103,320 Shares in Teradata Corporation (NYSE:TDC) Bought by Universal Beteiligungs und Servicegesellschaft mbH

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 bought a new position in shares of Teradata Corporation (NYSE:TDC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 103,320 shares of the technology company's stock, valued at approximately $2,323,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.11% of Teradata as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. raised 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 valued at $169,756,000 after buying an additional 599,394 shares in the last quarter. AQR Capital Management LLC raised 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 valued at $88,029,000 after buying an additional 416,585 shares in the last quarter. Norges Bank acquired a new position in shares of Teradata in the 4th quarter valued at approximately $36,315,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Teradata by 2.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,124,088 shares of the technology company's stock valued at $35,015,000 after buying an additional 30,394 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Teradata by 30.5% in the 4th quarter. Northern Trust Corp now owns 1,101,181 shares of the technology company's stock valued at $34,302,000 after buying an additional 257,649 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Teradata Trading Down 3.7%

NYSE TDC traded down $0.78 on Friday, hitting $20.15. The company's stock had a trading volume of 1,211,987 shares, compared to its average volume of 866,179. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 3.11. Teradata Corporation has a 1-year low of $18.43 and a 1-year high of $33.69. The company's 50-day moving average is $22.03 and its 200 day moving average is $23.55. The firm has a market cap of $1.93 billion, a PE ratio of 14.19, a PEG ratio of 6.26 and a beta of 0.83.

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

Analyst Ratings Changes

Several equities analysts have recently commented on TDC shares. Northland Securities cut shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price for the company. in a research report on Wednesday, May 7th. Wall Street Zen upgraded shares of Teradata from a "hold" rating to a "buy" rating in a research report on Saturday, June 14th. Barclays lowered their price objective on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. Guggenheim lowered their price objective on shares of Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Finally, Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Teradata currently has an average rating of "Hold" and a consensus price target of $27.25.

About Teradata

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.