Bridgewater Associates LP Acquires 72,082 Shares of Teradata Co. (NYSE:TDC)

Bridgewater Associates LP boosted its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 42.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 242,973 shares of the technology company's stock after purchasing an additional 72,082 shares during the period. Bridgewater Associates LP owned 0.25% of Teradata worth $7,569,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TDC shares. Barclays reduced their price objective on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday. StockNews.com lowered shares of Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. JMP Securities reissued a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Evercore ISI decreased their target price on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Finally, Morgan Stanley raised shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a report on Tuesday, April 8th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Teradata currently has an average rating of "Hold" and a consensus price target of $33.70.

Teradata Trading Up 1.1 %

TDC traded up $0.21 during midday trading on Tuesday, reaching $20.16. 100,342 shares of the company's stock traded hands, compared to its average volume of 1,038,341. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. Teradata Co. has a 52 week low of $18.43 and a 52 week high of $38.45. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 17.25, a P/E/G ratio of 6.23 and a beta of 0.87. The firm has a fifty day moving average of $22.52 and a two-hundred day moving average of $28.23.

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

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.