The Teradata Co. (TDC) Stake Increased by New Mexico Educational Retirement Board

The Teradata Co. (TDC) Stake Increased by New Mexico Educational Retirement Board

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Teradata during the fourth quarter worth about $35,022,000. FIL Ltd increased its stake in shares of Teradata by 145.9% in the fourth quarter. FIL Ltd now owns 1,934,235 shares of the technology company’s stock worth $52,553,000 after buying an additional 1,147,610 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Teradata by 363.8% in the first quarter. American Century Companies Inc. now owns 1,151,131 shares of the technology company’s stock worth $35,823,000 after buying an additional 902,948 shares during the last quarter. Guggenheim Capital LLC increased its stake in shares of Teradata by 50.0% in the fourth quarter. Guggenheim Capital LLC now owns 1,766,972 shares of the technology company’s stock worth $48,009,000 after buying an additional 589,066 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Teradata during the fourth quarter worth about $14,605,000. 99.75% of the stock is owned by institutional investors and hedge funds.

New Mexico Educational Retirement Board increased its position in Teradata Co. (NYSE:TDC) by 0.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,298 shares of the technology company’s stock after buying an additional 100 shares during the period. New Mexico Educational Retirement Board’s holdings in Teradata were worth $414,000 as of its most recent filing with the SEC.

Shares of Teradata Co. (TDC) opened at 27.40 on Monday. The firm has a 50-day moving average price of $29.34 and a 200-day moving average price of $29.40. The stock has a market cap of $3.54 billion, a PE ratio of 21.37 and a beta of 1.33. Teradata Co. has a 52 week low of $24.27 and a 52 week high of $33.32.

Several equities analysts have weighed in on TDC shares. TheStreet raised Teradata from a “c” rating to a “b-” rating in a research report on Thursday, March 9th. BTIG Research started coverage on Teradata in a research report on Monday, April 17th. They issued a “neutral” rating for the company. BMO Capital Markets lifted their target price on Teradata from $27.00 to $32.00 and gave the company a “market perform” rating in a research report on Friday, February 10th. Deutsche Bank AG reiterated a “hold” rating and issued a $30.00 price objective (down previously from $32.00) on shares of Teradata in a research note on Saturday, April 29th. Finally, Mizuho cut Teradata from a “neutral” rating to an “underperform” rating and set a $26.00 price objective for the company. in a research note on Thursday, February 16th. Six research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. Teradata has an average rating of “Hold” and an average price target of $28.38. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TDC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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