Teradata Corporation (NYSE:TDC) Shares Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System lifted its stake in shares of Teradata Corporation (NYSE:TDC - Free Report) by 69.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,100 shares of the technology company's stock after purchasing an additional 18,500 shares during the period. Louisiana State Employees Retirement System's holdings in Teradata were worth $1,014,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in TDC. Tsfg LLC purchased a new stake in Teradata during the 1st quarter worth about $26,000. UMB Bank n.a. increased its position in shares of Teradata by 153.1% during the 1st 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. Aster Capital Management DIFC Ltd raised its stake in shares of Teradata by 53.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after acquiring an additional 543 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Teradata by 150.9% during the first 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 during the last quarter. Finally, Raiffeisen Bank International AG bought a new position in Teradata during the 4th quarter worth approximately $117,000. 90.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TDC. Guggenheim dropped 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. Northland Capmk lowered Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Barclays dropped their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Wall Street Zen raised shares of Teradata from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. Finally, Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 target price on the stock in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Teradata has an average rating of "Hold" and an average price target of $27.25.

Teradata Trading Up 2.5%

Shares of NYSE:TDC traded up $0.55 on Tuesday, hitting $22.09. 1,230,385 shares of the company's stock were exchanged, compared to its average volume of 1,074,164. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 6.44 and a beta of 0.83. Teradata Corporation has a 12 month low of $18.43 and a 12 month high of $33.69. The company has a debt-to-equity ratio of 3.11, a current ratio of 0.84 and a quick ratio of 0.82. The business's 50 day simple moving average is $22.23 and its two-hundred day simple moving average is $24.09.

Teradata (NYSE:TDC - Get Free Report) last announced 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 return on equity of 129.98% and a net margin of 8.10%. The firm had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. During the same quarter last year, the firm posted $0.57 earnings per share. The business's revenue for the quarter was down 10.1% on a year-over-year basis. Analysts anticipate that Teradata Corporation will post 1.31 EPS for the current fiscal year.

Teradata 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.