Teradata Co. (NYSE:TDC) Shares Sold by Horrell Capital Management Inc.

Horrell Capital Management Inc. cut its position in Teradata Co. (NYSE:TDC) by 16.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 175,000 shares of the technology company’s stock after selling 35,000 shares during the quarter. Teradata makes up 1.6% of Horrell Capital Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Horrell Capital Management Inc.’s holdings in Teradata were worth $5,451,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Algert Global LLC boosted its holdings in shares of Teradata by 46.3% in the third quarter. Algert Global LLC now owns 113,106 shares of the technology company’s stock valued at $3,432,000 after acquiring an additional 35,800 shares during the period. UNICOM Systems Inc. acquired a new stake in Teradata during the 4th quarter worth $3,162,000. Unified Investment Management purchased a new position in Teradata during the 4th quarter worth $932,000. Victory Capital Management Inc. increased its stake in Teradata by 742.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock valued at $35,110,000 after purchasing an additional 993,358 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of Teradata by 127.6% in the third quarter. BNP Paribas Financial Markets now owns 112,049 shares of the technology company’s stock valued at $3,400,000 after buying an additional 62,826 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

TDC has been the topic of a number of research reports. Royal Bank of Canada lowered their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Guggenheim lowered their target price on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note 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 research note on Wednesday, February 12th. JMP Securities reiterated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Finally, StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 13th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Teradata has an average rating of “Hold” and a consensus price target of $34.40.

Teradata Price Performance

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

Teradata (NYSE:TDC) last released its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. Analysts forecast that Teradata Co. will post 1.31 EPS for the current fiscal 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.