Essential Planning LLC. purchased a new stake in shares of Teradata Co. (NYSE:TDC – Free Report) during the fourth quarter, Holdings Channel reports. The fund purchased 13,780 shares of the technology company’s stock, valued at approximately $431,000.
A number of other institutional investors have also bought and sold shares of TDC. US Bancorp DE boosted its position in Teradata by 27.8% during the third quarter. US Bancorp DE now owns 3,225 shares of the technology company’s stock valued at $98,000 after acquiring an additional 701 shares during the last quarter. Atria Investments Inc boosted its position in Teradata by 10.3% during the third quarter. Atria Investments Inc now owns 6,867 shares of the technology company’s stock valued at $208,000 after acquiring an additional 643 shares during the last quarter. Crossmark Global Holdings Inc. boosted its position in Teradata by 4.6% during the third quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock valued at $219,000 after acquiring an additional 315 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in Teradata by 20.5% during the third quarter. State of New Jersey Common Pension Fund D now owns 70,590 shares of the technology company’s stock valued at $2,142,000 after acquiring an additional 12,031 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its position in shares of Teradata by 1,055.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,744 shares of the technology company’s stock worth $53,000 after purchasing an additional 1,593 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.
Teradata Price Performance
Shares of NYSE TDC opened at $21.98 on Friday. Teradata Co. has a fifty-two week low of $21.80 and a fifty-two week high of $39.70. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 18.78, a PEG ratio of 6.23 and a beta of 0.75. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The firm’s 50-day simple moving average is $28.16 and its 200 day simple moving average is $29.69.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the stock. Evercore ISI cut their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Guggenheim cut their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. Royal Bank of Canada cut their price objective on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 12th. JMP Securities reissued a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Finally, Barclays cut their price objective on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $34.40.
Check Out Our Latest Analysis on Teradata
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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