Fox Run Management L.L.C. Buys New Holdings in Teradata Co. (NYSE:TDC)

Fox Run Management L.L.C. acquired a new position in Teradata Co. (NYSE:TDC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,463 shares of the technology company's stock, valued at approximately $482,000.

Several other hedge funds have also recently bought and sold shares of TDC. Natixis Advisors LLC increased its holdings in shares of Teradata by 27.0% during the 3rd quarter. Natixis Advisors LLC now owns 13,799 shares of the technology company's stock valued at $419,000 after acquiring an additional 2,935 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in Teradata by 72.7% during the third quarter. Thrivent Financial for Lutherans now owns 40,683 shares of the technology company's stock worth $1,235,000 after purchasing an additional 17,129 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Teradata during the third quarter valued at approximately $341,000. Massachusetts Financial Services Co. MA raised its position in shares of Teradata by 5.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 18,802 shares of the technology company's stock valued at $570,000 after purchasing an additional 1,004 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Teradata by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,126,443 shares of the technology company's stock worth $34,176,000 after buying an additional 31,343 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several brokerages recently commented on TDC. Royal Bank of Canada dropped their target price on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 12th. Evercore ISI decreased their target price on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Barclays lowered their target price on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a report on Wednesday, February 12th. StockNews.com raised Teradata from a "buy" rating to a "strong-buy" rating in a research report on Thursday, March 13th. Finally, JMP Securities restated a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $34.40.

Teradata Stock Down 2.5 %

Shares of TDC traded down $0.59 during midday trading on Friday, hitting $23.03. The stock had a trading volume of 320,932 shares, compared to its average volume of 1,551,520. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. The company has a 50 day simple moving average of $26.47 and a two-hundred day simple moving average of $29.32. Teradata Co. has a twelve month low of $21.80 and a twelve month high of $39.12. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79.

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 net margin of 6.51% and a return on equity of 149.16%. On average, analysts anticipate that Teradata Co. will post 1.31 EPS for the current year.

Teradata Company 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.