Kestra Investment Management LLC Purchases 10,392 Shares of Teradata Co. (NYSE:TDC)

Kestra Investment Management LLC increased its position in Teradata Co. (NYSE:TDC) by 53.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,988 shares of the technology company’s stock after purchasing an additional 10,392 shares during the quarter. Kestra Investment Management LLC’s holdings in Teradata were worth $934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of TDC. Point72 Asset Management L.P. bought a new position in Teradata in the third quarter worth approximately $27,000. Brooklyn Investment Group bought a new position in Teradata in the third quarter worth approximately $32,000. Independence Bank of Kentucky bought a new position in Teradata in the fourth quarter worth approximately $37,000. Allworth Financial LP grew its stake in Teradata by 75.2% in the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after purchasing an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in Teradata by 2,934.1% in the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after purchasing an additional 1,291 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of TDC opened at $24.90 on Wednesday. Teradata Co. has a 12 month low of $22.73 and a 12 month high of $39.70. The stock has a fifty day moving average price of $30.93 and a 200-day moving average price of $30.10. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The firm has a market cap of $2.38 billion, a PE ratio of 21.28, a P/E/G ratio of 6.46 and a beta of 0.78.

Teradata (NYSE:TDC) last released 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 net margin of 6.51% and a return on equity of 149.16%. Equities research analysts predict that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on TDC shares. UBS Group upped their target price on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Royal Bank of Canada lowered their target price on Teradata from $32.00 to $29.00 and set a “sector perform” 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. Evercore ISI lowered their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Finally, Guggenheim lowered their target price on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $34.40.

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.