Pallas Capital Advisors LLC Takes $398,000 Position in Teradata Corporation $TDC

Key Points

• Pallas Capital Advisors LLC invested approximately $398,000 in Teradata Corporation, acquiring 17,857 shares in the second quarter.
• A total of 90.31% of Teradata's stock is owned by institutional investors and hedge funds, reflecting significant interest in the company.
• Teradata's recent earnings report showed an EPS of $0.47, exceeding expectations, despite a 6.4% year-over-year decline in revenue.

Pallas Capital Advisors LLC acquired a new position in shares of Teradata Corporation (NYSE:TDC - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,857 shares of the technology company's stock, valued at approximately $398,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TDC. Lynrock Lake LP raised its stake in shares of Teradata by 37.6% during the 1st quarter. Lynrock Lake LP now owns 9,416,666 shares of the technology company's stock worth $211,687,000 after purchasing an additional 2,572,320 shares in the last quarter. Nuveen LLC bought a new stake in shares of Teradata during the 1st quarter worth approximately $25,116,000. LSV Asset Management raised its stake in shares of Teradata by 95.6% during the 1st quarter. LSV Asset Management now owns 1,588,999 shares of the technology company's stock worth $35,721,000 after purchasing an additional 776,799 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Teradata by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 13,774,843 shares of the technology company's stock worth $309,658,000 after purchasing an additional 728,333 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of Teradata by 42.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,093,028 shares of the technology company's stock worth $24,571,000 after purchasing an additional 324,136 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TDC. Zacks Research cut Teradata from a "hold" rating to a "strong sell" rating in a research note on Monday, September 8th. 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 note on Wednesday, August 6th. Finally, Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Teradata currently has an average rating of "Hold" and an average price target of $26.86.

Teradata Price Performance

NYSE:TDC traded down $0.06 on Tuesday, hitting $22.45. The company had a trading volume of 228,760 shares, compared to its average volume of 1,225,371. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 5.57 and a beta of 0.78. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.78. The firm has a 50 day moving average of $21.25 and a two-hundred day moving average of $21.76. Teradata Corporation has a 52 week low of $18.43 and a 52 week high of $33.69.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.41 by $0.06. The business had revenue of $408.00 million during the quarter, compared to the consensus estimate of $399.73 million. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The firm's revenue was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 EPS. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. On average, research analysts anticipate that Teradata Corporation will post 1.31 earnings per share for the current year.

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.