AMH Equity Ltd Takes $3.04 Million Position in Teradata Corporation (NYSE:TDC)

AMH Equity Ltd bought a new position in Teradata Corporation (NYSE:TDC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 135,000 shares of the technology company's stock, valued at approximately $3,035,000. Teradata makes up about 4.6% of AMH Equity Ltd's portfolio, making the stock its 6th largest holding. AMH Equity Ltd owned about 0.14% of Teradata as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Tsfg LLC acquired a new position in Teradata during the 1st quarter valued at about $26,000. Aster Capital Management DIFC Ltd increased its position in shares of Teradata by 53.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares during the period. UMB Bank n.a. grew its position in Teradata by 153.1% in the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock valued at $43,000 after acquiring an additional 1,153 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in shares of Teradata during the fourth quarter worth about $117,000. Finally, New Vernon Capital Holdings II LLC acquired a new position in shares of Teradata in the fourth quarter worth approximately $133,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TDC. Guggenheim dropped their price target on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating 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 on the stock in a research report on Tuesday, April 8th. UBS Group raised Teradata from a "sell" rating to a "hold" rating and dropped their price target for the company from $26.00 to $24.00 in a research report on Friday, June 6th. 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 report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $27.25.

Teradata Price Performance

Shares of Teradata stock traded up $0.55 during trading on Tuesday, hitting $22.09. 1,230,385 shares of the company were exchanged, compared to its average volume of 1,074,164. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 15.55, a P/E/G ratio of 6.44 and a beta of 0.83. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 3.11. Teradata Corporation has a fifty-two week low of $18.43 and a fifty-two week high of $33.69. The firm has a 50 day moving average price of $22.23 and a 200 day moving average price of $24.09.

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, topping the consensus estimate of $0.57 by $0.09. The firm had revenue of $418.00 million during the quarter, compared to analysts' expectations of $423.85 million. Teradata had a net margin of 8.10% and a return on equity of 129.98%. Teradata's revenue for the quarter was down 10.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 EPS. On average, equities analysts expect that Teradata Corporation will post 1.31 earnings per share for the current fiscal year.

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.