Teradata Co. (NYSE:TDC) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in Teradata Co. (NYSE:TDC - Free Report) by 9.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 611,264 shares of the technology company's stock after purchasing an additional 53,743 shares during the quarter. JPMorgan Chase & Co. owned 0.64% of Teradata worth $19,041,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. WINTON GROUP Ltd acquired a new stake in Teradata in the 4th quarter valued at $1,131,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Teradata by 644.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 21,842 shares of the technology company's stock worth $675,000 after purchasing an additional 18,909 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Teradata by 9.5% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 210,200 shares of the technology company's stock worth $6,548,000 after purchasing an additional 18,229 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Teradata by 76.5% during the 4th quarter. Prudential Financial Inc. now owns 622,175 shares of the technology company's stock worth $19,381,000 after purchasing an additional 269,629 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in Teradata in the 4th quarter worth about $482,000. Hedge funds and other institutional investors own 90.31% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TDC shares. Evercore ISI dropped their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Guggenheim cut their price objective on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Morgan Stanley upgraded Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 target price on the stock in a report on Tuesday, April 8th. JMP Securities restated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Finally, Barclays reduced their price objective on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $34.00.

Teradata Price Performance

Shares of NYSE TDC traded down $0.11 during trading on Wednesday, reaching $20.42. The company had a trading volume of 38,314 shares, compared to its average volume of 1,035,910. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $38.45. The stock has a 50-day moving average price of $23.24 and a two-hundred day moving average price of $28.51. The stock has a market capitalization of $1.96 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 6.23 and a beta of 0.87.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, sell-side analysts predict 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.