Nomura Holdings Inc. Invests $396,000 in Teradata Co. (NYSE:TDC)

Nomura Holdings Inc. purchased a new stake in shares of Teradata Co. (NYSE:TDC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,698 shares of the technology company's stock, valued at approximately $396,000.

Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Teradata during the fourth quarter valued at about $36,315,000. UNICOM Systems Inc. purchased a new stake in shares of Teradata during the fourth quarter valued at about $3,162,000. Unified Investment Management purchased a new stake in shares of Teradata during the fourth quarter valued at about $932,000. Victory Capital Management Inc. lifted its position in shares of Teradata by 742.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock valued at $35,110,000 after buying an additional 993,358 shares during the last quarter. Finally, Merit Financial Group LLC purchased a new stake in shares of Teradata during the fourth quarter valued at about $316,000. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Stock Performance

Shares of Teradata stock traded up $0.40 during midday trading on Tuesday, hitting $21.94. The company had a trading volume of 937,042 shares, compared to its average volume of 1,035,576. Teradata Co. has a 12-month low of $18.43 and a 12-month high of $35.60. 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 stock has a market cap of $2.10 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 6.23 and a beta of 0.80. The company has a fifty day simple moving average of $21.79 and a 200 day simple moving average of $26.56.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping 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 company had revenue of $418.00 million during the quarter, compared to analyst estimates of $423.85 million. During the same period last year, the firm posted $0.57 EPS. Teradata's revenue for the quarter was down 10.1% compared to the same quarter last year. As a group, analysts predict that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on TDC shares. Wall Street Zen lowered shares of Teradata from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 8th. 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 report on Wednesday, May 7th. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Northland Capmk lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Finally, Guggenheim decreased 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 equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Teradata has an average rating of "Hold" and a consensus 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.