VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Teradata Corporation (NYSE:TDC – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 72,159 shares of the technology company’s stock, valued at approximately $2,500,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.08% of Teradata at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Teradata during the second quarter worth about $30,000. Financial Management Professionals Inc. acquired a new position in shares of Teradata in the 2nd quarter valued at about $36,000. Elevation Wealth Partners LLC boosted its position in shares of Teradata by 587.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company’s stock valued at $41,000 after purchasing an additional 1,010 shares in the last quarter. Nykredit A S acquired a new stake in Teradata during the second quarter worth approximately $44,000. Finally, Global Retirement Partners LLC acquired a new stake in Teradata during the second quarter worth approximately $46,000. Institutional investors and hedge funds own 90.31% of the company’s stock.
Teradata Trading Down 1.8%
NYSE TDC opened at $27.37 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08. Teradata Corporation has a 52 week low of $20.33 and a 52 week high of $41.78. The business has a 50 day moving average price of $29.62 and a 200-day moving average price of $29.70. The company has a market cap of $2.55 billion, a price-to-earnings ratio of 5.76, a P/E/G ratio of 2.07 and a beta of 0.58.
Wall Street Analyst Weigh In
Several brokerages have issued reports on TDC. Citizens Jmp reissued a “market outperform” rating and issued a $49.00 price target on shares of Teradata in a research note on Wednesday, June 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradata in a research note on Wednesday, June 24th. UBS Group boosted their target price on shares of Teradata from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Zacks Research lowered shares of Teradata from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $29.00 price target (down from $35.00) on shares of Teradata in a report on Monday, August 10th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.78.
View Our Latest Research Report on TDC
Teradata Profile
Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.
Central to Teradata’s product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.
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