Mission Wealth Management LP Reduces Stock Holdings in Teradata Co. (NYSE:TDC)

Mission Wealth Management LP lowered its position in shares of Teradata Co. (NYSE:TDC) by 2.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 22,129 shares of the technology company’s stock after selling 514 shares during the quarter. Mission Wealth Management LP’s holdings in Teradata were worth $689,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. acquired a new stake in Teradata during the 3rd quarter worth about $27,000. Brooklyn Investment Group acquired a new stake in Teradata during the 3rd quarter worth about $32,000. Independence Bank of Kentucky acquired a new stake in Teradata during the 4th quarter worth about $37,000. International Assets Investment Management LLC lifted its position in Teradata by 2,934.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after acquiring an additional 1,291 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in Teradata during the 3rd quarter worth about $45,000. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Price Performance

NYSE:TDC opened at $23.25 on Wednesday. Teradata Co. has a 12 month low of $22.73 and a 12 month high of $39.70. The stock has a 50 day moving average of $29.39 and a two-hundred day moving average of $29.95. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The firm has a market cap of $2.20 billion, a P/E ratio of 19.87, a price-to-earnings-growth ratio of 6.23 and a beta of 0.78.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TDC shares. JMP Securities reissued a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Barclays decreased their price objective on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, February 12th. Royal Bank of Canada decreased their price objective on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. Evercore ISI decreased their price objective on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Finally, UBS Group upped 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. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $34.40.

About Teradata

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.