WINTON GROUP Ltd bought a new position in shares of Teradata Co. (NYSE:TDC – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 36,311 shares of the technology company’s stock, valued at approximately $1,131,000.
Other hedge funds also recently modified their holdings of the company. Point72 Asset Management L.P. acquired a new position in Teradata during the third quarter valued at approximately $27,000. Brooklyn Investment Group acquired a new position in shares of Teradata during the 3rd quarter worth $32,000. Independence Bank of Kentucky bought a new stake in shares of Teradata during the 4th quarter worth $37,000. Groupama Asset Managment acquired a new stake in Teradata in the third quarter valued at about $50,000. Finally, GAMMA Investing LLC grew its position in Teradata by 91.5% in the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after acquiring an additional 874 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.
Teradata Trading Down 2.7 %
NYSE TDC opened at $22.98 on Friday. Teradata Co. has a 12 month low of $21.80 and a 12 month high of $39.12. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The firm has a market capitalization of $2.17 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. The business’s 50-day moving average price is $26.32 and its two-hundred day moving average price is $29.29.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. Evercore ISI reduced their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Barclays cut their target price on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 12th. Guggenheim lowered their price target on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Royal Bank of Canada lowered their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Teradata presently has an average rating of “Hold” and an average target price of $34.40.
View Our Latest Stock Report on TDC
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.
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