Nisa Investment Advisors LLC lessened its position in Teradata Corporation (NYSE:TDC – Free Report) by 73.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,886 shares of the technology company’s stock after selling 22,009 shares during the period. Nisa Investment Advisors LLC’s holdings in Teradata were worth $170,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC increased its holdings in shares of Teradata by 2,132.0% in the second quarter. Laurel Wealth Advisors LLC now owns 1,116 shares of the technology company’s stock valued at $25,000 after purchasing an additional 1,066 shares in the last quarter. IFP Advisors Inc grew its holdings in Teradata by 405.4% during the 2nd quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock worth $27,000 after acquiring an additional 981 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Teradata by 64.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,364 shares of the technology company’s stock valued at $30,000 after purchasing an additional 533 shares during the period. First Command Advisory Services Inc. acquired a new position in Teradata in the second quarter valued at about $42,000. Finally, Allworth Financial LP raised its position in shares of Teradata by 61.8% in the 2nd quarter. Allworth Financial LP now owns 2,657 shares of the technology company’s stock valued at $59,000 after acquiring an additional 1,015 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.
Teradata Stock Down 3.6%
Shares of TDC opened at $29.78 on Friday. The firm’s 50 day moving average is $29.71 and its 200-day moving average is $24.49. Teradata Corporation has a 12 month low of $18.43 and a 12 month high of $33.03. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 2.21. The stock has a market capitalization of $2.78 billion, a PE ratio of 24.41, a P/E/G ratio of 3.76 and a beta of 0.57.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of Teradata from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 20th. TD Cowen increased their target price on Teradata from $24.00 to $25.00 and gave the stock a “hold” rating in a report on Wednesday, November 5th. Royal Bank Of Canada lifted their target price on Teradata from $23.00 to $32.00 and gave the company a “sector perform” rating in a research report on Monday, January 5th. Barclays increased their target price on shares of Teradata from $24.00 to $27.00 and gave the stock an “underweight” rating in a report on Monday, January 12th. Finally, Evercore ISI lifted their target price on Teradata from $25.00 to $28.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $29.78.
Get Our Latest Stock Analysis 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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