Oppenheimer Asset Management Inc. Has $3.88 Million Stake in Teradata Co. (NYSE:TDC)

Oppenheimer Asset Management Inc. decreased its holdings in shares of Teradata Co. (NYSE:TDC) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 127,970 shares of the technology company’s stock after selling 1,242 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Teradata were worth $3,883,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Crewe Advisors LLC acquired a new position in Teradata during the second quarter worth about $26,000. GAMMA Investing LLC grew its holdings in shares of Teradata by 88.0% during the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares during the last quarter. Hexagon Capital Partners LLC grew its holdings in shares of Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after purchasing an additional 507 shares during the last quarter. Allworth Financial LP grew its holdings in shares of Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after purchasing an additional 569 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of Teradata by 2,934.1% during the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after purchasing an additional 1,291 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Price Performance

Teradata stock opened at $28.96 on Friday. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 34.47, a PEG ratio of 2.92 and a beta of 0.80. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44. The stock’s 50 day moving average price is $30.33 and its two-hundred day moving average price is $31.28. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The firm had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.14 EPS. On average, equities analysts predict that Teradata Co. will post 1.41 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 10.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. The trade was a 5.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on TDC shares. Northland Securities reduced their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. UBS Group boosted their price target on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Evercore ISI boosted their price target on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $39.91.

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.