Keybank National Association OH Takes Position in Teradata Co. (NYSE:TDC)

Keybank National Association OH purchased a new position in shares of Teradata Co. (NYSE:TDC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,261 shares of the technology company’s stock, valued at approximately $257,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its stake in Teradata by 5.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock worth $67,899,000 after buying an additional 108,426 shares during the last quarter. FMR LLC grew its stake in Teradata by 2.7% during the 3rd quarter. FMR LLC now owns 1,932,741 shares of the technology company’s stock worth $58,639,000 after buying an additional 51,080 shares during the last quarter. Geode Capital Management LLC lifted its position in Teradata by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company’s stock worth $51,145,000 after acquiring an additional 8,289 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Teradata by 8.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company’s stock worth $37,930,000 after acquiring an additional 91,211 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in Teradata by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 930,008 shares of the technology company’s stock worth $28,970,000 after acquiring an additional 10,747 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

NYSE TDC opened at $22.35 on Wednesday. Teradata Co. has a 1-year low of $22.14 and a 1-year high of $39.70. The company has a market capitalization of $2.11 billion, a P/E ratio of 19.10, a PEG ratio of 6.23 and a beta of 0.75. The business has a 50 day moving average price of $28.34 and a 200 day moving average price of $29.74. 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 (NYSE:TDC) last released its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Sell-side analysts expect that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analyst Ratings Changes

TDC has been the subject of a number of recent research reports. Guggenheim decreased their price objective on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Evercore ISI decreased their price objective on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 13th. Finally, Royal Bank of Canada reduced their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Teradata presently has an average rating of “Hold” and a consensus price target of $34.40.

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.