Pacer Advisors Inc. Boosts Stock Holdings in Teradata Co. (NYSE:TDC)

Pacer Advisors Inc. boosted its stake in Teradata Co. (NYSE:TDC) by 5.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,179,728 shares of the technology company’s stock after purchasing an additional 108,426 shares during the quarter. Pacer Advisors Inc. owned about 2.28% of Teradata worth $67,899,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. boosted its stake in Teradata by 4.6% during the third quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock valued at $219,000 after buying an additional 315 shares during the last quarter. Tealwood Asset Management Inc. raised its holdings in shares of Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock worth $1,266,000 after acquiring an additional 368 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of Teradata by 2.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock valued at $636,000 after acquiring an additional 434 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Teradata by 88.0% in the third 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. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Teradata by 4.2% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,165 shares of the technology company’s stock worth $339,000 after purchasing an additional 449 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Up 0.8 %

Shares of TDC opened at $32.21 on Tuesday. The firm has a market capitalization of $3.08 billion, a P/E ratio of 38.35, a P/E/G ratio of 3.32 and a beta of 0.79. Teradata Co. has a 12-month low of $24.02 and a 12-month high of $49.44. The firm has a fifty day moving average price of $31.49 and a 200-day moving average price of $30.45. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The business had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. During the same period in the prior year, the firm earned $0.14 EPS. The company’s revenue for the quarter was up .5% compared to the same quarter last year. Equities research analysts expect that Teradata Co. will post 1.41 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have commented on TDC. Barclays lifted their price objective on shares of Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a research note on Friday, December 6th. Royal Bank of Canada reissued a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th. Evercore ISI raised their price objective on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. UBS Group boosted their target price on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Finally, Northland Securities lowered their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Teradata has a consensus rating of “Hold” and a consensus 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.