Teradata (NYSE:TDC) was upgraded by investment analysts at Summit Redstone from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, November 13th.
TDC has been the subject of several other reports. BidaskClub cut Teradata from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $32.00 price objective on shares of Teradata in a report on Monday, August 14th. BMO Capital Markets reaffirmed a “hold” rating and issued a $30.00 price objective on shares of Teradata in a report on Sunday, July 16th. Mizuho lifted their price objective on Teradata from $26.00 to $32.00 and gave the company an “underperform” rating in a report on Thursday, November 2nd. Finally, Deutsche Bank lifted their price objective on Teradata from $30.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, October 24th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $31.75.
Teradata (TDC) traded down $0.02 on Monday, reaching $38.46. The company had a trading volume of 600,843 shares, compared to its average volume of 1,266,528. The company has a market cap of $4,653.66, a P/E ratio of 78.49, a PEG ratio of 14.15 and a beta of 1.26. Teradata has a twelve month low of $27.05 and a twelve month high of $39.33. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.61 and a quick ratio of 1.56.
In other Teradata news, CFO Mark Culhane purchased 4,500 shares of the stock in a transaction dated Friday, December 1st. The stock was bought at an average price of $37.66 per share, with a total value of $169,470.00. Following the acquisition, the chief financial officer now owns 29,924 shares of the company’s stock, valued at $1,126,937.84. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.73% of the stock is owned by insiders.
Several institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp raised its holdings in shares of Teradata by 6.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 12,436,915 shares of the technology company’s stock worth $366,764,000 after buying an additional 705,690 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Teradata by 42.6% during the 2nd quarter. BlackRock Inc. now owns 11,126,276 shares of the technology company’s stock worth $328,115,000 after buying an additional 3,324,754 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Teradata by 24.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,293,085 shares of the technology company’s stock worth $185,598,000 after buying an additional 1,221,193 shares in the last quarter. Fairpointe Capital LLC raised its holdings in shares of Teradata by 0.4% during the 2nd quarter. Fairpointe Capital LLC now owns 5,781,875 shares of the technology company’s stock worth $170,508,000 after buying an additional 25,599 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in shares of Teradata by 259.2% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock worth $93,402,000 after buying an additional 1,994,620 shares in the last quarter. 97.89% of the stock is owned by institutional investors.
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Teradata Company Profile
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.
