Amundi lowered its holdings in shares of Teradata Co. (NYSE:TDC – Free Report) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,707 shares of the technology company’s stock after selling 1,511 shares during the period. Amundi’s holdings in Teradata were worth $769,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new position in Teradata during the third quarter worth $27,000. Brooklyn Investment Group bought a new stake in Teradata in the 3rd quarter valued at about $32,000. Independence Bank of Kentucky acquired a new position in Teradata during the 4th quarter worth approximately $37,000. Groupama Asset Managment bought a new position in Teradata in the third quarter worth approximately $50,000. Finally, GAMMA Investing LLC grew its stake in Teradata by 91.5% in the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after acquiring an additional 874 shares during the period. 90.31% of the stock is currently owned by institutional investors.
Teradata Trading Up 0.2 %
NYSE TDC opened at $23.32 on Thursday. The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 6.23 and a beta of 0.75. The business’s fifty day moving average is $27.34 and its 200-day moving average is $29.51. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. Teradata Co. has a one year low of $21.80 and a one year high of $39.70.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Evercore ISI cut their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Guggenheim dropped their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Royal Bank of Canada reduced their price objective on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Finally, StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 13th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $34.40.
View Our Latest Stock Analysis on TDC
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.
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