Harel Insurance Investments & Financial Services Ltd. bought a new position in Teradata Co. (NYSE:TDC – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,891 shares of the technology company’s stock, valued at approximately $152,000.
Other large investors have also added to or reduced their stakes in the company. Impact Partnership Wealth LLC purchased a new stake in shares of Teradata in the fourth quarter worth approximately $224,000. Merit Financial Group LLC bought a new stake in Teradata during the fourth quarter worth $316,000. Assenagon Asset Management S.A. raised its position in Teradata by 73.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock valued at $23,951,000 after buying an additional 324,442 shares during the last quarter. Tealwood Asset Management Inc. lifted its stake in Teradata by 0.9% during the 4th 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. Finally, Pallas Capital Advisors LLC boosted its holdings in Teradata by 50.8% during the 4th quarter. Pallas Capital Advisors LLC now owns 16,179 shares of the technology company’s stock worth $504,000 after acquiring an additional 5,449 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.
Teradata Stock Down 0.8 %
TDC stock opened at $31.92 on Friday. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The stock has a fifty day moving average of $31.43 and a 200-day moving average of $30.48. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 38.00, a PEG ratio of 3.32 and a beta of 0.79. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80.
Wall Street Analyst Weigh In
Several analysts have recently commented on TDC shares. Northland Securities lowered their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Barclays lifted their target price on shares of Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a research report on Friday, December 6th. UBS Group upped their target price on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Evercore ISI lifted their price target on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $32.00 price objective on shares of Teradata 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 assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $40.00.
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.
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