Css LLC Il Makes New $426,000 Investment in Teradata Co. (NYSE:TDC)

CSS LLC IL purchased a new stake in Teradata Co. (NYSE:TDC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 13,676 shares of the technology company's stock, valued at approximately $426,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Teradata in the fourth quarter worth $36,315,000. Victory Capital Management Inc. lifted its position in Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after buying an additional 993,358 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Teradata by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock worth $169,756,000 after buying an additional 599,394 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Teradata by 17.2% during the 4th quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company's stock worth $88,029,000 after buying an additional 416,585 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Teradata by 470.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock worth $15,436,000 after buying an additional 408,595 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wall Street Zen lowered Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 8th. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. 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 report on Wednesday, May 7th. Royal Bank of Canada decreased their target price on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 12th. Finally, Barclays lowered their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $27.50.

Teradata Stock Performance

Shares of TDC traded down $0.54 during mid-day trading on Monday, reaching $21.54. The company's stock had a trading volume of 738,314 shares, compared to its average volume of 1,035,971. 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 1-year low of $18.43 and a 1-year high of $35.60. The business has a 50-day simple moving average of $21.84 and a two-hundred day simple moving average of $26.65. 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.

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

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.