Everpar Advisors LLC Invests $563,000 in Teradata Co. (NYSE:TDC)

Everpar Advisors LLC acquired a new stake in shares of Teradata Co. (NYSE:TDC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,950 shares of the technology company’s stock, valued at approximately $563,000.

Several other hedge funds have also made changes to their positions in TDC. Private Advisor Group LLC lifted its position in shares of Teradata by 18.4% in the 4th quarter. Private Advisor Group LLC now owns 6,763 shares of the technology company’s stock worth $294,000 after acquiring an additional 1,053 shares during the period. Amalgamated Bank lifted its position in Teradata by 5.3% in the fourth quarter. Amalgamated Bank now owns 81,264 shares of the technology company’s stock worth $3,536,000 after purchasing an additional 4,123 shares during the period. Los Angeles Capital Management LLC boosted its stake in Teradata by 9.5% during the fourth quarter. Los Angeles Capital Management LLC now owns 426,005 shares of the technology company’s stock worth $18,535,000 after buying an additional 36,934 shares in the last quarter. Natixis Advisors L.P. boosted its stake in Teradata by 4.2% during the fourth quarter. Natixis Advisors L.P. now owns 13,197 shares of the technology company’s stock worth $574,000 after buying an additional 535 shares in the last quarter. Finally, Mission Wealth Management LP increased its holdings in Teradata by 4.4% in the 4th quarter. Mission Wealth Management LP now owns 26,859 shares of the technology company’s stock valued at $1,169,000 after buying an additional 1,144 shares during the period. Institutional investors own 90.31% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on TDC. Barclays reduced their price objective on shares of Teradata from $39.00 to $35.00 and set an “underweight” rating for the company in a report on Tuesday. Evercore ISI lowered their price objective on Teradata from $58.00 to $46.00 and set an “outperform” rating on the stock in a research note on Tuesday. Royal Bank of Canada decreased their price target on Teradata from $48.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Tuesday. Citigroup increased their price objective on Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, February 12th. Finally, TD Cowen reduced their target price on shares of Teradata from $46.00 to $40.00 and set a “hold” rating on the stock in a research note on Tuesday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Teradata presently has an average rating of “Hold” and an average price target of $49.90.

Teradata Price Performance

Shares of NYSE TDC traded down $5.24 during trading on Tuesday, reaching $32.72. The company had a trading volume of 4,526,586 shares, compared to its average volume of 1,138,425. Teradata Co. has a 52 week low of $31.61 and a 52 week high of $57.73. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.86 and a current ratio of 0.87. The business’s 50 day moving average price is $37.66 and its 200-day moving average price is $42.21. The stock has a market cap of $3.20 billion, a PE ratio of 53.64, a PEG ratio of 1.64 and a beta of 0.95.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The firm had revenue of $465.00 million during the quarter, compared to analysts’ expectations of $461.93 million. Teradata had a net margin of 3.38% and a return on equity of 58.25%. Teradata’s revenue was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.40 EPS. Analysts expect that Teradata Co. will post 1.27 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Hillary Ashton sold 9,743 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the transaction, the insider now owns 156,704 shares of the company’s stock, valued at approximately $5,868,564.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Hillary Ashton sold 9,743 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the transaction, the insider now directly owns 156,704 shares in the company, valued at $5,868,564.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Stephen Mcmillan sold 40,597 shares of Teradata stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the sale, the chief executive officer now directly owns 528,302 shares of the company’s stock, valued at $20,191,702.44. The disclosure for this sale can be found here. Insiders sold a total of 76,615 shares of company stock worth $2,903,644 over the last three months. 0.86% of the stock is currently owned by company insiders.

Teradata 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.