VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Teradata Corporation (NYSE:TDC – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 62,709 shares of the technology company’s stock, valued at approximately $1,399,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tsfg LLC acquired a new position in Teradata during the 1st quarter worth $26,000. IFP Advisors Inc grew its stake in Teradata by 405.4% during the 2nd quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock worth $27,000 after purchasing an additional 981 shares in the last quarter. Zions Bancorporation National Association UT acquired a new position in Teradata during the 1st quarter worth $76,000. US Bancorp DE grew its stake in Teradata by 23.0% during the 1st quarter. US Bancorp DE now owns 4,337 shares of the technology company’s stock worth $97,000 after purchasing an additional 811 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in Teradata by 150.9% during the 1st quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company’s stock worth $103,000 after purchasing an additional 2,760 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.
Teradata Stock Down 0.6%
Teradata stock opened at $21.19 on Thursday. Teradata Corporation has a fifty-two week low of $18.43 and a fifty-two week high of $33.69. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market capitalization of $2.00 billion, a P/E ratio of 18.75, a PEG ratio of 5.40 and a beta of 0.77. The stock has a 50-day simple moving average of $21.39 and a 200-day simple moving average of $21.60.
Analyst Upgrades and Downgrades
TDC has been the subject of several analyst reports. Wall Street Zen raised Teradata from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Teradata in a research report on Wednesday, October 8th. Zacks Research raised Teradata from a “strong sell” rating to a “hold” rating in a research report on Monday. Finally, UBS Group lowered their price objective on Teradata from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $26.86.
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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