Teradata Co. (NYSE:TDC) Stock Position Reduced by Martingale Asset Management L P

Martingale Asset Management L P decreased its holdings in Teradata Co. (NYSE:TDC - Free Report) by 46.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,194 shares of the technology company's stock after selling 15,606 shares during the period. Martingale Asset Management L P's holdings in Teradata were worth $567,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Venturi Wealth Management LLC raised its position in Teradata by 20.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after purchasing an additional 365 shares during the period. Tealwood Asset Management Inc. raised its holdings in shares of Teradata by 0.9% in the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock worth $1,266,000 after buying an additional 368 shares during the period. Xponance Inc. boosted its holdings in shares of Teradata by 2.3% in the fourth quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock valued at $594,000 after purchasing an additional 428 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Teradata by 3.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock worth $361,000 after purchasing an additional 431 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Teradata by 2.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company's stock valued at $618,000 after purchasing an additional 455 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Price Performance

Shares of TDC traded up $0.11 on Thursday, reaching $20.38. The stock had a trading volume of 819,612 shares, compared to its average volume of 1,040,639. The firm has a 50-day moving average of $23.03 and a 200 day moving average of $28.46. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The firm has a market capitalization of $1.96 billion, a PE ratio of 17.42, a PEG ratio of 6.23 and a beta of 0.87. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $38.45.

Teradata (NYSE:TDC - Get Free Report) last released 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%. Sell-side analysts expect that Teradata Co. will post 1.31 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Barclays lowered their price target on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a research report on Wednesday, February 12th. StockNews.com lowered shares of Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 8th. Evercore ISI lowered their price target on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research report 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 report on Thursday, February 13th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $34.00.

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.