Mackenzie Financial Corp Has $4.01 Million Position in Teradata Co. (NYSE:TDC)

Mackenzie Financial Corp lifted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 40.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 128,650 shares of the technology company's stock after acquiring an additional 37,130 shares during the period. Mackenzie Financial Corp owned 0.13% of Teradata worth $4,007,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Independence Bank of Kentucky bought a new position in Teradata in the 4th quarter valued at about $37,000. Aster Capital Management DIFC Ltd grew its position in Teradata by 53.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock valued at $49,000 after buying an additional 543 shares in the last quarter. Venturi Wealth Management LLC grew its position in Teradata by 20.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after buying an additional 365 shares in the last quarter. Raiffeisen Bank International AG bought a new position in Teradata in the 4th quarter valued at about $117,000. Finally, New Vernon Capital Holdings II LLC bought a new position in Teradata in the 4th quarter valued at about $133,000. Institutional investors own 90.31% of the company's stock.

Teradata Trading Up 0.7%

Shares of TDC traded up $0.15 during midday trading on Friday, hitting $21.96. The stock had a trading volume of 1,743,185 shares, compared to its average volume of 1,040,275. Teradata Co. has a fifty-two week low of $18.43 and a fifty-two week high of $35.60. The business has a 50-day simple moving average of $21.67 and a two-hundred day simple moving average of $26.42. The firm has a market cap of $2.10 billion, a P/E ratio of 18.77, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.57 by $0.09. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The company had revenue of $418.00 million during the quarter, compared to analysts' expectations of $423.85 million. During the same period last year, the company posted $0.57 earnings per share. The business's revenue for the quarter was down 10.1% on a year-over-year basis. As a group, equities analysts forecast that Teradata Co. will post 1.31 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on TDC. Northland Securities lowered 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 report on Wednesday, May 7th. JMP Securities restated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Royal Bank of Canada reduced their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research report on Wednesday, February 12th. Barclays reduced their price objective on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. Finally, Guggenheim reduced 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. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $27.50.

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.