GAMMA Investing LLC Boosts Holdings in Teradata Corporation (NYSE:TDC)

GAMMA Investing LLC boosted its position in Teradata Corporation (NYSE:TDC - Free Report) by 5,540.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 103,161 shares of the technology company's stock after acquiring an additional 101,332 shares during the period. GAMMA Investing LLC owned 0.11% of Teradata worth $2,319,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd raised 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 valued at $49,000 after purchasing an additional 543 shares during the period. Venturi Wealth Management LLC grew its stake 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 buying an additional 365 shares in the last quarter. Raiffeisen Bank International AG bought a new stake in Teradata during the 4th quarter valued at $117,000. New Vernon Capital Holdings II LLC purchased a new stake in shares of Teradata during the fourth quarter worth $133,000. Finally, SRS Capital Advisors Inc. lifted its position in shares of Teradata by 2,111.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company's stock worth $134,000 after acquiring an additional 4,118 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TDC shares. Guggenheim reduced their price target on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Barclays reduced 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. Northland Capmk downgraded shares of Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective for the company. in a research report on Wednesday, May 7th. Finally, UBS Group raised shares of Teradata from a "sell" rating to a "hold" rating and decreased their target price for the stock from $26.00 to $24.00 in a report on Friday, June 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $27.25.

Teradata Price Performance

TDC traded up $0.10 on Tuesday, reaching $22.14. The company had a trading volume of 1,152,736 shares, compared to its average volume of 1,045,807. Teradata Corporation has a 52-week low of $18.43 and a 52-week high of $35.60. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 15.59, a P/E/G ratio of 6.59 and a beta of 0.83. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.82 and a current ratio of 0.84. The business has a 50 day simple moving average of $21.83 and a 200 day simple moving average of $25.72.

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, beating the consensus estimate of $0.57 by $0.09. Teradata had a net margin of 8.10% and a return on equity of 129.98%. The firm had revenue of $418.00 million for the quarter, compared to analysts' expectations of $423.85 million. During the same quarter last year, the company posted $0.57 EPS. The business's quarterly revenue was down 10.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Teradata Corporation will post 1.31 EPS for the current 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.