106,616 Shares in Teradata Co. (NYSE:TDC) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in Teradata Co. (NYSE:TDC) in the fourth quarter, Holdings Channel.com reports. The firm purchased 106,616 shares of the technology company’s stock, valued at approximately $3,321,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Point72 Asset Management L.P. bought a new stake in Teradata during the 3rd quarter valued at approximately $27,000. Brooklyn Investment Group bought a new stake in shares of Teradata during the third quarter valued at approximately $32,000. Independence Bank of Kentucky purchased a new position in shares of Teradata in the fourth quarter worth $37,000. Groupama Asset Managment bought a new position in shares of Teradata during the third quarter worth $50,000. Finally, GAMMA Investing LLC grew its stake in Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after acquiring an additional 874 shares in the last quarter. 90.31% of the stock is owned by institutional investors.

Teradata Price Performance

Teradata stock opened at $23.62 on Friday. The firm has a market capitalization of $2.23 billion, a PE ratio of 20.18, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. Teradata Co. has a 12-month low of $21.80 and a 12-month high of $39.70. The firm has a 50-day moving average price of $26.47 and a 200-day moving average price of $29.32. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, equities research analysts forecast that Teradata Co. will post 1.31 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on TDC shares. JMP Securities reissued a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Royal Bank of Canada dropped their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Barclays decreased their price objective on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Evercore ISI cut their target price on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Finally, StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 13th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Teradata presently has an average rating of “Hold” and a consensus target price of $34.40.

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.