GAMMA Investing LLC Has $57,000 Stake in Teradata Co. (NYSE:TDC)

GAMMA Investing LLC lifted its stake in Teradata Co. (NYSE:TDC) by 91.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,829 shares of the technology company’s stock after acquiring an additional 874 shares during the period. GAMMA Investing LLC’s holdings in Teradata were worth $57,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc increased its position in Teradata by 210.2% in the 4th quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company’s stock worth $80,000 after buying an additional 1,747 shares during the period. JPMorgan Chase & Co. increased its position in shares of Teradata by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 557,521 shares of the technology company’s stock valued at $16,915,000 after purchasing an additional 32,940 shares during the period. Retirement Systems of Alabama raised its stake in shares of Teradata by 15.9% in the third quarter. Retirement Systems of Alabama now owns 704,163 shares of the technology company’s stock valued at $21,364,000 after purchasing an additional 96,341 shares in the last quarter. Franklin Resources Inc. lifted its position in Teradata by 21.4% in the third quarter. Franklin Resources Inc. now owns 127,029 shares of the technology company’s stock worth $4,029,000 after purchasing an additional 22,359 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in Teradata during the third quarter worth $431,000. Institutional investors own 90.31% of the company’s stock.

Teradata Price Performance

Teradata stock opened at $30.35 on Monday. The firm has a market capitalization of $2.90 billion, a P/E ratio of 36.13, a PEG ratio of 3.17 and a beta of 0.79. The business has a 50-day moving average of $31.14 and a 200-day moving average of $30.67. 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 Co. has a 1 year low of $24.02 and a 1 year high of $49.44.

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Barclays increased their price target 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. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. UBS Group lifted their target price on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. 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, Northland Securities lowered their price target 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. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently 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.