Teradata Co. (NYSE:TDC) Short Interest Up 20.3% in January

Teradata Co. (NYSE:TDC - Get Free Report) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 4,440,000 shares, an increase of 20.3% from the January 15th total of 3,690,000 shares. Approximately 4.7% of the company's stock are sold short. Based on an average daily trading volume, of 822,800 shares, the short-interest ratio is currently 5.4 days.

Teradata Stock Performance

TDC stock traded down $0.50 during midday trading on Wednesday, reaching $24.43. 1,327,877 shares of the company's stock traded hands, compared to its average volume of 1,007,896. Teradata has a 52-week low of $22.73 and a 52-week high of $39.70. The stock has a market cap of $2.34 billion, a P/E ratio of 20.88, a PEG ratio of 6.46 and a beta of 0.78. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The stock's 50-day moving average is $30.76 and its 200 day moving average is $30.06.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data 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 return on equity of 149.16% and a net margin of 6.51%. As a group, analysts anticipate that Teradata will post 1.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TDC shares. Barclays decreased their price objective on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a report on Wednesday, February 12th. Royal Bank of Canada decreased their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a report on Wednesday, February 12th. Guggenheim decreased their price objective on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Evercore ISI decreased their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Finally, UBS Group boosted their price objective on shares of Teradata from $24.00 to $26.00 and gave the company a "sell" rating in a report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $34.40.

Institutional Trading of Teradata

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vise Technologies Inc. increased its stake in shares of Teradata by 7.4% in the fourth quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company's stock worth $298,000 after purchasing an additional 662 shares in the last quarter. CSS LLC IL purchased a new stake in shares of Teradata in the fourth quarter worth $426,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Teradata by 2.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,124,088 shares of the technology company's stock worth $35,015,000 after acquiring an additional 30,394 shares during the last quarter. Vident Advisory LLC boosted its position in shares of Teradata by 43.5% during the fourth quarter. Vident Advisory LLC now owns 30,055 shares of the technology company's stock worth $936,000 after acquiring an additional 9,114 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its position in shares of Teradata by 55.7% during the fourth quarter. Squarepoint Ops LLC now owns 171,870 shares of the technology company's stock worth $5,354,000 after acquiring an additional 61,474 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

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.