Jefferies Financial Group Inc. Buys New Position in Teradata Co. (NYSE:TDC)

Jefferies Financial Group Inc. purchased a new stake in shares of Teradata Co. (NYSE:TDC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 104,496 shares of the technology company's stock, valued at approximately $3,255,000. Jefferies Financial Group Inc. owned 0.11% of Teradata at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Teradata by 49.2% in the 3rd quarter. Barclays PLC now owns 169,687 shares of the technology company's stock worth $5,150,000 after buying an additional 55,979 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Teradata by 21.4% in the third quarter. Franklin Resources Inc. now owns 127,029 shares of the technology company's stock valued at $4,029,000 after acquiring an additional 22,359 shares during the period. GAMMA Investing LLC lifted its holdings in Teradata by 91.5% in the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock valued at $57,000 after acquiring an additional 874 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Teradata by 2.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company's stock valued at $618,000 after buying an additional 455 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its position in shares of Teradata by 5.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 21,998 shares of the technology company's stock valued at $685,000 after buying an additional 1,049 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TDC shares. Royal Bank of Canada lowered their target price on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 12th. Barclays lowered their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research note on Monday, April 21st. Northland Securities cut shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target on the stock. in a research 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, StockNews.com cut shares of Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 8th. Two 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. Based on data from MarketBeat.com, Teradata presently has an average rating of "Hold" and an average price target of $27.50.

Teradata Stock Performance

NYSE:TDC traded down $0.22 during midday trading on Thursday, reaching $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 fifty day simple moving average of $21.89 and a two-hundred day simple moving average of $27.09. Teradata Co. has a 12-month low of $18.43 and a 12-month high of $35.60. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The stock has a market cap of $2.21 billion, a P/E ratio of 19.76, a P/E/G ratio of 6.23 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last released its 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 company 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 quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.57 earnings per share. On average, equities analysts expect that Teradata Co. will post 1.31 EPS for the current 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.