Horrell Capital Management Inc. Lowers Position in Teradata Co. (NYSE:TDC)

Horrell Capital Management Inc. trimmed its holdings in shares of Teradata Co. (NYSE:TDC) by 16.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 175,000 shares of the technology company’s stock after selling 35,000 shares during the quarter. Teradata accounts for approximately 1.6% of Horrell Capital Management Inc.’s portfolio, making the stock its 19th biggest position. Horrell Capital Management Inc. owned about 0.18% of Teradata worth $5,451,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Point72 Asset Management L.P. acquired a new stake in shares of Teradata during the third quarter valued at about $27,000. Brooklyn Investment Group acquired a new stake in Teradata in the 3rd quarter valued at approximately $32,000. Independence Bank of Kentucky acquired a new stake in Teradata in the 4th quarter valued at approximately $37,000. Groupama Asset Managment purchased a new stake in Teradata in the third quarter valued at approximately $50,000. Finally, GAMMA Investing LLC lifted its stake in Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock worth $57,000 after purchasing an additional 874 shares in the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Trading Up 0.4 %

Shares of NYSE:TDC opened at $22.97 on Monday. Teradata Co. has a 52 week low of $21.80 and a 52 week high of $39.70. The company’s 50 day moving average is $27.02 and its two-hundred day moving average is $29.45. The company has a market cap of $2.17 billion, a PE ratio of 19.63, a P/E/G ratio of 6.23 and a beta of 0.75. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65.

Teradata (NYSE:TDC) last posted its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Equities analysts predict that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

TDC has been the topic of several research analyst reports. Barclays cut their price objective on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 13th. Evercore ISI lowered their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Royal Bank of Canada dropped their price target on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $34.40.

About Teradata

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.