Robeco Institutional Asset Management B.V. Boosts Stake in Teradata Corporation (NYSE:TDC)

Robeco Institutional Asset Management B.V. lifted its holdings in Teradata Corporation (NYSE:TDC - Free Report) by 19.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 414,467 shares of the technology company's stock after purchasing an additional 66,340 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.43% of Teradata worth $9,317,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of TDC. Norges Bank acquired a new stake in Teradata in the fourth quarter valued at approximately $36,315,000. Victory Capital Management Inc. lifted its position in shares of Teradata by 742.5% during the 4th 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 in the last quarter. Ameriprise Financial Inc. grew its stake 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 acquiring 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 worth $88,029,000 after acquiring an additional 416,585 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Teradata by 470.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock worth $15,436,000 after acquiring an additional 408,595 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Price Performance

Shares of Teradata stock traded up $0.02 on Thursday, hitting $23.21. 1,204,859 shares of the company were exchanged, compared to its average volume of 1,072,969. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 3.11. The company has a 50-day moving average price of $22.16 and a 200 day moving average price of $24.99. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 16.35, a price-to-earnings-growth ratio of 6.92 and a beta of 0.83. Teradata Corporation has a 1-year low of $18.43 and a 1-year high of $35.60.

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

Wall Street Analysts Forecast Growth

TDC has been the topic of several research analyst reports. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price on the stock. in a research report on Wednesday, May 7th. Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. UBS Group upgraded Teradata from a "sell" rating to a "hold" rating and cut their price objective for the stock from $26.00 to $24.00 in a research note on Friday, June 6th. Morgan Stanley upgraded 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. Finally, Barclays lowered their price target on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $27.25.

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.