Teradata Co. (NYSE:TDC) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its stake in Teradata Co. (NYSE:TDC - Free Report) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 611,264 shares of the technology company's stock after buying an additional 53,743 shares during the period. JPMorgan Chase & Co. owned 0.64% of Teradata worth $19,041,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its position in shares of Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock valued at $35,110,000 after buying an additional 993,358 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Teradata by 73.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company's stock valued at $23,951,000 after acquiring an additional 324,442 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Teradata by 76.5% in the fourth quarter. Prudential Financial Inc. now owns 622,175 shares of the technology company's stock valued at $19,381,000 after acquiring an additional 269,629 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Teradata by 87.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 348,127 shares of the technology company's stock worth $10,844,000 after purchasing an additional 161,957 shares in the last quarter. Finally, Hillsdale Investment Management Inc. grew its holdings in Teradata by 920.2% in the fourth quarter. Hillsdale Investment Management Inc. now owns 166,300 shares of the technology company's stock worth $5,180,000 after purchasing an additional 150,000 shares during the period. Institutional investors own 90.31% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts have commented on TDC shares. Barclays reduced their target price on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a report on Wednesday, February 12th. 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 research note on Wednesday, February 12th. Guggenheim decreased their price objective on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. StockNews.com lowered shares of Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Finally, Evercore ISI reduced their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $34.00.

Teradata Stock Up 0.4 %

Shares of TDC stock traded up $0.08 during trading on Monday, hitting $20.53. 786,753 shares of the company were exchanged, compared to its average volume of 1,039,859. The business's 50-day simple moving average is $23.67 and its 200 day simple moving average is $28.64. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $38.45. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 17.55, a P/E/G 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 (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 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%. As a group, analysts forecast that Teradata Co. will post 1.31 EPS for the current fiscal year.

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.