44,100 Shares in Teradata Co. (NYSE:TDC) Bought by Alberta Investment Management Corp

Alberta Investment Management Corp acquired a new stake in shares of Teradata Co. (NYSE:TDC) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 44,100 shares of the technology company’s stock, valued at approximately $1,374,000.

A number of other hedge funds have also recently bought and sold shares of TDC. Crossmark Global Holdings Inc. lifted its position in shares of Teradata by 4.6% during the third 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 lifted 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 worth $66,000 after buying an additional 365 shares in the last quarter. Tealwood Asset Management Inc. lifted 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 worth $1,266,000 after buying an additional 368 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Teradata by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock worth $361,000 after buying an additional 431 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in shares of Teradata by 2.1% in the third quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock valued at $636,000 after acquiring an additional 434 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on TDC. Guggenheim dropped their price target on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Northland Securities cut their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Barclays decreased their price objective on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, February 12th. JMP Securities reiterated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Finally, UBS Group raised their price target on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research note on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Teradata has a consensus rating of “Hold” and a consensus price target of $34.40.

Teradata Stock Performance

Shares of TDC stock opened at $23.34 on Friday. The firm’s 50 day moving average is $30.40 and its 200 day moving average is $29.98. The stock has a market capitalization of $2.23 billion, a P/E ratio of 19.94, a PEG ratio of 6.35 and a beta of 0.78. Teradata Co. has a 12 month low of $22.73 and a 12 month high of $39.70. 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, sell-side analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current year.

Teradata 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.