Teradata Co. (NYSE:TDC) Shares Bought by LSV Asset Management

LSV Asset Management raised its stake in Teradata Co. (NYSE:TDC - Free Report) by 98.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 812,200 shares of the technology company's stock after buying an additional 401,921 shares during the quarter. LSV Asset Management owned approximately 0.85% of Teradata worth $25,300,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Point72 Asset Management L.P. purchased a new stake in Teradata during the third quarter worth about $27,000. Independence Bank of Kentucky purchased a new stake in Teradata in the fourth quarter valued at approximately $37,000. Aster Capital Management DIFC Ltd boosted its stake in Teradata by 53.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares during the period. GAMMA Investing LLC boosted its stake in shares of Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock worth $57,000 after buying an additional 874 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in shares of Teradata by 20.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after purchasing an additional 365 shares during the period. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Stock Up 0.2 %

Teradata stock traded up $0.05 during midday trading on Thursday, hitting $20.32. 191,790 shares of the stock were exchanged, compared to its average volume of 1,038,242. The company has a 50 day moving average price of $23.03 and a two-hundred day moving average price of $28.46. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The firm has a market cap of $1.95 billion, a P/E ratio of 17.37, a P/E/G ratio of 6.23 and a beta of 0.87. Teradata Co. has a 1 year low of $18.43 and a 1 year high of $38.45.

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Teradata (NYSE:TDC - Get Free Report) last issued its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (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%. On average, sell-side analysts predict that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on TDC shares. Guggenheim reduced their price target on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. Evercore ISI reduced their price objective on Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Morgan Stanley upgraded Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a research report on Tuesday, April 8th. JMP Securities reissued a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Finally, StockNews.com cut Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 8th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, Teradata currently has a consensus rating of "Hold" and a consensus price target of $34.00.

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.