Alliancebernstein L.P. Reduces Stock Position in Teradata Co. (NYSE:TDC)

Alliancebernstein L.P. trimmed its holdings in shares of Teradata Co. (NYSE:TDC) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,096 shares of the technology company’s stock after selling 3,267 shares during the quarter. Alliancebernstein L.P.’s holdings in Teradata were worth $4,395,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Independence Bank of Kentucky purchased a new position in Teradata in the 4th quarter worth about $37,000. GAMMA Investing LLC grew its stake in Teradata by 91.5% in the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock worth $57,000 after acquiring an additional 874 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock worth $66,000 after acquiring an additional 365 shares during the period. Versant Capital Management Inc raised its stake in shares of Teradata by 210.2% during the fourth quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company’s stock valued at $80,000 after acquiring an additional 1,747 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its holdings in shares of Teradata by 2,111.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company’s stock valued at $134,000 after purchasing an additional 4,118 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Trading Down 0.9 %

Teradata stock opened at $20.44 on Monday. Teradata Co. has a one year low of $18.43 and a one year high of $38.45. The stock has a market cap of $1.96 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 6.23 and a beta of 0.87. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The stock has a 50-day moving average of $23.67 and a two-hundred day moving average of $28.64.

Teradata (NYSE:TDC) last released its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, research analysts anticipate that Teradata Co. will post 1.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TDC. StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 8th. Evercore ISI reduced their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Guggenheim dropped their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Royal Bank of Canada reduced their price objective on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Finally, Morgan Stanley raised Teradata from an “equal weight” rating to an “overweight” rating and set a $26.00 target price on the stock in a research report on Tuesday, April 8th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $34.00.

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.