Hsbc Holdings PLC Purchases 48,427 Shares of Teradata Corporation $TDC

Key Points

• Hsbc Holdings PLC increased its Teradata stake by 466.3% in the second quarter, acquiring 48,427 additional shares and bringing its total to 58,813 shares valued at approximately $2.05 million. Institutional investors now own 90.31% of Teradata.
• Analyst sentiment remains mixed, with three Buy, six Hold, and one Sell rating; the stock has an average rating of Hold and an average price target of $34.78.
• Teradata reported quarterly earnings of $0.69 per share, exceeding the $0.56 consensus estimate, while revenue of $410 million also topped expectations. Shares opened at $27.86, within a 52-week range of $20.33 to $41.78.

Hsbc Holdings PLC raised its holdings in shares of Teradata Corporation (NYSE:TDC - Free Report) by 466.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,813 shares of the technology company's stock after purchasing an additional 48,427 shares during the period. Hsbc Holdings PLC owned approximately 0.06% of Teradata worth $2,046,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of TDC. Northwestern Mutual Wealth Management Co. purchased a new position in Teradata in the second quarter worth about $30,000. Financial Management Professionals Inc. purchased a new stake in shares of Teradata during the 2nd quarter valued at about $36,000. Elevation Wealth Partners LLC lifted its stake in shares of Teradata by 587.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company's stock worth $41,000 after purchasing an additional 1,010 shares during the period. SJS Investment Consulting Inc. boosted its holdings in shares of Teradata by 25,800.0% in the first quarter. SJS Investment Consulting Inc. now owns 1,813 shares of the technology company's stock worth $46,000 after buying an additional 1,806 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new position in shares of Teradata in the second quarter worth approximately $46,000. 90.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TDC shares. Royal Bank Of Canada reissued a "sector perform" rating and set a $34.00 price objective on shares of Teradata in a research report on Thursday, July 16th. Morgan Stanley reiterated an "equal weight" rating and set a $29.00 target price (down from $35.00) on shares of Teradata in a research report on Monday, August 10th. Citigroup cut their price target on Teradata from $39.00 to $36.00 and set a "buy" rating for the company in a report on Thursday, August 6th. UBS Group upped their price target on Teradata from $34.00 to $36.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Teradata in a research report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell 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 $34.78.

Teradata Stock Performance

TDC opened at $27.86 on Friday. The stock has a market cap of $2.59 billion, a P/E ratio of 5.86, a P/E/G ratio of 2.03 and a beta of 0.58. The firm has a fifty day moving average price of $29.48 and a 200 day moving average price of $29.69. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.91 and a quick ratio of 0.91. Teradata Corporation has a 1 year low of $20.33 and a 1 year high of $41.78.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 47.25% and a net margin of 27.08%.The business had revenue of $410.00 million during the quarter, compared to analysts' expectations of $396.13 million. During the same period in the previous year, the business earned $0.47 earnings per share. The business's revenue was up .5% compared to the same quarter last year. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. Equities research analysts anticipate that Teradata Corporation will post 1.79 earnings per share for the current year.

About Teradata

Teradata Corporation NYSE: TDC is a data and analytics company that provides cloud-based and enterprise data-management solutions. Its platform is designed to help organizations collect, integrate, govern and analyze data from multiple sources, supporting business intelligence, advanced analytics and artificial intelligence initiatives.

The company's offerings include Teradata Vantage, its analytics and data-platform technology, and VantageCloud, a cloud-based version available through public, private and hybrid cloud environments.

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