14,751 Shares in Teradata Corporation (NYSE:TDC) Bought by XTX Topco Ltd

Key Points

• XTX Topco Ltd purchased 14,751 shares of Teradata Corporation (NYSE:TDC) in the first quarter, totaling approximately $332,000.
• Wall Street analysts have mixed ratings on Teradata, with one research firm upgrading the stock to "buy" while others downgraded their ratings and target prices.
• In its latest earnings report, Teradata posted earnings per share of $0.47, surpassing expectations, but its revenue decreased by 6.4% compared to the same quarter last year.

XTX Topco Ltd purchased a new stake in shares of Teradata Corporation (NYSE:TDC - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 14,751 shares of the technology company's stock, valued at approximately $332,000.

Other hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC boosted its stake in Teradata by 1,220.2% during the 1st quarter. SG Americas Securities LLC now owns 45,019 shares of the technology company's stock valued at $1,012,000 after purchasing an additional 41,609 shares during the last quarter. Penserra Capital Management LLC boosted its stake in Teradata by 41.0% during the 1st quarter. Penserra Capital Management LLC now owns 502,048 shares of the technology company's stock valued at $11,286,000 after purchasing an additional 146,030 shares during the last quarter. Tidal Investments LLC acquired a new position in Teradata during the 4th quarter valued at about $631,000. Wedge Capital Management L L P NC boosted its stake in Teradata by 29.3% during the 1st quarter. Wedge Capital Management L L P NC now owns 74,831 shares of the technology company's stock valued at $1,682,000 after purchasing an additional 16,959 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Teradata by 111.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,174 shares of the technology company's stock worth $1,314,000 after buying an additional 22,246 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Price Performance

NYSE TDC traded up $0.45 during trading hours on Tuesday, hitting $20.61. The company had a trading volume of 1,026,435 shares, compared to its average volume of 1,102,285. The firm has a 50 day simple moving average of $21.86 and a 200 day simple moving average of $22.97. Teradata Corporation has a 52 week low of $18.43 and a 52 week high of $33.69. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 18.23, a PEG ratio of 4.80 and a beta of 0.83. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.84 and a current ratio of 0.84.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.41 by $0.06. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The company had revenue of $408.00 million during the quarter, compared to analysts' expectations of $399.73 million. During the same quarter in the previous year, the company earned $0.64 earnings per share. Teradata's revenue for the quarter was down 6.4% on a year-over-year basis. Equities research analysts expect that Teradata Corporation will post 1.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on TDC shares. Northland Securities downgraded Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective for the company. in a research note on Wednesday, May 7th. Barclays decreased their price objective on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a report on Monday, April 21st. Guggenheim dropped their target price on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Wall Street Zen upgraded shares of Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Finally, UBS Group lowered their price target on shares of Teradata from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Teradata currently has a consensus rating of "Hold" and a consensus target price of $26.86.

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.