Teradata Corporation $TDC Shares Acquired by Kestra Investment Management LLC

Key Points

• Kestra Investment Management LLC increased its stake in Teradata Corporation by 156.3% in Q1, owning 76,855 shares valued at approximately $1.72 million.
• Teradata reported Q2 earnings of $0.47 per share, exceeding estimates, though its revenue dropped by 6.4% year-over-year to $408 million.
• Analysts have a consensus rating of "Hold" on Teradata, with an average price target of $26.86, following recent adjustments in ratings and price objectives from several firms.

Kestra Investment Management LLC boosted its stake in shares of Teradata Corporation (NYSE:TDC - Free Report) by 156.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 76,855 shares of the technology company's stock after buying an additional 46,867 shares during the period. Kestra Investment Management LLC owned 0.08% of Teradata worth $1,722,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TDC. Tsfg LLC acquired a new position in shares of Teradata during the 1st quarter valued at about $26,000. UMB Bank n.a. raised its stake in Teradata by 153.1% during the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock worth $43,000 after purchasing an additional 1,153 shares during the period. Zions Bancorporation National Association UT acquired a new position in Teradata in the 1st quarter valued at about $76,000. Raiffeisen Bank International AG purchased a new stake in shares of Teradata in the 4th quarter valued at approximately $117,000. Finally, US Bancorp DE increased its holdings in shares of Teradata by 23.0% during the 1st quarter. US Bancorp DE now owns 4,337 shares of the technology company's stock worth $97,000 after buying an additional 811 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on TDC shares. Wall Street Zen downgraded Teradata from a "buy" rating to a "hold" rating in a research report on Saturday, August 23rd. UBS Group lowered their target price 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. Finally, Zacks Research cut shares of Teradata from a "hold" rating to a "strong sell" rating in a research report on Monday. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Teradata has a consensus rating of "Hold" and an average target price of $26.86.

Teradata Stock Down 0.1%

NYSE:TDC traded down $0.02 during midday trading on Wednesday, reaching $21.05. The company had a trading volume of 979,510 shares, compared to its average volume of 1,235,209. Teradata Corporation has a 12-month low of $18.43 and a 12-month high of $33.69. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 5.38 and a beta of 0.78. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.78. The stock's fifty day simple moving average is $21.42 and its 200-day simple moving average is $21.89.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results 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. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The firm had revenue of $408.00 million for the quarter, compared to analyst estimates of $399.73 million. During the same period in the prior year, the firm earned $0.64 earnings per share. The business's quarterly revenue was down 6.4% compared to the same quarter last year. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. On average, sell-side analysts anticipate that Teradata Corporation will post 1.31 earnings per share 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.