Teradata Co. (NYSE:TDC) is Circumference Group LLC's 4th Largest Position

Circumference Group LLC cut its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 16.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 175,000 shares of the technology company's stock after selling 35,000 shares during the quarter. Teradata accounts for about 4.7% of Circumference Group LLC's holdings, making the stock its 4th biggest holding. Circumference Group LLC owned approximately 0.18% of Teradata worth $5,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Deutsche Bank AG raised its holdings in Teradata by 186.9% in the 4th quarter. Deutsche Bank AG now owns 129,660 shares of the technology company's stock worth $4,039,000 after purchasing an additional 84,473 shares in the last quarter. D. E. Shaw & Co. Inc. grew its position in Teradata by 19.4% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 643,254 shares of the technology company's stock valued at $20,037,000 after buying an additional 104,702 shares during the period. Captrust Financial Advisors raised its holdings in Teradata by 55.0% in the 4th quarter. Captrust Financial Advisors now owns 22,532 shares of the technology company's stock worth $702,000 after purchasing an additional 7,996 shares during the period. Bayesian Capital Management LP bought a new position in shares of Teradata in the fourth quarter worth approximately $455,000. Finally, BNP Paribas Financial Markets lifted its holdings in Teradata by 58.4% in the 4th quarter. BNP Paribas Financial Markets now owns 177,502 shares of the technology company's stock worth $5,529,000 after purchasing an additional 65,453 shares in the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Stock Performance

Shares of Teradata stock traded up $1.15 during trading on Monday, hitting $23.63. 1,370,134 shares of the company's stock were exchanged, compared to its average volume of 1,029,200. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $35.60. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 20.19, a PEG ratio of 6.23 and a beta of 0.80. The business has a 50-day simple moving average of $21.85 and a 200-day simple moving average of $27.26.

Teradata (NYSE:TDC - Get Free Report) last issued its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.09. The business had revenue of $418.00 million for the quarter, compared to analysts' expectations of $423.85 million. Teradata had a return on equity of 149.16% and a net margin of 6.51%. The business's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.57 EPS. On average, research analysts forecast that Teradata Co. will post 1.31 EPS for the current year.

Wall Street Analyst Weigh In

TDC has been the topic of several research reports. StockNews.com cut shares of Teradata from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 8th. Evercore ISI lowered their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Morgan Stanley upgraded Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a report on Tuesday, April 8th. Guggenheim decreased their price objective on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, May 7th. 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 given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price 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.