Teradata Co. (NYSE:TDC) Shares Sold by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. lessened its holdings in Teradata Co. (NYSE:TDC - Free Report) by 13.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 686,193 shares of the technology company's stock after selling 104,951 shares during the period. Jacobs Levy Equity Management Inc. owned approximately 0.72% of Teradata worth $21,375,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of TDC. Janus Henderson Group PLC boosted its holdings in Teradata by 7.0% in the fourth quarter. Janus Henderson Group PLC now owns 50,114 shares of the technology company's stock valued at $1,561,000 after purchasing an additional 3,293 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of Teradata in the 4th quarter valued at $3,255,000. Gotham Asset Management LLC grew its position in shares of Teradata by 53.4% in the 4th quarter. Gotham Asset Management LLC now owns 132,825 shares of the technology company's stock valued at $4,137,000 after buying an additional 46,224 shares during the last quarter. Focus Partners Wealth acquired a new stake in Teradata during the 4th quarter worth $399,000. Finally, Deutsche Bank AG lifted its position in Teradata by 186.9% in the fourth quarter. Deutsche Bank AG now owns 129,660 shares of the technology company's stock valued at $4,039,000 after acquiring an additional 84,473 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on TDC shares. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. StockNews.com cut Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. JMP Securities reissued a "market perform" rating on shares of Teradata in a report on Thursday, February 13th. Royal Bank of Canada cut their target price on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 12th. Finally, Guggenheim lowered their price objective 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. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $27.50.

Teradata Stock Performance

TDC traded down $0.22 during trading on Thursday, hitting $23.12. The stock had a trading volume of 1,064,464 shares, compared to its average volume of 1,029,001. The firm has a market capitalization of $2.21 billion, a P/E ratio of 19.76, a PEG ratio of 6.23 and a beta of 0.80. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $35.60. The company's 50-day moving average price is $21.89 and its 200 day moving average price is $27.09.

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 (EPS) 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 during the quarter, compared to analysts' expectations of $423.85 million. During the same period in the prior year, the company posted $0.57 earnings per share. The firm's revenue for the quarter was down 10.1% on a year-over-year basis. On average, equities research analysts forecast that Teradata Co. will post 1.31 EPS for the current fiscal year.

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.