Teradata Corporation (NYSE:TDC) Stock Holdings Lifted by LSV Asset Management

Key Points

• LSV Asset Management increased its stake in Teradata Corporation by 95.6%, acquiring nearly 777,000 additional shares, bringing its total ownership to approximately $35.7 million.
• Shares of Teradata traded up 1.4%, with current trading at $20.39 and a market capitalization of $1.95 billion.
• Wall Street analysts have mixed opinions on Teradata, with ratings spanning from sell to buy, and an average price target of $27.25.

LSV Asset Management boosted its holdings in shares of Teradata Corporation (NYSE:TDC - Free Report) by 95.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,588,999 shares of the technology company's stock after buying an additional 776,799 shares during the quarter. LSV Asset Management owned approximately 1.65% of Teradata worth $35,721,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of TDC. Tsfg LLC purchased a new stake in Teradata during the first quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd boosted its position in shares of Teradata by 53.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares in the last quarter. UMB Bank n.a. grew its stake in shares of 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 acquiring an additional 1,153 shares during the last quarter. Raiffeisen Bank International AG acquired a new position in shares of Teradata during the fourth quarter valued at about $117,000. Finally, New Vernon Capital Holdings II LLC purchased a new position in shares of Teradata in the 4th quarter valued at approximately $133,000. Institutional investors own 90.31% of the company's stock.

Wall Street Analysts Forecast Growth

TDC has been the topic of a number of research reports. UBS Group cut their price objective on Teradata from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Wednesday. Wall Street Zen raised shares of Teradata from a "hold" rating to a "buy" rating in a research report on Saturday, June 14th. Guggenheim lowered their price target on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Barclays lowered their price target on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Finally, Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Teradata has an average rating of "Hold" and an average target price of $26.86.

Teradata Stock Down 4.7%

Shares of NYSE TDC traded down $1.03 on Thursday, hitting $20.81. The company had a trading volume of 955,415 shares, compared to its average volume of 1,284,196. The firm has a market capitalization of $1.99 billion, a P/E ratio of 18.42, a PEG ratio of 6.12 and a beta of 0.83. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 3.11. Teradata Corporation has a 12-month low of $18.43 and a 12-month high of $33.69. The business has a 50 day moving average of $21.97 and a two-hundred day moving average of $23.34.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.06. The company had revenue of $408.00 million during the quarter, compared to analyst estimates of $399.73 million. Teradata had a net margin of 6.57% and a return on equity of 102.78%. The firm's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same period last year, the business earned $0.64 EPS. As a group, equities research analysts forecast that Teradata Corporation will post 1.31 earnings per share for the current fiscal 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.