International Assets Investment Management LLC Buys 1,291 Shares of Teradata Co. (NYSE:TDC)

International Assets Investment Management LLC lifted its stake in Teradata Co. (NYSE:TDC) by 2,934.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,335 shares of the technology company’s stock after buying an additional 1,291 shares during the period. International Assets Investment Management LLC’s holdings in Teradata were worth $44,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TDC. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Teradata by 3.4% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company’s stock worth $370,000 after acquiring an additional 351 shares during the period. Arizona State Retirement System boosted its holdings in Teradata by 1.5% during the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock valued at $942,000 after purchasing an additional 390 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after purchasing an additional 447 shares during the period. Hexagon Capital Partners LLC raised 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 buying an additional 507 shares in the last quarter. Finally, Crewe Advisors LLC bought a new position in shares of Teradata during the 2nd quarter worth approximately $26,000. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Stock Performance

Shares of Teradata stock opened at $29.30 on Friday. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The firm has a fifty day moving average of $30.12 and a two-hundred day moving average of $31.61. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 34.88, a PEG ratio of 3.10 and a beta of 0.80.

Teradata (NYSE:TDC) last posted its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 160.68% and a net margin of 4.56%. The company’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.14 earnings per share. As a group, equities research analysts predict that Teradata Co. will post 1.3 EPS for the current year.

Insider Activity at Teradata

In related news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of 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. 0.92% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TDC. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. JMP Securities lowered shares of Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. UBS Group raised their price objective on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday. Evercore ISI lifted their target price on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Finally, Northland Securities lowered their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Teradata presently has an average rating of “Hold” and a consensus price target 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.