GSA Capital Partners LLP Takes $373,000 Position in Teradata Co. (NYSE:TDC)

GSA Capital Partners LLP acquired a new stake in shares of Teradata Co. (NYSE:TDC) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,287 shares of the technology company’s stock, valued at approximately $373,000.

Other large investors have also recently made changes to their positions in the company. Crossmark Global Holdings Inc. lifted its position 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 purchasing an additional 315 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Teradata by 3.4% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company’s stock valued at $370,000 after purchasing an additional 351 shares during the period. Arizona State Retirement System lifted its position in Teradata by 1.5% during the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock valued at $942,000 after purchasing an additional 390 shares during the period. Harbor Capital Advisors Inc. lifted its position in Teradata by 2.1% during the third quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock valued at $636,000 after purchasing an additional 434 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Teradata by 88.0% in the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after acquiring an additional 447 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on TDC. Northland Securities decreased their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Morgan Stanley reduced their price target on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 6th. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Evercore ISI upped their price target on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Finally, Barclays reduced their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $39.91.

Teradata Price Performance

Teradata stock opened at $30.37 on Friday. The firm has a market cap of $2.91 billion, a PE ratio of 36.15, a price-to-earnings-growth ratio of 2.90 and a beta of 0.80. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The company’s 50 day moving average is $30.50 and its two-hundred day moving average is $31.08.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, beating 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 analyst estimates of $417.71 million. During the same period last year, the business earned $0.14 EPS. The company’s revenue was up .5% on a year-over-year basis. On average, research analysts expect that Teradata Co. will post 1.41 EPS for the current fiscal year.

Insider Activity

In related news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This trade represents a 5.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares in the company, valued at $3,341,646.46. The trade was a 10.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

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.