Graham Capital Management L.P. Sells 25,235 Shares of Teradata Co. (NYSE:TDC)

Graham Capital Management L.P. cut its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 71.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TDC. Independence Bank of Kentucky acquired a new stake in Teradata during the fourth quarter worth $37,000. Aster Capital Management DIFC Ltd boosted its position in shares of Teradata by 53.0% during 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 in the last quarter. Venturi Wealth Management LLC increased 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 valued at $66,000 after acquiring an additional 365 shares during the period. New Vernon Capital Holdings II LLC acquired a new position in Teradata in the fourth quarter worth about $133,000. Finally, SRS Capital Advisors Inc. lifted its stake in 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 purchasing an additional 4,118 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TDC. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Guggenheim cut their price objective on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Royal Bank of Canada lowered their target price on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 12th. Northland Securities downgraded shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target for the company. in a report on Wednesday, May 7th. Finally, Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target on the stock in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, Teradata currently has a consensus rating of "Hold" and a consensus target price of $27.50.

Teradata Stock Down 0.9%

Shares of NYSE:TDC opened at $22.91 on Friday. 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 firm has a market cap of $2.19 billion, a P/E ratio of 19.58, a P/E/G ratio of 6.23 and a beta of 0.80. Teradata Co. has a 12 month low of $18.43 and a 12 month high of $35.60. The company's 50-day moving average price is $21.90 and its two-hundred day moving average price is $26.99.

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

Teradata Company 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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