Kestra Investment Management LLC Buys Shares of 19,596 Teradata Co. (NYSE:TDC)

Kestra Investment Management LLC purchased a new position in Teradata Co. (NYSE:TDC) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 19,596 shares of the technology company’s stock, valued at approximately $595,000.

A number of other institutional investors have also made changes to their positions in the stock. Point72 Hong Kong Ltd bought a new position in Teradata during the third quarter worth about $103,000. Verition Fund Management LLC boosted its stake in Teradata by 13.5% during the 3rd quarter. Verition Fund Management LLC now owns 40,570 shares of the technology company’s stock worth $1,231,000 after acquiring an additional 4,816 shares during the last quarter. Captrust Financial Advisors boosted its stake in Teradata by 35.3% during the 3rd quarter. Captrust Financial Advisors now owns 14,536 shares of the technology company’s stock worth $441,000 after acquiring an additional 3,794 shares during the last quarter. FORA Capital LLC acquired a new position in Teradata during the third quarter valued at approximately $453,000. Finally, Clark Estates Inc. NY bought a new stake in Teradata in the third quarter valued at approximately $3,340,000. 90.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TDC has been the subject of several research analyst reports. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Evercore ISI increased their price target on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. TD Cowen dropped their price target on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research report on Tuesday, August 6th. Morgan Stanley decreased their price objective on Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 6th. Finally, Northland Securities dropped their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned 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 $39.91.

Teradata Trading Down 0.1 %

NYSE:TDC opened at $30.90 on Monday. The company has a market cap of $2.96 billion, a P/E ratio of 36.79, a price-to-earnings-growth ratio of 3.04 and a beta of 0.80. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The business has a 50 day moving average price of $30.76 and a two-hundred day moving average price of $30.93. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44.

Teradata (NYSE:TDC) last released its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share 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 firm had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. During the same period in the prior year, the firm earned $0.14 EPS. The business’s revenue was up .5% on a year-over-year basis. As a group, analysts expect that Teradata Co. will post 1.41 EPS for the current fiscal year.

Insider Transactions at Teradata

In related news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 10.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.92% of the company’s stock.

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.