Teradata Co. (NYSE:TDC) Stock Position Raised by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lifted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 19.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 643,254 shares of the technology company's stock after acquiring an additional 104,702 shares during the period. D. E. Shaw & Co. Inc. owned 0.67% of Teradata worth $20,037,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Independence Bank of Kentucky bought a new position in shares of Teradata during the fourth quarter worth about $37,000. Aster Capital Management DIFC Ltd grew its position in Teradata by 53.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock valued at $49,000 after buying an additional 543 shares in the last quarter. GAMMA Investing LLC grew its position in Teradata by 91.5% in the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock valued at $57,000 after buying an additional 874 shares in the last quarter. Venturi Wealth Management LLC grew its position in Teradata by 20.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after buying an additional 365 shares in the last quarter. Finally, New Vernon Capital Holdings II LLC bought a new position in Teradata in the 4th quarter valued at about $133,000. Institutional investors own 90.31% of the company's stock.

Teradata Price Performance

TDC stock traded down $0.21 on Friday, hitting $22.91. 1,051,607 shares of the company's stock traded hands, compared to its average volume of 1,033,149. Teradata Co. has a 1-year low of $18.43 and a 1-year high of $35.60. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 19.58, a P/E/G ratio of 6.23 and a beta of 0.80. The stock has a fifty day moving average of $21.90 and a 200-day moving average of $26.99. 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 (NYSE:TDC - Get Free Report) last released its earnings results on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The business had revenue of $418.00 million during the quarter, compared to analyst estimates of $423.85 million. During the same period in the prior year, the business earned $0.57 earnings per share. The business's quarterly revenue was down 10.1% on a year-over-year basis. On average, analysts forecast that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TDC. Northland Capmk lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. JMP Securities reiterated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. 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 report on Wednesday, May 7th. Barclays decreased their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. Finally, StockNews.com lowered shares of Teradata from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $27.50.

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.