Barclays PLC Increases Stock Position in Teradata Co. (NYSE:TDC)

Barclays PLC grew its stake in Teradata Co. (NYSE:TDC - Free Report) by 49.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 169,687 shares of the technology company's stock after buying an additional 55,979 shares during the period. Barclays PLC owned approximately 0.18% of Teradata worth $5,150,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Crossmark Global Holdings Inc. grew its stake in Teradata by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company's stock valued at $219,000 after buying an additional 315 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Teradata by 3.4% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company's stock valued at $370,000 after purchasing an additional 351 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Teradata by 1.5% in the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company's stock worth $942,000 after purchasing an additional 390 shares during the period. Harbor Capital Advisors Inc. lifted its position in shares of Teradata by 2.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company's stock worth $636,000 after purchasing an additional 434 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company's stock valued at $29,000 after acquiring an additional 447 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. UBS Group increased their target price on Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a research note on Tuesday, November 5th. Barclays raised their price objective on shares of Teradata from $29.00 to $30.00 and gave the stock an "underweight" rating in a report on Friday, December 6th. Evercore ISI increased their price objective on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a report on Tuesday, October 15th. Finally, Northland Securities reduced their price target on Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Teradata currently has an average rating of "Hold" and a consensus target price of $40.00.

Teradata Stock Performance

Shares of NYSE:TDC remained flat at $32.23 during midday trading on Friday. The stock had a trading volume of 2,337,463 shares, compared to its average volume of 937,558. Teradata Co. has a 12 month low of $24.02 and a 12 month high of $49.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The stock has a fifty day moving average of $31.38 and a 200 day moving average of $30.90. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 38.37, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The business had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. The company's quarterly revenue was up .5% on a year-over-year basis. As a group, research analysts anticipate that Teradata Co. will post 1.41 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.