Mitsubishi UFJ Asset Management Co. Ltd. Has $802,000 Stock Position in Teradata Corporation (NYSE:TDC)

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Teradata Corporation (NYSE:TDC - Free Report) by 63.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,689 shares of the technology company's stock after buying an additional 13,847 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.'s holdings in Teradata were worth $802,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tsfg LLC acquired a new stake in Teradata in the first quarter valued at approximately $26,000. UMB Bank n.a. raised its position in shares of Teradata by 153.1% in the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock valued at $43,000 after purchasing an additional 1,153 shares during the period. US Bancorp DE raised its position in shares of Teradata by 23.0% in the first quarter. US Bancorp DE now owns 4,337 shares of the technology company's stock valued at $97,000 after purchasing an additional 811 shares during the period. GAMMA Investing LLC raised its position in shares of Teradata by 150.9% in the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company's stock valued at $103,000 after purchasing an additional 2,760 shares during the period. Finally, Raiffeisen Bank International AG bought a new position in shares of Teradata in the fourth quarter valued at approximately $117,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Trading Down 0.2%

Shares of TDC stock traded down $0.05 on Friday, reaching $21.12. The company had a trading volume of 985,677 shares, compared to its average volume of 1,112,493. 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 stock has a market cap of $2.00 billion, a PE ratio of 18.69, a PEG ratio of 5.02 and a beta of 0.83. The company has a 50-day moving average of $21.79 and a 200-day moving average of $22.74. Teradata Corporation has a 12 month low of $18.43 and a 12 month high of $33.69.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.06. The company had revenue of $408.00 million during the quarter, compared to analysts' expectations of $399.73 million. Teradata had a return on equity of 96.29% and a net margin of 6.57%. Teradata's revenue was down 6.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 EPS. On average, equities analysts forecast that Teradata Corporation will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barclays dropped their price target on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Guggenheim dropped their target price on shares of 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 dropped their target price on shares of Teradata from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. Northland Securities downgraded shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target on the stock. in a research note on Wednesday, May 7th. Finally, Wall Street Zen upgraded shares of Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Teradata currently has a consensus rating of "Hold" and a consensus price target of $26.86.

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.