Canada Pension Plan Investment Board Has $4.29 Million Stock Holdings in Teradata Co. (NYSE:TDC)

Canada Pension Plan Investment Board decreased its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 21.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,700 shares of the technology company's stock after selling 36,500 shares during the period. Canada Pension Plan Investment Board owned approximately 0.14% of Teradata worth $4,289,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in TDC. Marshall Wace LLP grew its position in Teradata by 107.7% in the fourth quarter. Marshall Wace LLP now owns 107,197 shares of the technology company's stock valued at $3,339,000 after purchasing an additional 55,597 shares in the last quarter. NewEdge Advisors LLC grew its position in Teradata by 772.8% in the fourth quarter. NewEdge Advisors LLC now owns 9,042 shares of the technology company's stock valued at $282,000 after purchasing an additional 8,006 shares in the last quarter. Bridgewater Associates LP grew its position in Teradata by 42.2% in the fourth quarter. Bridgewater Associates LP now owns 242,973 shares of the technology company's stock valued at $7,569,000 after purchasing an additional 72,082 shares in the last quarter. Mariner LLC grew its position in Teradata by 34.5% in the fourth quarter. Mariner LLC now owns 10,991 shares of the technology company's stock valued at $342,000 after purchasing an additional 2,821 shares in the last quarter. Finally, Barclays PLC grew its position in Teradata by 7.1% in the fourth quarter. Barclays PLC now owns 181,808 shares of the technology company's stock valued at $5,663,000 after purchasing an additional 12,121 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on TDC. Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a research note on Tuesday, April 8th. Evercore ISI dropped their price objective on Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. StockNews.com lowered Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. JMP Securities restated a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Barclays dropped their price objective 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 given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $33.70.

Teradata Stock Performance

Shares of NYSE TDC traded down $0.01 during trading hours on Monday, reaching $21.60. 738,135 shares of the stock were exchanged, compared to its average volume of 1,044,877. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 6.23 and a beta of 0.87. 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 Co. has a 52 week low of $18.43 and a 52 week high of $38.45. The stock's fifty day simple moving average is $22.16 and its 200 day simple moving average is $27.89.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share 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%. Sell-side analysts predict that Teradata Co. will post 1.31 EPS for the current 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.