Kentucky Retirement Systems Insurance Trust Fund Makes New Investment in Teradata Co. (NYSE:TDC)

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

A number of other large investors have also bought and sold shares of the company. Crossmark Global Holdings Inc. increased its position in Teradata by 4.6% in the third quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after buying an additional 315 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of Teradata by 20.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock worth $66,000 after acquiring an additional 365 shares during the period. Tealwood Asset Management Inc. boosted its holdings in shares of Teradata by 0.9% in the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock worth $1,266,000 after acquiring an additional 368 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Teradata by 3.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock worth $361,000 after acquiring an additional 431 shares during the period. Finally, Harbor Capital Advisors Inc. boosted 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 worth $636,000 after acquiring an additional 434 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Trading Down 2.0 %

Shares of TDC stock opened at $24.43 on Thursday. 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 business has a 50-day moving average price of $30.76 and a two-hundred day moving average price of $30.06. Teradata Co. has a 12-month low of $22.73 and a 12-month high of $39.70. The firm has a market cap of $2.34 billion, a P/E ratio of 20.88, a price-to-earnings-growth 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 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%. Equities analysts anticipate that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on TDC. Royal Bank of Canada cut their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. Evercore ISI cut their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. UBS Group lifted their price objective on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. Finally, Guggenheim dropped their price objective on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price 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.