Quantinno Capital Management LP Boosts Position in Teradata Co. (NYSE:TDC)

Quantinno Capital Management LP lifted its holdings in Teradata Co. (NYSE:TDC - Free Report) by 84.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 143,859 shares of the technology company's stock after purchasing an additional 66,021 shares during the quarter. Quantinno Capital Management LP owned about 0.15% of Teradata worth $4,481,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Norges Bank bought a new stake in shares of Teradata in the fourth quarter worth $36,315,000. Victory Capital Management Inc. increased its stake 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 valued at $35,110,000 after buying an additional 993,358 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Teradata by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock worth $169,756,000 after buying an additional 599,394 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Teradata by 17.2% during the 4th quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company's stock worth $88,029,000 after buying an additional 416,585 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Teradata by 470.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock worth $15,436,000 after buying an additional 408,595 shares during the last quarter. 90.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on TDC. Royal Bank of Canada decreased their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research report on Wednesday, February 12th. Northland Capmk lowered Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Barclays decreased their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Finally, Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target for the company in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $27.50.

Teradata Stock Down 2.3%

TDC traded down $0.51 during trading on Friday, hitting $21.57. 131,176 shares of the company's stock were exchanged, compared to its average volume of 1,032,768. Teradata Co. has a fifty-two week low of $18.43 and a fifty-two week high of $35.60. The stock has a market cap of $2.06 billion, a P/E ratio of 18.48, a PEG ratio of 6.23 and a beta of 0.80. The business's 50 day moving average is $21.88 and its two-hundred day moving average is $26.73. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.57 by $0.09. The firm had revenue of $418.00 million during the quarter, compared to the consensus estimate of $423.85 million. Teradata had a return on equity of 149.16% and a net margin of 6.51%. During the same period in the prior year, the business posted $0.57 earnings per share. The company's quarterly revenue was down 10.1% compared to the same quarter last year. As a group, equities analysts expect that Teradata Co. 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.