John G Ullman & Associates Inc. Sells 7,650 Shares of Teradata Co. (NYSE:TDC)

John G Ullman & Associates Inc. reduced its holdings in shares of Teradata Co. (NYSE:TDC) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 137,200 shares of the technology company’s stock after selling 7,650 shares during the period. John G Ullman & Associates Inc. owned about 0.14% of Teradata worth $4,274,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in shares of Teradata during the 3rd quarter worth approximately $27,000. Brooklyn Investment Group bought a new stake in shares of Teradata during the 3rd quarter worth approximately $32,000. Independence Bank of Kentucky bought a new stake in shares of Teradata during the 4th quarter worth approximately $37,000. Allworth Financial LP raised its position in Teradata by 75.2% during the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after purchasing an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC raised 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 valued at $44,000 after purchasing an additional 1,291 shares in the last quarter. 90.31% of the stock is owned by institutional investors.

Teradata Trading Up 1.4 %

TDC opened at $23.79 on Friday. 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 $29.56 and a 200-day moving average price of $29.95. 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 $2.25 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 6.23 and a beta of 0.78.

Teradata (NYSE:TDC) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share 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%. As a group, equities research analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Evercore ISI decreased their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Northland Securities decreased their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Royal Bank of Canada decreased their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Finally, StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.40.

About Teradata

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.