Bridgewater Associates LP Purchases 72,082 Shares of Teradata Co. (NYSE:TDC)

Bridgewater Associates LP lifted its holdings in Teradata Co. (NYSE:TDC - Free Report) by 42.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 242,973 shares of the technology company's stock after purchasing an additional 72,082 shares during the period. Bridgewater Associates LP owned 0.25% of Teradata worth $7,569,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in TDC. Norges Bank bought a new position in Teradata in the 4th quarter worth approximately $36,315,000. Victory Capital Management Inc. increased its position in Teradata by 742.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after acquiring an additional 993,358 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in Teradata by 470.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock valued at $15,436,000 after purchasing an additional 408,595 shares during the last quarter. LSV Asset Management boosted its holdings in Teradata by 98.0% in the 4th quarter. LSV Asset Management now owns 812,200 shares of the technology company's stock valued at $25,300,000 after purchasing an additional 401,921 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Teradata by 73.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company's stock worth $23,951,000 after purchasing an additional 324,442 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Price Performance

Shares of NYSE TDC traded up $0.11 during mid-day trading on Friday, hitting $20.38. 819,612 shares of the stock were exchanged, compared to its average volume of 1,041,743. The company has a market cap of $1.96 billion, a P/E ratio of 17.42, a PEG ratio of 6.23 and a beta of 0.87. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $38.45. The stock's fifty day simple moving average is $22.61 and its two-hundred day simple moving average is $28.31.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. As a group, analysts forecast that Teradata Co. will post 1.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TDC shares. Barclays lowered their price target on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research note on Wednesday, February 12th. StockNews.com lowered Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Royal Bank of Canada decreased their price target 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. JMP Securities restated a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 target price on the stock in a research report on Tuesday, April 8th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $34.00.

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.