Kentucky Retirement Systems Insurance Trust Fund Takes Position in Teradata Co. (NYSE:TDC)

Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of Teradata Co. (NYSE:TDC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,786 shares of the technology company’s stock, valued at approximately $180,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Crossmark Global Holdings Inc. boosted its position in shares of Teradata by 4.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock valued at $219,000 after purchasing an additional 315 shares in the last quarter. Venturi Wealth Management LLC boosted its position in shares of Teradata by 20.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock valued at $66,000 after purchasing an additional 365 shares in the last quarter. Tealwood Asset Management Inc. boosted its position in shares of Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock valued at $1,266,000 after purchasing an additional 368 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Teradata by 3.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock valued at $361,000 after purchasing an additional 431 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Teradata by 2.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock valued at $636,000 after purchasing an additional 434 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Down 2.0 %

TDC stock opened at $24.43 on Thursday. Teradata Co. has a twelve month low of $22.73 and a twelve month high of $39.70. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The stock’s 50 day moving average is $30.76 and its 200-day moving average is $30.06. The firm has a market capitalization of $2.34 billion, a PE ratio of 20.88, a P/E/G ratio of 6.46 and a beta of 0.78.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Sell-side analysts expect that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on TDC. UBS Group upped their target price on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Royal Bank of Canada cut their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Northland Securities cut their price target 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 report on Thursday, February 13th. Finally, Barclays cut their price target on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $34.40.

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.