Versor Investments LP bought a new position in shares of Teradata Co. (NYSE:TDC – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 15,061 shares of the technology company’s stock, valued at approximately $469,000.
A number of other hedge funds also recently bought and sold shares of TDC. Pacer Advisors Inc. boosted its position in shares of Teradata by 21.7% in the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after acquiring an additional 369,123 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Teradata by 73.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock valued at $23,951,000 after purchasing an additional 324,442 shares during the period. Robeco Institutional Asset Management B.V. grew its position in Teradata by 1,553.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 186,170 shares of the technology company’s stock worth $5,648,000 after purchasing an additional 174,912 shares during the last quarter. Clark Estates Inc. NY bought a new position in shares of Teradata during the 3rd quarter worth about $3,340,000. Finally, UNICOM Systems Inc. acquired a new position in shares of Teradata during the fourth quarter valued at about $3,162,000. 90.31% of the stock is currently owned by institutional investors.
Teradata Stock Performance
Teradata stock opened at $23.79 on Monday. The firm has a market capitalization of $2.25 billion, a P/E ratio of 20.34, a P/E/G ratio of 6.23 and a beta of 0.78. The stock has a fifty day moving average price of $29.56 and a two-hundred day moving average price of $29.98. Teradata Co. has a 52-week low of $22.73 and a 52-week high of $39.70. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on TDC. Barclays decreased their target price on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 12th. Northland Securities decreased their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 13th. UBS Group lifted their price target on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research note on Tuesday, November 5th. Finally, Guggenheim dropped their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $34.40.
Read Our Latest Analysis on Teradata
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.
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