Sanctuary Advisors LLC Takes Position in Teradata Co. (NYSE:TDC)

Sanctuary Advisors LLC purchased a new position in shares of Teradata Co. (NYSE:TDC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,044 shares of the technology company’s stock, valued at approximately $431,000.

A number of other hedge funds have also recently added to or reduced their stakes in TDC. Crewe Advisors LLC acquired a new stake in shares of Teradata during the 2nd quarter worth $26,000. Point72 Asset Management L.P. acquired a new stake in Teradata during the third quarter worth about $27,000. GAMMA Investing LLC increased its holdings in 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 buying an additional 447 shares during the period. Brooklyn Investment Group acquired a new position in shares of Teradata in the 3rd quarter valued at approximately $32,000. Finally, Allworth Financial LP lifted its holdings 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 worth $40,000 after acquiring an additional 569 shares during the period. Institutional investors own 90.31% of the company’s stock.

Teradata Trading Up 0.2 %

TDC opened at $32.18 on Friday. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The company’s 50 day moving average price is $31.40 and its two-hundred day moving average price is $30.90. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 38.31, a PEG ratio of 3.17 and a beta of 0.79.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. The company had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. Teradata’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 earnings per share. As a group, research analysts predict that Teradata Co. will post 1.41 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Barclays boosted their price objective on shares of Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, December 6th. UBS Group upped their price objective on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. Northland Securities decreased their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Royal Bank of Canada reissued a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a report on Tuesday, November 5th. Finally, Evercore ISI lifted their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.00.

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.