Teradata Co. (NYSE:TDC) Shares Acquired by Marshall Wace LLP

Marshall Wace LLP grew its position in Teradata Co. (NYSE:TDC - Free Report) by 107.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 107,197 shares of the technology company's stock after purchasing an additional 55,597 shares during the quarter. Marshall Wace LLP owned about 0.11% of Teradata worth $3,339,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Pacer Advisors Inc. lifted its holdings in shares of Teradata by 5.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company's stock valued at $67,899,000 after purchasing an additional 108,426 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Teradata by 8.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company's stock worth $37,930,000 after acquiring an additional 91,211 shares during the last quarter. Norges Bank purchased a new position in Teradata in the 4th quarter worth $36,315,000. Victory Capital Management Inc. raised its stake in Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after acquiring an additional 993,358 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Teradata by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 930,008 shares of the technology company's stock worth $28,970,000 after acquiring an additional 10,747 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TDC. Evercore ISI reduced their target price on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Barclays reduced their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research note on Monday, April 21st. Guggenheim reduced their target price on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Royal Bank of Canada reduced their price objective on Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 12th. Finally, JMP Securities reiterated a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Teradata presently has a consensus rating of "Hold" and an average target price of $33.70.

Teradata Price Performance

TDC stock traded up $0.11 during trading on Tuesday, hitting $21.69. The stock had a trading volume of 728,744 shares, compared to its average volume of 1,043,617. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $38.45. The stock has a market capitalization of $2.08 billion, a P/E ratio of 18.54, a PEG ratio of 6.23 and a beta of 0.87. The company's 50-day moving average price is $22.16 and its two-hundred day moving average price is $27.89.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, research analysts predict 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.