Deutsche Bank AG Acquires 84,473 Shares of Teradata Co. (NYSE:TDC)

Deutsche Bank AG grew its holdings in shares of Teradata Co. (NYSE:TDC - Free Report) by 186.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 129,660 shares of the technology company's stock after buying an additional 84,473 shares during the quarter. Deutsche Bank AG owned 0.14% of Teradata worth $4,039,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Independence Bank of Kentucky bought a new position in shares of Teradata during the fourth quarter valued at approximately $37,000. Aster Capital Management DIFC Ltd grew its stake in 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 in the last quarter. Venturi Wealth Management LLC grew its stake in Teradata by 20.9% in the fourth 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. New Vernon Capital Holdings II LLC bought a new position in Teradata in the fourth quarter worth approximately $133,000. Finally, SRS Capital Advisors Inc. grew its stake in Teradata by 2,111.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company's stock worth $134,000 after purchasing an additional 4,118 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Teradata Stock Down 0.9%

Shares of NYSE TDC opened at $22.69 on Tuesday. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 6.23 and a beta of 0.80. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $35.60. The business's 50 day moving average is $21.91 and its two-hundred day moving average is $26.88.

Teradata (NYSE:TDC - Get Free Report) last posted 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. 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 analyst estimates of $423.85 million. During the same quarter in the prior year, the company earned $0.57 earnings per share. The company's revenue was down 10.1% on a year-over-year basis. Research analysts predict that Teradata Co. will post 1.31 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TDC shares. Guggenheim dropped their price objective on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Barclays dropped their price objective on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. JMP Securities reissued a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Royal Bank of Canada cut their price target on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 12th. Finally, Evercore ISI lowered their price objective on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Teradata currently has an average rating of "Hold" and a consensus price target 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.

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