Focus Partners Wealth Purchases New Shares in Teradata Co. (NYSE:TDC)

Focus Partners Wealth purchased a new position in shares of Teradata Co. (NYSE:TDC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,624 shares of the technology company's stock, valued at approximately $399,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Deutsche Bank AG grew its stake in Teradata by 186.9% during the 4th quarter. Deutsche Bank AG now owns 129,660 shares of the technology company's stock worth $4,039,000 after buying an additional 84,473 shares during the last quarter. D. E. Shaw & Co. Inc. grew its stake in shares of Teradata by 19.4% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 643,254 shares of the technology company's stock worth $20,037,000 after acquiring an additional 104,702 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of Teradata by 55.0% during the fourth quarter. Captrust Financial Advisors now owns 22,532 shares of the technology company's stock worth $702,000 after acquiring an additional 7,996 shares during the last quarter. Bayesian Capital Management LP acquired a new position in shares of Teradata during the fourth quarter valued at about $455,000. Finally, BNP Paribas Financial Markets raised its position in shares of Teradata by 58.4% in the 4th quarter. BNP Paribas Financial Markets now owns 177,502 shares of the technology company's stock valued at $5,529,000 after purchasing an additional 65,453 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Stock Performance

Shares of NYSE TDC traded down $0.54 during trading on Monday, reaching $21.54. 738,314 shares of the company traded hands, compared to its average volume of 1,035,971. The stock has a market cap of $2.06 billion, a P/E ratio of 18.41, a PEG ratio of 6.23 and a beta of 0.80. The firm's fifty day simple moving average is $21.81 and its 200 day simple moving average is $26.59. 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 Co. has a 12-month low of $18.43 and a 12-month high of $35.60.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.09. Teradata had a return on equity of 149.16% and a net margin of 6.51%. The company had revenue of $418.00 million during the quarter, compared to analysts' expectations of $423.85 million. During the same period last year, the business earned $0.57 earnings per share. Teradata's quarterly revenue was down 10.1% on a year-over-year basis. As a group, research analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TDC. Royal Bank of Canada cut their price target on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 12th. Evercore ISI dropped their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Northland Securities downgraded Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price on the stock. in a research report on Wednesday, May 7th. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target for the company in a research report on Tuesday, April 8th. Finally, Barclays dropped their price target on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $27.50.

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.