AQR Capital Management LLC Boosts Holdings in Teradata Co. (NYSE:TDC)

AQR Capital Management LLC raised its stake in Teradata Co. (NYSE:TDC - Free Report) by 17.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,839,658 shares of the technology company's stock after buying an additional 416,585 shares during the quarter. AQR Capital Management LLC owned approximately 2.97% of Teradata worth $88,029,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pacer Advisors Inc. raised its stake in Teradata by 5.2% during the fourth quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company's stock worth $67,899,000 after purchasing an additional 108,426 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Teradata by 8.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company's stock valued at $37,930,000 after acquiring an additional 91,211 shares during the last quarter. Norges Bank purchased a new position in Teradata in the fourth quarter worth approximately $36,315,000. Victory Capital Management Inc. increased its stake in Teradata by 742.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after acquiring an additional 993,358 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Teradata by 30.5% during the 4th quarter. Northern Trust Corp now owns 1,101,181 shares of the technology company's stock worth $34,302,000 after purchasing an additional 257,649 shares during the period. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Stock Performance

Shares of Teradata stock traded up $0.01 on Tuesday, hitting $22.11. The stock had a trading volume of 251,875 shares, compared to its average volume of 1,038,125. The company's 50 day moving average price is $21.94 and its 200 day moving average price is $27.53. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 18.91, a P/E/G ratio of 6.23 and a beta of 0.80. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $38.45.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, research analysts anticipate that Teradata Co. will post 1.31 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Evercore ISI lowered their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. StockNews.com cut Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Royal Bank of Canada dropped their price objective on Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 12th. Finally, Barclays decreased their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $33.70.

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.