Jacobs Levy Equity Management Inc. Has $21.38 Million Stake in Teradata Co. (NYSE:TDC)

Jacobs Levy Equity Management Inc. trimmed its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 13.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 686,193 shares of the technology company's stock after selling 104,951 shares during the period. Jacobs Levy Equity Management Inc. owned 0.72% of Teradata worth $21,375,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TDC. Independence Bank of Kentucky bought a new position in Teradata during the fourth quarter worth $37,000. Aster Capital Management DIFC Ltd boosted its position in Teradata by 53.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares during the period. GAMMA Investing LLC boosted its position in Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock worth $57,000 after purchasing an additional 874 shares during the period. Venturi Wealth Management LLC boosted its position in Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after purchasing an additional 365 shares during the period. Finally, New Vernon Capital Holdings II LLC bought a new stake in shares of Teradata in the fourth quarter valued at about $133,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TDC has been the subject of a number of recent research reports. Royal Bank of Canada reduced their target price on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research report on Wednesday, February 12th. 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. JMP Securities reissued a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Northland Capmk cut shares of Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Finally, 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $27.50.

Teradata Price Performance

TDC stock traded down $0.21 during midday trading on Friday, reaching $22.91. The company had a trading volume of 1,051,607 shares, compared to its average volume of 1,033,149. The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. The stock has a 50 day moving average price of $21.90 and a 200-day moving average price of $26.95. Teradata Co. has a 1-year low of $18.43 and a 1-year high of $35.60. 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 (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. The business had revenue of $418.00 million during the quarter, compared to the consensus estimate of $423.85 million. Teradata had a return on equity of 149.16% and a net margin of 6.51%. Teradata's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.57 earnings per share. Equities research analysts expect that Teradata Co. will post 1.31 earnings per share for the current year.

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.