Impact Partnership Wealth LLC Purchases Shares of 7,189 Teradata Co. (NYSE:TDC)

Impact Partnership Wealth LLC acquired a new stake in Teradata Co. (NYSE:TDC) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 7,189 shares of the technology company’s stock, valued at approximately $224,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Merit Financial Group LLC bought a new stake in Teradata in the fourth quarter valued at approximately $316,000. Assenagon Asset Management S.A. increased its holdings in shares of Teradata by 73.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock worth $23,951,000 after acquiring an additional 324,442 shares during the last quarter. Tealwood Asset Management Inc. raised its stake in Teradata by 0.9% in the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock valued at $1,266,000 after acquiring an additional 368 shares during the period. Pallas Capital Advisors LLC lifted its holdings in Teradata by 50.8% during the 4th quarter. Pallas Capital Advisors LLC now owns 16,179 shares of the technology company’s stock valued at $504,000 after purchasing an additional 5,449 shares during the last quarter. Finally, Harbor Capital Advisors Inc. increased its holdings in shares of Teradata by 5.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 21,998 shares of the technology company’s stock valued at $685,000 after purchasing an additional 1,049 shares during the last quarter. 90.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on TDC. Evercore ISI increased their price objective on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Barclays boosted their price objective on Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Northland Securities lowered their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Royal Bank of Canada restated a “sector perform” rating and issued a $32.00 price target on shares of Teradata in a research note on Tuesday, November 5th. Finally, UBS Group increased their price objective on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $40.00.

Teradata Stock Down 0.8 %

Shares of NYSE TDC opened at $31.92 on Friday. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The company’s 50 day moving average price is $31.43 and its 200-day moving average price is $30.50. The company has a market capitalization of $3.06 billion, a P/E ratio of 38.00, a price-to-earnings-growth ratio of 3.32 and a beta of 0.79.

Teradata (NYSE:TDC) last released its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The business had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. Teradata’s revenue for the quarter was up .5% on a year-over-year basis. Equities analysts forecast that Teradata Co. will post 1.41 earnings per share for the current 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.