Two Sigma Advisers LP Raises Stock Position in Teradata Co. (NYSE:TDC)

Two Sigma Advisers LP grew its stake in Teradata Co. (NYSE:TDC - Free Report) by 34.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 336,700 shares of the technology company's stock after acquiring an additional 85,800 shares during the period. Two Sigma Advisers LP owned 0.35% of Teradata worth $10,488,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in TDC. Norges Bank bought a new position in Teradata in the 4th quarter worth about $36,315,000. Victory Capital Management Inc. lifted its position in shares of Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after purchasing an additional 993,358 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Teradata by 12.4% in the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock worth $169,756,000 after purchasing an additional 599,394 shares during the period. AQR Capital Management LLC lifted its position in shares of 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 purchasing an additional 416,585 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted 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 valued at $15,436,000 after acquiring an additional 408,595 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Price Performance

Shares of NYSE:TDC traded down $0.08 during midday trading on Wednesday, hitting $21.85. The company's stock had a trading volume of 188,640 shares, compared to its average volume of 1,032,286. The business's 50 day simple moving average is $21.79 and its 200 day simple moving average is $26.56. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The company has a market cap of $2.09 billion, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. Teradata Co. has a 12-month low of $18.43 and a 12-month high of $35.60.

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

Wall Street Analysts Forecast Growth

TDC has been the subject of a number of analyst reports. JMP Securities reissued a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Morgan Stanley raised shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 target price for the company in a research report on Tuesday, April 8th. Northland Securities cut shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target for the company. in a report on Wednesday, May 7th. Northland Capmk cut shares of Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Finally, Wall Street Zen cut shares of Teradata from a "strong-buy" rating to a "buy" rating 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 given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $27.50.

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.