Hsbc Holdings PLC Raises Holdings in Teradata Corporation $TDC

Key Points

• Hsbc Holdings PLC increased its stake in Teradata Corporation by 857.9%, acquiring an additional 80,061 shares in the first quarter, bringing its total holding to 89,393 shares.
• Major institutional investors, including UMB Bank and GAMMA Investing LLC, also significantly increased their holdings in Teradata during the same period, with 90.31% of the stock currently owned by hedge funds and other institutions.
• Despite recent analyst downgrades, Teradata reported earnings of $0.47 per share, outperforming expectations, and its consensus target price now stands at $26.86.

Hsbc Holdings PLC boosted its stake in shares of Teradata Corporation (NYSE:TDC - Free Report) by 857.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,393 shares of the technology company's stock after buying an additional 80,061 shares during the period. Hsbc Holdings PLC owned 0.09% of Teradata worth $1,996,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in TDC. Tsfg LLC purchased a new stake in shares of Teradata during the 1st quarter worth $26,000. UMB Bank n.a. grew its stake in Teradata by 153.1% in the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock valued at $43,000 after purchasing an additional 1,153 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in Teradata in the first quarter worth about $76,000. US Bancorp DE lifted its position in shares of Teradata by 23.0% during the first quarter. US Bancorp DE now owns 4,337 shares of the technology company's stock valued at $97,000 after buying an additional 811 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Teradata by 150.9% in the 1st quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company's stock valued at $103,000 after buying an additional 2,760 shares in the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TDC has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Teradata from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. Northland Capmk downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Wall Street Zen lowered Teradata from a "buy" rating to a "hold" rating in a research note on Saturday, August 23rd. Guggenheim decreased their price objective on shares of Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Finally, Northland Securities cut 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 note on Wednesday, May 7th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $26.86.

Teradata Price Performance

NYSE:TDC opened at $21.11 on Thursday. Teradata Corporation has a one year low of $18.43 and a one year high of $33.69. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 4.89 and a beta of 0.83. The firm's fifty day moving average is $21.60 and its two-hundred day moving average is $22.21.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. The business had revenue of $408.00 million during the quarter, compared to the consensus estimate of $399.73 million. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The company's revenue was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 earnings per share. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. Research analysts expect that Teradata Corporation will post 1.31 EPS for the current year.

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.

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