Point72 DIFC Ltd Invests $531,000 in Teradata Co. (NYSE:TDC)

Point72 DIFC Ltd purchased a new position in shares of Teradata Co. (NYSE:TDC - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 17,517 shares of the technology company's stock, valued at approximately $531,000.

A number of other institutional investors have also modified their holdings of the company. Lynrock Lake LP grew its stake in Teradata by 9.9% in the 2nd quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company's stock worth $230,400,000 after acquiring an additional 600,000 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Teradata by 60.9% during the second quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company's stock worth $73,827,000 after purchasing an additional 808,691 shares during the last quarter. Pacer Advisors Inc. grew its position 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 during the period. FMR LLC increased its stake in Teradata by 2.7% in the third quarter. FMR LLC now owns 1,932,741 shares of the technology company's stock valued at $58,639,000 after purchasing an additional 51,080 shares during the last quarter. Finally, Boston Trust Walden Corp lifted its position in Teradata by 14.5% during the second quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company's stock worth $57,834,000 after buying an additional 212,359 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Stock Down 0.7 %

NYSE:TDC traded down $0.22 on Friday, reaching $32.11. The stock had a trading volume of 632,558 shares, compared to its average volume of 810,302. The company has a 50-day moving average of $30.98 and a 200 day moving average of $30.89. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The stock has a market cap of $3.07 billion, a P/E ratio of 38.23, a price-to-earnings-growth ratio of 3.13 and a beta of 0.79. Teradata Co. has a 12-month low of $24.02 and a 12-month high of $49.44.

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

Wall Street Analyst Weigh In

Several analysts have commented on the company. Evercore ISI lifted their price target on Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a report on Tuesday, October 15th. UBS Group boosted their target price on shares of Teradata from $24.00 to $26.00 and gave the company a "sell" rating in a report on Tuesday, November 5th. Barclays increased their price target on shares of Teradata from $29.00 to $30.00 and gave the stock an "underweight" rating in a research note on Friday. Royal Bank of Canada reissued 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 target price on Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $40.00.

Insider Transactions at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now owns 121,382 shares of the company's stock, valued at $3,341,646.46. This trade represents a 10.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.92% of the company's stock.

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.