Teradata Co. (NYSE:TDC) Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. grew its position in Teradata Co. (NYSE:TDC - Free Report) by 21.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 127,029 shares of the technology company's stock after purchasing an additional 22,359 shares during the quarter. Franklin Resources Inc. owned about 0.13% of Teradata worth $4,029,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TDC. Crewe Advisors LLC acquired a new stake in Teradata in the 2nd quarter worth approximately $26,000. Point72 Asset Management L.P. purchased a new stake in shares of Teradata during the third quarter valued at $27,000. GAMMA Investing LLC increased its position in shares of 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 during the period. Brooklyn Investment Group purchased a new position in Teradata in the 3rd quarter worth $32,000. Finally, Allworth Financial LP lifted its position in Teradata by 75.2% during the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company's stock worth $40,000 after acquiring an additional 569 shares during the period. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Price Performance

NYSE TDC traded down $0.05 on Wednesday, hitting $32.10. The company had a trading volume of 350,612 shares, compared to its average volume of 933,298. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. The company's fifty day moving average price is $31.40 and its 200-day moving average price is $30.89. The company has a market capitalization of $3.07 billion, a PE ratio of 38.21, a PEG ratio of 3.17 and a beta of 0.79. Teradata Co. has a 12-month low of $24.02 and a 12-month high of $49.44.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The business had revenue of $440.00 million during the quarter, compared to analysts' expectations of $417.71 million. During the same quarter in the previous 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, analysts predict that Teradata Co. will post 1.41 earnings per share for the current year.

Analyst Ratings Changes

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

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.