XTX Topco Ltd Makes New $332,000 Investment in Teradata Corporation (NYSE:TDC)

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 acquired a new position in shares of Teradata Corporation (NYSE:TDC - Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 14,751 shares of the technology company's stock, valued at approximately $332,000.

A number of other institutional investors have also recently added to or reduced their stakes in TDC. Tsfg LLC bought a new position in shares of Teradata in the first quarter worth $26,000. UMB Bank n.a. grew its stake in shares of Teradata by 153.1% in the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock worth $43,000 after purchasing an additional 1,153 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Teradata by 150.9% in the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company's stock worth $103,000 after purchasing an additional 2,760 shares in the last quarter. Raiffeisen Bank International AG bought a new position in shares of Teradata in the fourth quarter worth $117,000. Finally, New Vernon Capital Holdings II LLC bought a new position in shares of Teradata in the fourth quarter worth $133,000. 90.31% of the stock is currently owned by institutional investors.

Teradata Trading Down 1.6%

Shares of NYSE TDC traded down $0.35 during mid-day trading on Thursday, hitting $21.06. 218,507 shares of the company traded hands, compared to its average volume of 1,275,860. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 18.66, a PEG ratio of 4.91 and a beta of 0.83. Teradata Corporation has a 1 year low of $18.43 and a 1 year high of $33.69. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.78. The business has a 50 day moving average of $21.84 and a two-hundred day moving average of $22.96.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. Teradata had a return on equity of 96.29% and a net margin of 6.57%. The company had revenue of $408.00 million during the quarter, compared to the consensus estimate of $399.73 million. During the same period last year, the business earned $0.64 EPS. The business's quarterly revenue was down 6.4% on a year-over-year basis. On average, sell-side analysts anticipate that Teradata Corporation will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TDC shares. UBS Group decreased their price target on Teradata from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Guggenheim decreased their target price on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, May 7th. Finally, Northland Securities cut Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price for the company. in a research note on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $26.86.

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.