Wealth Enhancement Advisory Services LLC Acquires Shares of 19,928 Teradata Co. (NYSE:TDC)

Wealth Enhancement Advisory Services LLC bought a new position in Teradata Co. (NYSE:TDC) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 19,928 shares of the technology company’s stock, valued at approximately $605,000.

Several other hedge funds have also recently made changes to their positions in the business. Crewe Advisors LLC bought a new stake in Teradata during the second quarter worth approximately $26,000. GAMMA Investing LLC boosted its holdings in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares during the period. Hexagon Capital Partners LLC boosted its holdings in shares of Teradata by 111.4% in the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after purchasing an additional 507 shares during the period. Allworth Financial LP increased its position in shares of Teradata by 75.2% during the 3rd 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 during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in Teradata by 2,934.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock valued at $44,000 after buying an additional 1,291 shares during the period. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Stock Down 0.1 %

Shares of NYSE:TDC opened at $29.30 on Friday. The business’s 50 day moving average is $30.12 and its 200 day moving average is $31.61. The stock has a market cap of $2.82 billion, a P/E ratio of 34.88, a price-to-earnings-growth ratio of 3.10 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 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The business had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. Teradata had a return on equity of 160.68% and a net margin of 4.56%. The business’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 EPS. Sell-side analysts predict that Teradata Co. will post 1.3 EPS for the current year.

Insider Buying and Selling at Teradata

In other news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction on Thursday, August 29th. The stock was 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 in the company, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Barclays cut their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a report on Tuesday. Morgan Stanley decreased their price objective on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 6th. Evercore ISI boosted their target price on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Finally, UBS Group increased their price target on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $39.91.

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.