UNICOM Systems Inc. Makes New Investment in Teradata Co. (NYSE:TDC)

UNICOM Systems Inc. acquired a new stake in shares of Teradata Co. (NYSE:TDC) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 101,504 shares of the technology company’s stock, valued at approximately $3,162,000. Teradata accounts for about 0.8% of UNICOM Systems Inc.’s investment portfolio, making the stock its 18th largest position. UNICOM Systems Inc. owned approximately 0.11% of Teradata as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. increased its holdings in Teradata by 4.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after purchasing an additional 315 shares during the last quarter. Tealwood Asset Management Inc. raised its holdings in Teradata by 0.9% in the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock valued at $1,266,000 after acquiring an additional 368 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Teradata by 3.9% during 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 acquiring an additional 431 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Teradata by 2.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock worth $636,000 after purchasing an additional 434 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after purchasing an additional 447 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Trading Down 0.0 %

Teradata stock opened at $30.84 on Tuesday. The company has a 50 day moving average price of $31.69 and a 200 day moving average price of $30.36. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 36.71, a P/E/G ratio of 3.19 and a beta of 0.78.

Analysts Set New Price Targets

Several brokerages have issued reports on TDC. UBS Group upped 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. Royal Bank of Canada reissued a “sector perform” rating and set a $32.00 price target on shares of Teradata in a research report on Tuesday, November 5th. Barclays lifted their price objective on shares of Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Evercore ISI lifted their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Finally, Northland Securities dropped their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Teradata has an average rating of “Hold” and an average target price of $40.00.

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.