Teradata Co. (TDC) Stake Lifted by GSA Capital Partners LLP
GSA Capital Partners LLP lifted its holdings in shares of Teradata Co. (NYSE:TDC) by 33.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,350 shares of the technology company’s stock after purchasing an additional 9,572 shares during the quarter. GSA Capital Partners LLP’s holdings in Teradata were worth $1,446,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of Montreal Can raised its holdings in Teradata by 5.4% in the 2nd quarter. Bank of Montreal Can now owns 62,174 shares of the technology company’s stock valued at $2,497,000 after acquiring an additional 3,162 shares during the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of Teradata by 54.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 23,690 shares of the technology company’s stock worth $951,000 after buying an additional 8,321 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Teradata by 3.2% during the 2nd quarter. Wells Fargo & Company MN now owns 279,015 shares of the technology company’s stock worth $11,203,000 after buying an additional 8,534 shares during the last quarter. Barings LLC increased its holdings in shares of Teradata by 69.7% during the 2nd quarter. Barings LLC now owns 20,200 shares of the technology company’s stock worth $811,000 after buying an additional 8,300 shares during the last quarter. Finally, Frontier Capital Management Co. LLC acquired a new stake in shares of Teradata during the 2nd quarter worth $12,241,000. 98.55% of the stock is owned by institutional investors and hedge funds.
TDC stock opened at $36.78 on Friday. The firm has a market cap of $4.44 billion, a PE ratio of 45.41, a PEG ratio of 1.79 and a beta of 1.16. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.71. Teradata Co. has a 52 week low of $33.63 and a 52 week high of $44.27.
In other Teradata news, CFO Mark Culhane purchased 6,900 shares of the firm’s stock in a transaction that occurred on Monday, November 5th. The stock was purchased at an average cost of $35.11 per share, with a total value of $242,259.00. Following the transaction, the chief financial officer now owns 36,824 shares in the company, valued at $1,292,890.64. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.22% of the stock is currently owned by corporate insiders.
A number of analysts have recently commented on TDC shares. Zacks Investment Research restated a “buy” rating and set a $41.00 price objective on shares of Teradata in a report on Friday, November 16th. Barclays upped their price objective on Teradata from $31.00 to $34.00 and gave the stock an “underweight” rating in a report on Friday, September 7th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. Teradata currently has an average rating of “Hold” and a consensus target price of $42.00.
Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.
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