Teradata (NYSE:TDC) was upgraded by equities research analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research note issued on Tuesday, The Fly reports.

TDC has been the topic of a number of other research reports. BMO Capital Markets upped their target price on Teradata from $32.00 to $40.00 and gave the stock a “market perform” rating in a research note on Friday, November 3rd. UBS Group upped their price target on Teradata from $24.00 to $30.00 and gave the stock a “sell” rating in a report on Thursday, November 9th. Zacks Investment Research cut Teradata from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Mizuho upped their price target on Teradata from $26.00 to $32.00 and gave the stock an “underperform” rating in a report on Thursday, November 2nd. Finally, Deutsche Bank upped their price target on Teradata from $30.00 to $32.00 and gave the stock a “hold” rating in a report on Tuesday, October 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $33.00.

Shares of Teradata (TDC) opened at $38.85 on Tuesday. Teradata has a one year low of $27.05 and a one year high of $39.33. The company has a quick ratio of 1.56, a current ratio of 1.61 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $4,729.89, a PE ratio of 79.29, a PEG ratio of 13.03 and a beta of 1.26.

Teradata (NYSE:TDC) last issued its earnings results on Thursday, November 2nd. The technology company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Teradata had a return on equity of 16.47% and a net margin of 3.01%. The firm had revenue of $526.00 million for the quarter, compared to the consensus estimate of $511.23 million. During the same quarter in the prior year, the business earned $0.69 earnings per share. The company’s revenue was down 4.7% compared to the same quarter last year. research analysts expect that Teradata will post 0.91 EPS for the current fiscal year.

In other Teradata news, CFO Mark Culhane purchased 4,500 shares of Teradata stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average price of $37.66 per share, with a total value of $169,470.00. Following the acquisition, the chief financial officer now owns 29,924 shares of the company’s stock, valued at approximately $1,126,937.84. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.73% of the company’s stock.

Several institutional investors have recently made changes to their positions in TDC. BlackRock Inc. raised its holdings in shares of Teradata by 42.6% during the second quarter. BlackRock Inc. now owns 11,126,276 shares of the technology company’s stock valued at $328,115,000 after acquiring an additional 3,324,754 shares during the last quarter. Alyeska Investment Group L.P. raised its holdings in shares of Teradata by 259.2% during the third quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock valued at $93,402,000 after acquiring an additional 1,994,620 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of Teradata during the third quarter valued at approximately $33,107,000. Canada Pension Plan Investment Board raised its holdings in shares of Teradata by 131.2% during the third quarter. Canada Pension Plan Investment Board now owns 839,067 shares of the technology company’s stock valued at $28,352,000 after acquiring an additional 476,100 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Teradata by 21.7% during the third quarter. First Trust Advisors LP now owns 1,937,706 shares of the technology company’s stock valued at $65,475,000 after acquiring an additional 345,746 shares during the last quarter. 97.89% of the stock is owned by institutional investors and hedge funds.

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About Teradata

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

The Fly

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