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

Hillsdale Investment Management Inc. increased its holdings in shares of Teradata Co. (NYSE:TDC) by 920.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 166,300 shares of the technology company’s stock after acquiring an additional 150,000 shares during the quarter. Hillsdale Investment Management Inc. owned about 0.17% of Teradata worth $5,180,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Algert Global LLC increased its holdings in Teradata by 46.3% in the 3rd quarter. Algert Global LLC now owns 113,106 shares of the technology company’s stock valued at $3,432,000 after buying an additional 35,800 shares during the period. UNICOM Systems Inc. bought a new position in Teradata in the 4th quarter valued at about $3,162,000. Pacer Advisors Inc. increased its holdings in Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after buying an additional 369,123 shares during the period. Unified Investment Management bought a new position in Teradata in the 4th quarter valued at about $932,000. Finally, BNP Paribas Financial Markets increased its holdings in Teradata by 127.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 112,049 shares of the technology company’s stock valued at $3,400,000 after buying an additional 62,826 shares during the period. 90.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. JMP Securities reissued a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Evercore ISI decreased their target price on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Royal Bank of Canada decreased their target price on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 13th. Finally, Barclays reduced their price target on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $34.40.

Teradata Trading Up 0.4 %

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. Teradata Co. has a 1-year low of $21.80 and a 1-year high of $39.70. 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 company has a market cap of $2.17 billion, a P/E ratio of 19.63, a PEG ratio of 6.23 and a beta of 0.75.

Teradata (NYSE:TDC) last posted its earnings results 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%. Equities research analysts predict that Teradata Co. will post 1.31 earnings per share for the current fiscal 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.