Horrell Capital Management Inc. Decreases Holdings in Teradata Co. (NYSE:TDC)

Horrell Capital Management Inc. decreased its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 16.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,000 shares of the technology company's stock after selling 35,000 shares during the quarter. Teradata makes up approximately 1.6% of Horrell Capital Management Inc.'s portfolio, making the stock its 19th biggest position. Horrell Capital Management Inc. owned 0.18% of Teradata worth $5,451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TDC. Pacer Advisors Inc. lifted its holdings in Teradata by 5.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company's stock worth $67,899,000 after buying an additional 108,426 shares during the period. FMR LLC lifted its stake in shares of Teradata by 2.7% in the third quarter. FMR LLC now owns 1,932,741 shares of the technology company's stock worth $58,639,000 after acquiring an additional 51,080 shares during the period. Geode Capital Management LLC boosted its holdings in Teradata by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company's stock valued at $51,145,000 after acquiring an additional 8,289 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Teradata by 8.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company's stock valued at $37,930,000 after purchasing an additional 91,211 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after purchasing an additional 993,358 shares during the last quarter. Institutional investors own 90.31% of the company's stock.

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Analysts Set New Price Targets

TDC has been the topic of several research reports. Royal Bank of Canada dropped their price objective 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. JMP Securities restated a "market perform" rating on shares of Teradata in a report on Thursday, February 13th. Evercore ISI decreased their price target on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Barclays dropped their price objective on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research note on Wednesday, February 12th. Finally, Guggenheim reduced their price objective on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $34.40.

Teradata Stock Down 2.7 %

Teradata stock traded down $0.64 during midday trading on Friday, hitting $22.98. 2,241,363 shares of the stock were exchanged, compared to its average volume of 1,019,468. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 19.64, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. Teradata Co. has a 52-week low of $21.80 and a 52-week high of $39.12. The business's 50-day moving average price is $26.32 and its 200-day moving average price is $29.29.

Teradata (NYSE:TDC - Get Free Report) last announced its 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 return on equity of 149.16% and a net margin of 6.51%. On average, research analysts expect that Teradata Co. will post 1.31 EPS for the current fiscal 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.