Teradata Co. (NYSE:TDC) Short Interest Up 22.1% in March

Teradata Co. (NYSE:TDC - Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,910,000 shares, an increase of 22.1% from the February 28th total of 4,020,000 shares. Based on an average daily trading volume, of 1,470,000 shares, the short-interest ratio is currently 3.3 days. Approximately 5.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Teradata

Several large investors have recently modified their holdings of TDC. 111 Capital bought a new position in Teradata in the fourth quarter worth approximately $201,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Teradata by 111.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,174 shares of the technology company's stock worth $1,314,000 after acquiring an additional 22,246 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Teradata during the 4th quarter worth $3,255,000. Mackenzie Financial Corp boosted its position in Teradata by 40.6% during the fourth quarter. Mackenzie Financial Corp now owns 128,650 shares of the technology company's stock valued at $4,007,000 after purchasing an additional 37,130 shares in the last quarter. Finally, Vise Technologies Inc. grew its stake in Teradata by 7.4% in the fourth quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company's stock valued at $298,000 after purchasing an additional 662 shares during the last quarter. Institutional investors own 90.31% of the company's stock.

Teradata Trading Down 7.4 %

TDC stock traded down $1.57 during trading on Friday, hitting $19.73. The company had a trading volume of 1,487,060 shares, compared to its average volume of 1,028,201. Teradata has a 52-week low of $19.43 and a 52-week high of $38.82. The company has a 50 day simple moving average of $25.33 and a 200-day simple moving average of $29.07. The firm has a market capitalization of $1.89 billion, a P/E ratio of 16.86, a PEG ratio of 6.23 and a beta of 0.87. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65.

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Teradata (NYSE:TDC - Get Free Report) last issued its earnings results on Tuesday, February 11th. The technology company reported $0.30 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, research analysts forecast that Teradata will post 1.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TDC has been the subject of a number of analyst reports. 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 report on Wednesday, February 12th. Morgan Stanley set a $29.00 price objective on Teradata in a research note on Monday, March 24th. Royal Bank of Canada cut their target price on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 12th. StockNews.com downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 29th. Finally, Evercore ISI reduced their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Teradata has a consensus rating of "Hold" and an average target price of $34.30.

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.