Allianz Asset Management GmbH boosted its holdings in shares of Teradata Corporation (NYSE:TDC – Free Report) by 22.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,088,525 shares of the technology company’s stock after buying an additional 196,297 shares during the quarter. Allianz Asset Management GmbH owned approximately 1.14% of Teradata worth $24,285,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of TDC. Tsfg LLC purchased a new position in Teradata during the first quarter valued at approximately $26,000. IFP Advisors Inc increased its holdings in Teradata by 405.4% during the second quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock valued at $27,000 after buying an additional 981 shares during the period. Zions Bancorporation National Association UT purchased a new position in Teradata during the first quarter valued at approximately $76,000. US Bancorp DE increased its holdings in Teradata by 23.0% during the first quarter. US Bancorp DE now owns 4,337 shares of the technology company’s stock valued at $97,000 after buying an additional 811 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Teradata by 150.9% during the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company’s stock valued at $103,000 after buying an additional 2,760 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.
Teradata Price Performance
Shares of TDC opened at $20.79 on Monday. The firm has a market capitalization of $1.96 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 5.26 and a beta of 0.77. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.84 and a quick ratio of 0.84. Teradata Corporation has a 1-year low of $18.43 and a 1-year high of $33.69. The company’s fifty day moving average price is $21.37 and its 200-day moving average price is $21.60.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the stock. Wall Street Zen raised shares of Teradata from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Zacks Research lowered shares of Teradata from a “hold” rating to a “strong sell” rating in a report on Monday, September 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Teradata in a report on Wednesday, October 8th. Finally, UBS Group cut their price target on shares of Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Teradata has a consensus rating of “Hold” and an average price target of $26.86.
View Our Latest Analysis on TDC
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.
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