Assenagon Asset Management S.A. Has $24.57 Million Stock Holdings in Teradata Co. (NYSE:TDC)

Assenagon Asset Management S.A. boosted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 42.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,093,028 shares of the technology company's stock after buying an additional 324,136 shares during the quarter. Assenagon Asset Management S.A. owned 1.14% of Teradata worth $24,571,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TDC. UMB Bank n.a. boosted its position in shares of Teradata by 153.1% in the 1st quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock valued at $43,000 after purchasing an additional 1,153 shares during the period. Aster Capital Management DIFC Ltd lifted its stake in Teradata by 53.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after acquiring an additional 543 shares in the last quarter. Venturi Wealth Management LLC raised its stake in shares of Teradata by 20.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after purchasing an additional 365 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Teradata by 150.9% during the 1st 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. Finally, Raiffeisen Bank International AG purchased a new stake in shares of Teradata during the 4th quarter worth about $117,000. Institutional investors own 90.31% of the company's stock.

Teradata Trading Down 3.4%

Shares of Teradata stock traded down $0.76 during trading on Friday, hitting $21.43. 734,838 shares of the company were exchanged, compared to its average volume of 1,043,539. The firm has a market capitalization of $2.05 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 6.23 and a beta of 0.83. Teradata Co. has a 1-year low of $18.43 and a 1-year high of $35.60. The firm's fifty day moving average price is $21.76 and its 200 day moving average price is $25.84. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79.

Teradata (NYSE:TDC - Get Free Report) last posted its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.09. The company had revenue of $418.00 million during the quarter, compared to analyst estimates of $423.85 million. Teradata had a return on equity of 149.16% and a net margin of 6.51%. The company's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.57 EPS. As a group, sell-side analysts expect that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a research note on Saturday. Guggenheim decreased their price objective on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Northland Securities lowered Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target on the stock. in a research note on Wednesday, May 7th. Barclays decreased 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. Finally, Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a research note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $27.25.

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.