Bank Hapoalim BM Sells 1,510 Shares of Teradata Co. (NYSE:TDC)

Bank Hapoalim BM decreased its stake in Teradata Co. (NYSE:TDC) by 4.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 30,593 shares of the technology company’s stock after selling 1,510 shares during the period. Bank Hapoalim BM’s holdings in Teradata were worth $953,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Independence Bank of Kentucky bought a new stake in shares of Teradata in the fourth quarter valued at approximately $37,000. Robeco Institutional Asset Management B.V. raised its position in shares of Teradata by 87.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 348,127 shares of the technology company’s stock valued at $10,844,000 after purchasing an additional 161,957 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of Teradata in the fourth quarter valued at approximately $515,000. Pacer Advisors Inc. raised its position in shares of Teradata by 5.2% in the fourth quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock valued at $67,899,000 after purchasing an additional 108,426 shares during the period. Finally, KBC Group NV increased its holdings in Teradata by 3,861.1% during the 4th quarter. KBC Group NV now owns 103,623 shares of the technology company’s stock worth $3,228,000 after acquiring an additional 101,007 shares during the period. Institutional investors own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TDC shares. Evercore ISI upped their target price on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Barclays upped their target price on shares of Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $32.00 target price on shares of Teradata in a report on Tuesday, November 5th. UBS Group upped their target price on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Finally, Northland Securities decreased their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Teradata has an average rating of “Hold” and a consensus price target of $40.00.

Teradata Price Performance

Shares of Teradata stock opened at $31.95 on Wednesday. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 38.03, a price-to-earnings-growth ratio of 3.30 and a beta of 0.78. The company has a fifty day moving average of $31.69 and a 200-day moving average of $30.38. 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 announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The company had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter in the prior year, the company earned $0.14 EPS. The firm’s revenue was up .5% on a year-over-year basis. Equities research analysts expect that Teradata Co. will post 1.41 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.