Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 103,320 Teradata Corporation (NYSE:TDC)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 103,320 shares of Teradata Corporation, valued at approximately $2.32 million, during the first quarter, giving them a 0.11% ownership in the company.
• Multiple institutional investors increased their stakes in Teradata, with Allianz Asset Management GmbH raising its holdings by 21.7% and others like Louisiana State Employees Retirement System growing their holdings by 69.5%.
• Analysts have mixed ratings on Teradata, with one rating it as a sell, six as holds, and four as buys, resulting in a consensus rating of "Hold" and a target price of $27.25.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Teradata Corporation (NYSE:TDC - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 103,320 shares of the technology company's stock, valued at approximately $2,323,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Teradata as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Norges Bank acquired a new stake in Teradata in the 4th quarter valued at approximately $36,315,000. Ameriprise Financial Inc. grew its holdings in Teradata by 12.4% in the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock valued at $169,756,000 after buying an additional 599,394 shares during the last quarter. AQR Capital Management LLC grew its holdings in Teradata by 17.2% in the 4th quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company's stock valued at $88,029,000 after buying an additional 416,585 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings 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 purchasing an additional 408,595 shares in the last quarter. Finally, LSV Asset Management grew its holdings in shares of Teradata by 98.0% during the 4th quarter. LSV Asset Management now owns 812,200 shares of the technology company's stock worth $25,300,000 after purchasing an additional 401,921 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Price Performance

TDC stock traded down $0.78 during trading on Friday, hitting $20.15. The company had a trading volume of 1,211,987 shares, compared to its average volume of 1,279,161. The company has a fifty day moving average price of $22.05 and a two-hundred day moving average price of $23.62. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 3.11. The company has a market cap of $1.93 billion, a P/E ratio of 14.19, a P/E/G ratio of 6.47 and a beta of 0.83. Teradata Corporation has a fifty-two week low of $18.43 and a fifty-two week high of $33.69.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. The business had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. Teradata had a return on equity of 129.98% and a net margin of 8.10%. Teradata's quarterly revenue was down 10.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.57 EPS. Equities research analysts expect that Teradata Corporation will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. UBS Group raised Teradata from a "sell" rating to a "hold" rating and decreased their price objective for the stock from $26.00 to $24.00 in a report on Friday, June 6th. Northland Capmk lowered Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a report on Tuesday, April 8th. Finally, Northland Securities lowered Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective on the stock. in a report on Wednesday, May 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Teradata has a consensus rating of "Hold" and an average 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.