BNP Paribas Financial Markets Purchases 65,453 Shares of Teradata Co. (NYSE:TDC)

BNP Paribas Financial Markets increased its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 58.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 177,502 shares of the technology company's stock after acquiring an additional 65,453 shares during the period. BNP Paribas Financial Markets owned about 0.19% of Teradata worth $5,529,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank bought a new position in Teradata during the fourth quarter valued at about $36,315,000. UNICOM Systems Inc. bought a new position in Teradata during the fourth quarter valued at about $3,162,000. Unified Investment Management bought a new position in Teradata during the fourth quarter valued at about $932,000. Victory Capital Management Inc. grew its position in shares of Teradata by 742.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock valued at $35,110,000 after purchasing an additional 993,358 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new stake in shares of Teradata in the fourth quarter valued at about $316,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Price Performance

TDC traded down $0.21 during midday trading on Monday, reaching $22.69. 862,053 shares of the company's stock were exchanged, compared to its average volume of 1,032,465. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 19.39, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata Co. has a one year low of $18.43 and a one year high of $35.60. The business has a 50-day simple moving average of $21.91 and a two-hundred day simple moving average of $26.88.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.09. The firm had revenue of $418.00 million during the quarter, compared to analysts' expectations of $423.85 million. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The company's revenue for the quarter 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. As a group, research analysts predict that Teradata Co. will post 1.31 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on TDC. Northland Capmk downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Northland Securities downgraded 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. Guggenheim lowered their price target on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target on the stock in a research report on Tuesday, April 8th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $27.50.

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.