MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 25,185 Shares of Teradata Co. (NYSE:TDC)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 12.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 224,519 shares of the technology company's stock after acquiring an additional 25,185 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.23% of Teradata worth $6,993,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in Teradata by 12.4% in the 4th 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 during the period. AQR Capital Management LLC increased its holdings in Teradata by 17.2% in the 4th 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 during the period. Pacer Advisors Inc. increased its holdings in Teradata by 5.2% in the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company's stock valued at $67,899,000 after buying an additional 108,426 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Teradata by 8.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company's stock valued at $37,930,000 after buying an additional 91,211 shares during the period. Finally, Norges Bank bought a new stake in Teradata in the 4th quarter valued at $36,315,000. Institutional investors own 90.31% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. JMP Securities reissued a "market perform" rating on shares of Teradata in a report on Thursday, February 13th. Wall Street Zen downgraded shares of Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Evercore ISI reduced their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. Guggenheim reduced their target price on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. 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 research note on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Teradata presently has a consensus rating of "Hold" and an average target price of $27.50.

Teradata Price Performance

NYSE TDC traded down $0.54 on Friday, hitting $21.54. 738,314 shares of the company were exchanged, compared to its average volume of 1,035,683. The firm has a 50 day moving average of $21.84 and a two-hundred day moving average of $26.69. The company has a market cap of $2.06 billion, a P/E ratio of 18.41, a P/E/G 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 Co. has a 1-year low of $18.43 and a 1-year high of $35.60.

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