Bayesian Capital Management LP Makes New $455,000 Investment in Teradata Co. (NYSE:TDC)

Bayesian Capital Management LP purchased a new stake in Teradata Co. (NYSE:TDC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,600 shares of the technology company's stock, valued at approximately $455,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TDC. Venturi Wealth Management LLC raised its stake in Teradata by 20.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after acquiring an additional 365 shares in the last quarter. Tealwood Asset Management Inc. increased its position in shares of Teradata by 0.9% during the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock worth $1,266,000 after purchasing an additional 368 shares in the last quarter. Xponance Inc. lifted its holdings in shares of Teradata by 2.3% in the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock valued at $594,000 after purchasing an additional 428 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Teradata by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock valued at $361,000 after purchasing an additional 431 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Teradata by 2.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company's stock valued at $618,000 after purchasing an additional 455 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Royal Bank of Canada decreased their price objective on Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a report on Wednesday, February 12th. Northland Capmk downgraded shares of Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Barclays reduced their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a report on Monday, April 21st. Guggenheim decreased their target price on shares of Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday. Finally, JMP Securities restated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Teradata has a consensus rating of "Hold" and an average target price of $27.50.

Teradata Stock Performance

TDC traded down $0.18 during trading on Friday, reaching $22.47. The company's stock had a trading volume of 1,164,278 shares, compared to its average volume of 1,026,823. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 19.21, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. The company's fifty day moving average price is $21.85 and its 200-day moving average price is $27.32. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $35.60. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.09. Teradata had a return on equity of 149.16% and a net margin of 6.51%. The firm had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. Teradata's quarterly revenue was down 10.1% on a year-over-year basis. On average, equities analysts forecast that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Teradata Company 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.