D. E. Shaw & Co. Inc. Increases Stock Position in Teradata Co. (NYSE:TDC)

D. E. Shaw & Co. Inc. increased its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 19.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 643,254 shares of the technology company's stock after purchasing an additional 104,702 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.67% of Teradata worth $20,037,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors grew its holdings in shares of Teradata by 55.0% in the fourth quarter. Captrust Financial Advisors now owns 22,532 shares of the technology company's stock valued at $702,000 after acquiring an additional 7,996 shares in the last quarter. Bayesian Capital Management LP purchased a new position in Teradata in the fourth quarter worth $455,000. BNP Paribas Financial Markets boosted its position in Teradata by 58.4% in the fourth quarter. BNP Paribas Financial Markets now owns 177,502 shares of the technology company's stock worth $5,529,000 after purchasing an additional 65,453 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Teradata by 12.4% in the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock valued at $169,756,000 after purchasing an additional 599,394 shares during the period. Finally, AXA S.A. increased its position in shares of Teradata by 34.1% during the 4th quarter. AXA S.A. now owns 246,714 shares of the technology company's stock valued at $7,685,000 after purchasing an additional 62,682 shares during the last quarter. 90.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TDC shares. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target for the company. in a research report on Wednesday, May 7th. Evercore ISI reduced their target price 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. Northland Capmk lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. JMP Securities reiterated a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Guggenheim decreased their target price on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Teradata has an average rating of "Hold" and an average price target of $27.50.

Teradata Price Performance

Shares of NYSE TDC opened at $22.47 on Monday. 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 fifty-two week low of $18.43 and a fifty-two week high of $35.60. The stock has a market cap of $2.15 billion, a PE ratio of 19.21, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. The stock has a fifty day moving average of $21.85 and a 200-day moving average of $27.26.

Teradata (NYSE:TDC - Get Free Report) last posted its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share for the quarter, beating 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 business had revenue of $418.00 million during the quarter, compared to analyst estimates of $423.85 million. During the same quarter in the previous year, the firm earned $0.57 EPS. The company's quarterly revenue was down 10.1% compared to the same quarter last year. Equities research analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current 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.

Want to see what other hedge funds are holding TDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradata Co. (NYSE:TDC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.