John G Ullman & Associates Inc. Has $4.40 Million Holdings in Teradata Co. (NYSE:TDC)

John G Ullman & Associates Inc. grew its holdings in Teradata Co. (NYSE:TDC) by 46.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,850 shares of the technology company’s stock after acquiring an additional 46,200 shares during the quarter. John G Ullman & Associates Inc. owned 0.15% of Teradata worth $4,395,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Crossmark Global Holdings Inc. boosted its holdings in Teradata by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock valued at $219,000 after purchasing an additional 315 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Teradata by 3.4% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company’s stock valued at $370,000 after buying an additional 351 shares during the period. Arizona State Retirement System grew its position in Teradata by 1.5% during the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock worth $942,000 after buying an additional 390 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in Teradata by 2.1% during the third quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock valued at $636,000 after acquiring an additional 434 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after acquiring an additional 447 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TDC. TD Cowen decreased their price objective on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a report on Tuesday, August 6th. Barclays decreased their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Northland Securities dropped their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. JMP Securities lowered shares of Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. Finally, Morgan Stanley dropped their price target on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $39.91.

Insider Buying and Selling

In related news, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the transaction, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. This trade represents a 10.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. The trade was a 5.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by corporate insiders.

Teradata Price Performance

Shares of Teradata stock opened at $29.97 on Thursday. Teradata Co. has a 1-year low of $24.02 and a 1-year high of $49.44. The firm’s 50-day moving average price is $30.45 and its two-hundred day moving average price is $31.08. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of 35.68, a P/E/G ratio of 2.90 and a beta of 0.80.

Teradata (NYSE:TDC) last released its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The business’s revenue was up .5% on a year-over-year basis. During the same period last year, the firm posted $0.14 EPS. On average, equities analysts predict that Teradata Co. will post 1.41 earnings per share for the current fiscal year.

About Teradata

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.