SG Americas Securities LLC Boosts Position in Teradata Corporation (NYSE:TDC)

SG Americas Securities LLC raised its position in Teradata Corporation (NYSE:TDC - Free Report) by 1,220.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,019 shares of the technology company's stock after purchasing an additional 41,609 shares during the quarter. SG Americas Securities LLC's holdings in Teradata were worth $1,012,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TDC. Aster Capital Management DIFC Ltd increased its holdings in Teradata by 53.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares in the last quarter. UMB Bank n.a. increased its holdings 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 valued at $43,000 after acquiring an additional 1,153 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after acquiring an additional 365 shares in the last quarter. Raiffeisen Bank International AG bought a new stake in shares of Teradata during the fourth quarter valued at approximately $117,000. Finally, New Vernon Capital Holdings II LLC bought a new stake in shares of Teradata during the fourth quarter valued at approximately $133,000. 90.31% of the stock is currently owned by institutional investors.

Teradata Stock Down 0.7%

Shares of TDC traded down $0.17 on Thursday, reaching $21.99. The stock had a trading volume of 1,315,417 shares, compared to its average volume of 1,048,984. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of 6.58 and a beta of 0.83. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.82 and a current ratio of 0.84. The company has a 50-day simple moving average of $21.86 and a 200-day simple moving average of $25.63. Teradata Corporation has a 12-month low of $18.43 and a 12-month high of $35.60.

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

Wall Street Analysts Forecast Growth

TDC has been the topic of several research analyst reports. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Guggenheim dropped their price target on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. UBS Group raised Teradata from a "sell" rating to a "hold" rating and dropped their price target for the company from $26.00 to $24.00 in a research report on Friday, June 6th. Barclays decreased their price objective on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Finally, Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $27.25.

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.