Arkadios Wealth Advisors Buys New Holdings in Teradata Corporation (NYSE:TDC)

Arkadios Wealth Advisors acquired a new position in Teradata Corporation (NYSE:TDC) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 19,010 shares of the technology company’s stock, valued at approximately $427,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tsfg LLC purchased a new stake in Teradata in the 1st quarter worth approximately $26,000. Aster Capital Management DIFC Ltd lifted its holdings in Teradata by 53.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company’s stock worth $49,000 after buying an additional 543 shares during the period. UMB Bank n.a. lifted its holdings in Teradata by 153.1% in the 1st quarter. UMB Bank n.a. now owns 1,906 shares of the technology company’s stock worth $43,000 after buying an additional 1,153 shares during the period. Raiffeisen Bank International AG purchased a new stake in Teradata in the 4th quarter worth approximately $117,000. Finally, New Vernon Capital Holdings II LLC purchased a new stake in Teradata in the 4th quarter worth approximately $133,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Analyst Upgrades and Downgrades

TDC has been the subject of several research analyst reports. Barclays dropped their price objective on Teradata from $25.00 to $22.00 and set an “underweight” rating for the company in a report on Monday, April 21st. UBS Group raised Teradata from a “sell” rating to a “hold” rating and decreased their target price for the stock from $26.00 to $24.00 in a research report on Friday, June 6th. Northland Securities lowered Teradata from an “outperform” rating to a “market perform” rating and set a $21.00 target price for the company. in a research report on Wednesday, May 7th. Northland Capmk lowered Teradata from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 7th. Finally, Guggenheim decreased their target price on Teradata from $37.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, May 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $27.25.

Teradata Stock Performance

Shares of TDC opened at $20.39 on Tuesday. The business’s fifty day simple moving average is $22.00 and its two-hundred day simple moving average is $23.37. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 3.11. Teradata Corporation has a 12 month low of $18.43 and a 12 month high of $33.69. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 14.36, a P/E/G ratio of 6.01 and a beta of 0.83.

Teradata (NYSE:TDC) last released its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.09. The firm had revenue of $418.00 million for the quarter, compared to the consensus estimate of $423.85 million. Teradata had a return on equity of 129.98% and a net margin of 8.10%. The company’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. Research analysts anticipate that Teradata Corporation will post 1.31 earnings per share for the current fiscal 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.