Janus Henderson Group PLC boosted its stake in shares of Teradata Co. (NYSE:TDC – Free Report) by 2.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,821 shares of the technology company’s stock after acquiring an additional 1,308 shares during the quarter. Janus Henderson Group PLC’s holdings in Teradata were worth $1,420,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Crewe Advisors LLC bought a new position in Teradata during the 2nd quarter valued at about $26,000. GAMMA Investing LLC increased its holdings in shares of Teradata by 88.0% during the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after buying an additional 447 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Teradata in the third quarter valued at approximately $32,000. Allworth Financial LP boosted its holdings in shares of Teradata by 75.2% in the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after acquiring an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in Teradata by 2,934.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after acquiring an additional 1,291 shares during the last quarter. 90.31% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Evercore ISI boosted their price objective on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. UBS Group upped their price target on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. Barclays raised their price objective on shares of Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, December 6th. Royal Bank of Canada reiterated a “sector perform” rating and set a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. Finally, Northland Securities lowered their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $40.00.
Teradata Stock Down 2.4 %
NYSE:TDC opened at $32.30 on Friday. The stock’s fifty day simple moving average is $31.24 and its 200-day simple moving average is $30.89. The firm has a market capitalization of $3.09 billion, a P/E ratio of 38.45, a P/E/G ratio of 3.20 and a beta of 0.79. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. Teradata Co. has a 12-month low of $24.02 and a 12-month high of $49.44.
Teradata (NYSE:TDC – Get Free Report) last posted its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.13. The company had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 EPS. Equities research analysts expect that Teradata Co. will post 1.41 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.
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