 2nd quarter valued at $44,000. Finally, SJS Investment Consulting Inc. boosted its holdings in Teradata by 25,800.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,813 shares of the technology company’s stock worth $46,000 after acquiring an additional 1,806 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.
Teradata Stock Down 1.8%
Shares of NYSE:TDC opened at $27.37 on Friday. Teradata Corporation has a 1 year low of $20.33 and a 1 year high of $41.78. The company has a market capitalization of $2.55 billion, a PE ratio of 5.76, a price-to-earnings-growth ratio of 2.07 and a beta of 0.58. The business has a fifty day moving average price of $29.62 and a two-hundred day moving average price of $29.70. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.91 and a quick ratio of 0.91.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on TDC. Barclays reduced their target price on shares of Teradata from $28.00 to $27.00 and set an “underweight” rating for the company in a research note on Wednesday, August 5th. Citigroup cut their price target on shares of Teradata from $39.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Teradata in a research report on Wednesday, June 24th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $29.00 price objective (down from $35.00) on shares of Teradata in a research report on Monday, August 10th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $34.00 price objective on shares of Teradata in a research note on Thursday, July 16th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $34.78.
Get Our Latest Stock Report on Teradata
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.
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