Teradata Co. (NYSE:TDC) Shares Bought by Prudential Financial Inc.

Prudential Financial Inc. grew its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 76.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 622,175 shares of the technology company's stock after buying an additional 269,629 shares during the quarter. Prudential Financial Inc. owned 0.65% of Teradata worth $19,381,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. UNICOM Systems Inc. acquired a new position in shares of Teradata during the fourth quarter worth about $3,162,000. Unified Investment Management acquired a new position in Teradata during the 4th quarter worth approximately $932,000. Victory Capital Management Inc. raised its stake in shares of Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after buying an additional 993,358 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Teradata by 127.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 112,049 shares of the technology company's stock valued at $3,400,000 after buying an additional 62,826 shares during the period. Finally, Versant Capital Management Inc boosted its stake in shares of Teradata by 210.2% in the fourth quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company's stock valued at $80,000 after buying an additional 1,747 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TDC shares. Barclays cut their price objective on Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a research report on Wednesday, February 12th. Royal Bank of Canada reduced their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 12th. Evercore ISI lowered their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. StockNews.com cut shares of Teradata from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Guggenheim decreased their price target on Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $34.40.

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Teradata Price Performance

Shares of Teradata stock traded down $0.52 during trading on Monday, hitting $22.46. 1,476,261 shares of the company were exchanged, compared to its average volume of 1,021,288. The firm has a 50 day moving average price of $26.15 and a 200 day moving average price of $29.28. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 19.20, a P/E/G ratio of 6.23 and a beta of 0.75. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata Co. has a fifty-two week low of $21.80 and a fifty-two week high of $39.12.

Teradata (NYSE:TDC - Get Free Report) last issued 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 net margin of 6.51% and a return on equity of 149.16%. On average, equities analysts expect that Teradata Co. will post 1.31 earnings per share 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.