Man Group plc Has $15.43 Million Stake in Teradata Co. (NYSE:TDC)

Man Group plc boosted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 34.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 495,372 shares of the technology company's stock after buying an additional 125,985 shares during the quarter. Man Group plc owned 0.52% of Teradata worth $15,431,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of TDC. Norges Bank bought a new stake in shares of Teradata in the 4th quarter worth approximately $36,315,000. Victory Capital Management Inc. grew its position in Teradata by 742.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after buying an additional 993,358 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Teradata by 12.4% in the fourth quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock valued at $169,756,000 after buying an additional 599,394 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Teradata by 17.2% in the fourth quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company's stock valued at $88,029,000 after buying an additional 416,585 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Teradata by 470.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock valued at $15,436,000 after acquiring an additional 408,595 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Stock Down 2.3%

Shares of TDC traded down $0.51 during trading hours on Friday, reaching $21.57. The company's stock had a trading volume of 131,176 shares, compared to its average volume of 1,032,768. The company has a 50 day moving average of $21.88 and a two-hundred day moving average of $26.73. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 6.23 and a beta of 0.80. Teradata Co. has a 1-year low of $18.43 and a 1-year high of $35.60.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on TDC shares. Barclays decreased their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective for the company. in a research note on Wednesday, May 7th. Wall Street Zen cut shares of Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 8th. Finally, Evercore ISI cut their price target on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $27.50.

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.