Oppenheimer & Co. Inc. acquired a new stake in shares of Teradata Co. (NYSE:TDC) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 5,377 shares of the technology company’s stock, valued at approximately $207,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in TDC. Commerce Bank bought a new stake in shares of Teradata in the 3rd quarter valued at about $223,000. Price Capital Management Inc. bought a new stake in shares of Teradata in the 4th quarter valued at about $242,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Teradata by 43.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,439 shares of the technology company’s stock valued at $286,000 after purchasing an additional 2,256 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Teradata in the 4th quarter valued at about $288,000. Finally, Commerzbank Aktiengesellschaft FI raised its holdings in shares of Teradata by 22.7% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 9,594 shares of the technology company’s stock valued at $324,000 after purchasing an additional 1,775 shares in the last quarter. Institutional investors own 97.94% of the company’s stock.
Several research firms have recently commented on TDC. BMO Capital Markets boosted their price target on shares of Teradata from $40.00 to $42.00 and gave the company a “market perform” rating in a report on Friday, February 9th. Mizuho restated a “sell” rating and issued a $32.00 price target on shares of Teradata in a report on Monday, January 22nd. Morgan Stanley upgraded shares of Teradata from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $31.00 to $40.00 in a report on Tuesday, January 23rd. Summit Redstone upgraded shares of Teradata from a “hold” rating to a “buy” rating in a report on Monday, November 13th. Finally, Wells Fargo & Co boosted their price target on shares of Teradata from $27.50 to $30.00 and gave the company an “underperform” rating in a report on Friday, February 9th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $34.82.
Teradata Co. (NYSE:TDC) opened at $37.20 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.65 and a quick ratio of 1.62. Teradata Co. has a 12-month low of $27.05 and a 12-month high of $42.74. The stock has a market cap of $4,501.20, a P/E ratio of -66.43, a PEG ratio of 11.63 and a beta of 1.24.
Teradata (NYSE:TDC) last issued its quarterly earnings data on Thursday, February 8th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.18. Teradata had a negative net margin of 3.11% and a positive return on equity of 15.54%. The firm had revenue of $626.00 million for the quarter, compared to the consensus estimate of $610.50 million. During the same quarter in the previous year, the firm earned $0.67 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. research analysts forecast that Teradata Co. will post 1.07 earnings per share for the current year.
Teradata announced that its board has authorized a stock repurchase program on Thursday, February 8th that authorizes the company to buyback $310.00 million in outstanding shares. This buyback authorization authorizes the technology company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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