KBC Group NV Buys 101,007 Shares of Teradata Co. (NYSE:TDC)

KBC Group NV lifted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 3,861.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,623 shares of the technology company's stock after purchasing an additional 101,007 shares during the quarter. KBC Group NV owned 0.11% of Teradata worth $3,228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TDC. Assenagon Asset Management S.A. increased 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 in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Teradata by 21.7% in the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company's stock valued at $62,843,000 after purchasing an additional 369,123 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Teradata by 1,553.7% during the third quarter. Robeco Institutional Asset Management B.V. now owns 186,170 shares of the technology company's stock worth $5,648,000 after buying an additional 174,912 shares during the period. Clark Estates Inc. NY bought a new position in shares of Teradata during the third quarter worth about $3,340,000. Finally, Retirement Systems of Alabama raised its position in Teradata by 15.9% in the 3rd quarter. Retirement Systems of Alabama now owns 704,163 shares of the technology company's stock valued at $21,364,000 after buying an additional 96,341 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Analyst Upgrades and Downgrades

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

Teradata Stock Performance

Shares of NYSE TDC traded up $0.42 during mid-day trading on Tuesday, reaching $31.95. 694,592 shares of the company were exchanged, compared to its average volume of 763,104. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44. The stock has a market capitalization of $3.06 billion, a P/E ratio of 38.03, a P/E/G ratio of 3.30 and a beta of 0.78. The company's 50-day simple moving average is $31.69 and its 200-day simple moving average is $30.38. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million during the quarter, compared to analysts' expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The business's revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.14 earnings per share. As a group, research analysts predict that Teradata Co. will post 1.41 earnings per share for the current 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.