SRS Capital Advisors Inc. Has $134,000 Position in Teradata Co. (NYSE:TDC)

SRS Capital Advisors Inc. grew its holdings in Teradata Co. (NYSE:TDC) by 2,111.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,313 shares of the technology company’s stock after purchasing an additional 4,118 shares during the period. SRS Capital Advisors Inc.’s holdings in Teradata were worth $134,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Point72 Asset Management L.P. purchased a new stake in Teradata in the 3rd quarter worth about $27,000. Brooklyn Investment Group acquired a new position in shares of Teradata in the 3rd quarter valued at about $32,000. Independence Bank of Kentucky purchased a new stake in shares of Teradata in the fourth quarter worth approximately $37,000. International Assets Investment Management LLC boosted 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 period. Finally, Capital Performance Advisors LLP purchased a new position in Teradata during the third quarter valued at approximately $45,000. Institutional investors and hedge funds own 90.31% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on TDC. JMP Securities reiterated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Royal Bank of Canada cut 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. Guggenheim lowered their target price on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 13th. Finally, Barclays reduced their price target on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Teradata currently has an average rating of “Hold” and a consensus price target of $34.40.

Teradata Stock Up 1.0 %

TDC opened at $23.49 on Thursday. The firm has a market cap of $2.22 billion, a P/E ratio of 20.07, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. 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 business has a 50 day moving average price of $29.21 and a 200 day moving average price of $29.92. Teradata Co. has a twelve month low of $22.73 and a twelve month high of $39.70.

Teradata (NYSE:TDC) last issued its quarterly earnings data 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%. Research analysts forecast that Teradata Co. will post 1.31 EPS for the current year.

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.