Rhumbline Advisers Acquires 4,430 Shares of Teradata Co. (NYSE:TDC)

Rhumbline Advisers grew its holdings in Teradata Co. (NYSE:TDC) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 307,841 shares of the technology company’s stock after acquiring an additional 4,430 shares during the period. Rhumbline Advisers owned about 0.32% of Teradata worth $9,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in TDC. Point72 Asset Management L.P. purchased a new position in shares of Teradata during the third quarter valued at about $27,000. Brooklyn Investment Group purchased a new stake in shares of Teradata during the 3rd quarter worth approximately $32,000. Independence Bank of Kentucky bought a new position in shares of Teradata during the 4th quarter valued at approximately $37,000. Allworth Financial LP grew its holdings in shares of Teradata by 75.2% in the third 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 increased its position in Teradata by 2,934.1% in the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after purchasing an additional 1,291 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.

Analyst Ratings Changes

TDC has been the subject of several research reports. Barclays lowered their price objective on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research report on Wednesday, February 12th. StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 13th. Northland Securities decreased their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Evercore ISI dropped their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Finally, Royal Bank of Canada decreased their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $34.40.

Teradata Price Performance

TDC opened at $24.18 on Tuesday. The business has a fifty day moving average of $30.23 and a 200 day moving average of $30.05. The stock has a market cap of $2.31 billion, a P/E ratio of 20.66, a PEG ratio of 6.23 and a beta of 0.78. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata Co. has a 52-week low of $22.73 and a 52-week high of $39.70.

Teradata (NYSE:TDC) last issued its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. As a group, sell-side analysts anticipate that Teradata Co. will post 1.31 EPS for the current year.

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.