JPMorgan Chase & Co. Has $16.92 Million Position in Teradata Co. (NYSE:TDC)

JPMorgan Chase & Co. lifted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 6.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 557,521 shares of the technology company's stock after acquiring an additional 32,940 shares during the period. JPMorgan Chase & Co. owned about 0.58% of Teradata worth $16,915,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Algert Global LLC lifted its holdings in shares of Teradata by 46.3% in the 3rd quarter. Algert Global LLC now owns 113,106 shares of the technology company's stock worth $3,432,000 after purchasing an additional 35,800 shares during the last quarter. Pacer Advisors Inc. increased its position in Teradata by 21.7% in the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company's stock worth $62,843,000 after buying an additional 369,123 shares during the period. John G Ullman & Associates Inc. lifted its stake in Teradata by 46.8% in the third quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company's stock valued at $4,395,000 after buying an additional 46,200 shares during the last quarter. 272 Capital LP boosted its holdings in shares of Teradata by 57.6% during the second quarter. 272 Capital LP now owns 99,903 shares of the technology company's stock valued at $3,453,000 after acquiring an additional 36,503 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in shares of Teradata by 828.5% during the third quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company's stock worth $13,485,000 after acquiring an additional 396,584 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Trading Down 2.5 %

Shares of Teradata stock traded down $0.77 on Friday, reaching $30.35. 654,673 shares of the company were exchanged, compared to its average volume of 695,245. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 36.13, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79. The stock has a fifty day moving average price of $31.14 and a 200-day moving average price of $30.70.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, beating 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 company had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. During the same period in the prior year, the firm earned $0.14 earnings per share. The business's quarterly revenue was up .5% on a year-over-year basis. On average, analysts expect that Teradata Co. will post 1.41 EPS for the current year.

Wall Street Analysts Forecast Growth

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

About Teradata

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.