Ieq Capital LLC Boosts Stock Holdings in Teradata Co. (NYSE:TDC)

Ieq Capital LLC boosted its stake in Teradata Co. (NYSE:TDC) by 751.4% during the 4th quarter, Holdings Channel reports. The firm owned 77,120 shares of the technology company’s stock after buying an additional 68,062 shares during the quarter. Ieq Capital LLC’s holdings in Teradata were worth $2,402,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pacer Advisors Inc. boosted its stake in Teradata by 5.2% during the fourth quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock valued at $67,899,000 after buying an additional 108,426 shares during the last quarter. FMR LLC boosted its position in shares of Teradata by 2.7% during the 3rd quarter. FMR LLC now owns 1,932,741 shares of the technology company’s stock valued at $58,639,000 after acquiring an additional 51,080 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Teradata by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company’s stock valued at $51,145,000 after purchasing an additional 8,289 shares in the last quarter. M&G PLC increased its position in Teradata by 4.4% in the third quarter. M&G PLC now owns 1,235,174 shares of the technology company’s stock worth $37,055,000 after purchasing an additional 51,491 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Teradata by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,126,443 shares of the technology company’s stock valued at $34,176,000 after purchasing an additional 31,343 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of TDC stock opened at $23.34 on Monday. The business’s fifty day simple moving average is $30.40 and its 200-day simple moving average is $30.05. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Teradata Co. has a 12-month low of $22.73 and a 12-month high of $39.70. The company has a market cap of $2.23 billion, a PE ratio of 19.94, a PEG ratio of 6.23 and a beta of 0.78.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. Analysts expect that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on TDC shares. StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Guggenheim decreased their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Royal Bank of Canada cut their price target on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Evercore ISI decreased their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Finally, UBS Group increased their price target on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $34.40.

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.