Teza Capital Management LLC Takes $1.23 Million Position in Teradata Co. (NYSE:TDC)

Teza Capital Management LLC purchased a new position in Teradata Co. (NYSE:TDC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 39,517 shares of the technology company's stock, valued at approximately $1,231,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. State of Wyoming grew its stake in shares of Teradata by 171.6% in the fourth quarter. State of Wyoming now owns 5,158 shares of the technology company's stock worth $161,000 after purchasing an additional 3,259 shares in the last quarter. Strategic Global Advisors LLC bought a new position in Teradata during the fourth quarter valued at about $2,238,000. Raiffeisen Bank International AG bought a new position in Teradata during the fourth quarter valued at about $117,000. ProShare Advisors LLC boosted its stake in Teradata by 14.2% during the fourth quarter. ProShare Advisors LLC now owns 13,041 shares of the technology company's stock valued at $406,000 after buying an additional 1,619 shares in the last quarter. Finally, Quantedge Capital Pte Ltd bought a new position in Teradata during the fourth quarter valued at about $2,744,000. Institutional investors own 90.31% of the company's stock.

Teradata Stock Down 3.0%

Teradata stock traded down $0.67 during mid-day trading on Wednesday, hitting $21.82. The company's stock had a trading volume of 1,180,318 shares, compared to its average volume of 1,035,494. The firm's 50 day moving average is $21.90 and its 200 day moving average is $26.81. The company has a market cap of $2.09 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $35.60.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.09. Teradata had a return on equity of 149.16% and a net margin of 6.51%. The firm had revenue of $418.00 million during the quarter, compared to the consensus estimate of $423.85 million. During the same period in the prior year, the business earned $0.57 EPS. The business's revenue for the quarter was down 10.1% on a year-over-year basis. On average, analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current year.

Analyst Ratings Changes

TDC has been the subject of several research reports. Barclays decreased their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research note on Monday, April 21st. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. StockNews.com cut Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Evercore ISI reduced their target price on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Finally, Northland Securities downgraded Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price for the company. in a report on Wednesday, May 7th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $27.50.

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.