Graham Capital Management L.P. Has $320,000 Position in Teradata Co. (NYSE:TDC)

Graham Capital Management L.P. lowered its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 71.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,277 shares of the technology company's stock after selling 25,235 shares during the period. Graham Capital Management L.P.'s holdings in Teradata were worth $320,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of TDC. Barclays PLC grew its position in shares of Teradata by 49.2% during the third quarter. Barclays PLC now owns 169,687 shares of the technology company's stock worth $5,150,000 after acquiring an additional 55,979 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Teradata by 73.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company's stock valued at $23,951,000 after buying an additional 324,442 shares in the last quarter. Merit Financial Group LLC bought a new position in Teradata in the 4th quarter valued at about $316,000. Impact Partnership Wealth LLC bought a new position in Teradata in the 4th quarter valued at about $224,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new position in Teradata in the 4th quarter valued at about $152,000. Institutional investors own 90.31% of the company's stock.

Teradata Trading Down 2.4%

Shares of TDC traded down $0.54 during midday trading on Friday, hitting $21.54. The stock had a trading volume of 738,314 shares, compared to its average volume of 1,035,683. Teradata Co. has a fifty-two week low of $18.43 and a fifty-two week 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 $26.69. The firm has a market cap of $2.06 billion, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. 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 (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.57 by $0.09. The business had revenue of $418.00 million during the quarter, compared to analysts' expectations of $423.85 million. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The firm's quarterly revenue was down 10.1% compared to the same quarter last year. During the same period last year, the company posted $0.57 earnings per share. As a group, equities analysts forecast that Teradata Co. will post 1.31 EPS for the current year.

Analysts Set New Price Targets

TDC has been the subject of a number of recent analyst reports. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price for the company. in a research report on Wednesday, May 7th. Northland Capmk lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. JMP Securities reiterated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Evercore ISI reduced their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada reduced their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research report on Wednesday, February 12th. Two 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $27.50.

About Teradata

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.