Duality Advisers LP Makes New Investment in Teradata Co. (NYSE:TDC)

Duality Advisers LP purchased a new position in shares of Teradata Co. (NYSE:TDC) in the 4th quarter, HoldingsChannel reports. The firm purchased 6,629 shares of the technology company’s stock, valued at approximately $288,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. bought a new stake in shares of Teradata in the 4th quarter valued at $26,000. Smithfield Trust Co bought a new stake in shares of Teradata in the 3rd quarter valued at $34,000. CWM LLC increased its stake in shares of Teradata by 108.1% in the 3rd quarter. CWM LLC now owns 1,833 shares of the technology company’s stock valued at $83,000 after acquiring an additional 952 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of Teradata by 173.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,914 shares of the technology company’s stock valued at $83,000 after acquiring an additional 1,213 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of Teradata by 6.8% in the 3rd quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock valued at $195,000 after acquiring an additional 276 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Insider Activity at Teradata

In related news, insider Hillary Ashton sold 9,743 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the sale, the insider now directly owns 156,704 shares in the company, valued at approximately $5,868,564.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total transaction of $987,151.75. Following the sale, the insider now directly owns 127,595 shares in the company, valued at $4,793,744.15. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the sale, the insider now owns 156,704 shares in the company, valued at $5,868,564.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 76,615 shares of company stock worth $2,903,644. Company insiders own 0.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TDC. Bank of America lowered shares of Teradata from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $58.00 to $48.00 in a research note on Tuesday, February 13th. Citigroup boosted their price target on shares of Teradata from $57.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, February 12th. Royal Bank of Canada decreased their price target on shares of Teradata from $59.00 to $48.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 13th. Morgan Stanley lowered shares of Teradata from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $74.00 to $48.00 in a research note on Tuesday, February 13th. Finally, StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $56.90.

Teradata Price Performance

Shares of NYSE:TDC opened at $37.68 on Friday. The company’s 50-day moving average is $37.79 and its 200 day moving average is $42.69. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.86 and a current ratio of 0.87. The company has a market capitalization of $3.68 billion, a P/E ratio of 61.77, a price-to-earnings-growth ratio of 1.66 and a beta of 0.95. Teradata Co. has a fifty-two week low of $35.36 and a fifty-two week high of $57.73.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.05. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The company had revenue of $457.00 million for the quarter, compared to the consensus estimate of $455.84 million. During the same period in the previous year, the firm earned $0.05 EPS. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. On average, equities research analysts forecast that Teradata Co. will post 1.27 earnings per share for the current year.

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.