Teradata Co. (NYSE:TDC) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG raised its holdings in Teradata Co. (NYSE:TDC - Free Report) by 186.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 129,660 shares of the technology company's stock after acquiring an additional 84,473 shares during the quarter. Deutsche Bank AG owned approximately 0.14% of Teradata worth $4,039,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Venturi Wealth Management LLC grew its position in Teradata by 20.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after acquiring an additional 365 shares during the last quarter. Xponance Inc. grew its position in Teradata by 2.3% in the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock valued at $594,000 after acquiring an additional 428 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Teradata by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock valued at $361,000 after acquiring an additional 431 shares during the last quarter. Aster Capital Management DIFC Ltd grew its position 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 valued at $49,000 after acquiring an additional 543 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its position in Teradata by 0.8% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 71,158 shares of the technology company's stock valued at $2,217,000 after acquiring an additional 568 shares during the last quarter. Institutional investors own 90.31% of the company's stock.

Teradata Stock Down 2.4%

Shares of NYSE TDC traded down $0.54 during mid-day trading on Friday, reaching $21.54. 738,314 shares of the company were exchanged, compared to its average volume of 1,035,971. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 6.23 and a beta of 0.80. Teradata Co. has a 1 year low of $18.43 and a 1 year high of $35.60. The firm has a 50-day moving average of $21.84 and a 200 day moving average of $26.65.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 149.16% and a net margin of 6.51%. The firm's quarterly revenue was down 10.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 EPS. On average, research analysts expect that Teradata Co. will post 1.31 earnings per share for the current year.

Analysts Set New Price Targets

TDC has been the topic of several research analyst reports. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 8th. Morgan Stanley upgraded Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 target price for the company in a report on Tuesday, April 8th. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Evercore ISI lowered their target price on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Finally, Barclays lowered their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a report on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $27.50.

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.