Hillsdale Investment Management Inc. Buys 150,000 Shares of Teradata Co. (NYSE:TDC)

Hillsdale Investment Management Inc. increased its stake in Teradata Co. (NYSE:TDC) by 920.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 166,300 shares of the technology company’s stock after purchasing an additional 150,000 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Teradata were worth $5,180,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in shares of Teradata in the 3rd quarter valued at $27,000. Brooklyn Investment Group bought a new stake in Teradata during the 3rd quarter valued at $32,000. Independence Bank of Kentucky bought a new stake in Teradata during the 4th quarter valued at $37,000. Groupama Asset Managment bought a new stake in Teradata during the 3rd quarter valued at $50,000. Finally, GAMMA Investing LLC increased its stake in Teradata by 91.5% during the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after purchasing an additional 874 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Price Performance

Shares of NYSE:TDC opened at $22.97 on Friday. The company’s 50-day moving average is $27.02 and its 200 day moving average is $29.43. 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 company has a market capitalization of $2.17 billion, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. Teradata Co. has a fifty-two week low of $21.80 and a fifty-two week high of $39.70.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share 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, equities research analysts forecast that Teradata Co. will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on TDC shares. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 13th. Evercore ISI decreased their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. JMP Securities restated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Guggenheim reduced their target price on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Finally, Barclays reduced their target price on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research note on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $34.40.

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.