Penserra Capital Management LLC Has $11.29 Million Holdings in Teradata Corporation (NYSE:TDC)

Penserra Capital Management LLC lifted its holdings in Teradata Corporation (NYSE:TDC - Free Report) by 41.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 502,048 shares of the technology company's stock after buying an additional 146,030 shares during the quarter. Penserra Capital Management LLC owned about 0.52% of Teradata worth $11,286,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Teradata in the fourth quarter worth about $36,315,000. Victory Capital Management Inc. raised its position in Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after purchasing an additional 993,358 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Teradata by 1,220.2% during the 1st quarter. SG Americas Securities LLC now owns 45,019 shares of the technology company's stock worth $1,012,000 after buying an additional 41,609 shares in the last quarter. Tidal Investments LLC bought a new position in Teradata in the 4th quarter valued at $631,000. Finally, Wedge Capital Management L L P NC boosted its position in Teradata by 29.3% in the 1st quarter. Wedge Capital Management L L P NC now owns 74,831 shares of the technology company's stock valued at $1,682,000 after buying an additional 16,959 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Wall Street Analyst Weigh In

TDC has been the subject of a number of recent research reports. Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a research report on Saturday, June 14th. 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 report on Tuesday, April 8th. Northland Capmk downgraded shares of Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Barclays reduced their price objective on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Finally, Northland Securities cut shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price for the company. in a research report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $27.25.

Teradata Trading Down 1.6%

Shares of TDC stock traded down $0.38 on Monday, hitting $22.83. The stock had a trading volume of 1,058,614 shares, compared to its average volume of 1,075,700. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 3.11. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $35.60. The company has a fifty day moving average price of $22.23 and a two-hundred day moving average price of $24.76. The firm has a market cap of $2.18 billion, a P/E ratio of 16.08, a PEG ratio of 6.94 and a beta of 0.83.

Teradata (NYSE:TDC - Get Free Report) last posted its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. The firm had revenue of $418.00 million during the quarter, compared to analysts' expectations of $423.85 million. Teradata had a return on equity of 129.98% and a net margin of 8.10%. The company's revenue was down 10.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.57 earnings per share. As a group, analysts forecast that Teradata Corporation will post 1.31 earnings per share for the current fiscal 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.