Nuveen LLC Acquires New Stake in Teradata Corporation $TDC

Nuveen LLC bought a new position in shares of Teradata Corporation (NYSE:TDC - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 1,117,238 shares of the technology company's stock, valued at approximately $25,116,000. Nuveen LLC owned 1.17% of Teradata at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tsfg LLC purchased a new position in Teradata during the first quarter worth $26,000. UMB Bank n.a. lifted 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 purchasing an additional 1,153 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of Teradata in the first quarter worth about $76,000. US Bancorp DE boosted its position in shares of Teradata by 23.0% in the first quarter. US Bancorp DE now owns 4,337 shares of the technology company's stock worth $97,000 after buying an additional 811 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Teradata by 150.9% in the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company's stock worth $103,000 after buying an additional 2,760 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Stock Performance

Shares of NYSE:TDC traded up $0.1950 during midday trading on Thursday, hitting $20.7850. The company's stock had a trading volume of 516,974 shares, compared to its average volume of 1,264,645. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 18.39, a PEG ratio of 5.03 and a beta of 0.83. The stock's 50 day simple moving average is $21.70 and its 200 day simple moving average is $22.57. Teradata Corporation has a fifty-two week low of $18.43 and a fifty-two week high of $33.69. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.84 and a current ratio of 0.84.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Tuesday, August 5th. The technology company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. The business had revenue of $408.00 million for the quarter, compared to the consensus estimate of $399.73 million. Teradata had a return on equity of 96.29% and a net margin of 6.57%.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 earnings per share. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. As a group, research analysts anticipate that Teradata Corporation will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

TDC has been the topic of several recent analyst reports. Northland Securities cut Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target on the stock. in a research note on Wednesday, May 7th. UBS Group dropped their price target on Teradata from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. Guggenheim decreased their price objective on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Northland Capmk lowered Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Finally, Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Teradata has a consensus rating of "Hold" and a consensus price target of $26.86.

Teradata Company 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.