Trexquant Investment LP Grows Stock Holdings in Teradata Co. (NYSE:TDC)

Trexquant Investment LP increased its position in Teradata Co. (NYSE:TDC - Free Report) by 23.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 238,510 shares of the technology company's stock after purchasing an additional 45,963 shares during the quarter. Trexquant Investment LP owned approximately 0.25% of Teradata worth $7,430,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI bought a new stake in Teradata during the fourth quarter valued at about $1,367,000. Franklin Resources Inc. grew its position in shares of Teradata by 8.8% in the 4th quarter. Franklin Resources Inc. now owns 138,268 shares of the technology company's stock worth $4,307,000 after buying an additional 11,239 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Teradata by 470.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock worth $15,436,000 after acquiring an additional 408,595 shares in the last quarter. Cornercap Investment Counsel Inc. purchased a new position in Teradata in the fourth quarter worth $208,000. Finally, Norges Bank acquired a new position in shares of Teradata during the fourth quarter worth $36,315,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Stock Performance

Shares of NYSE:TDC traded up $2.28 during trading on Wednesday, hitting $21.60. 1,508,379 shares of the stock traded hands, compared to its average volume of 1,037,363. The company has a fifty day moving average price of $24.12 and a two-hundred day moving average price of $28.77. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $38.45. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 18.46, a P/E/G 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 posted 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 net margin of 6.51% and a return on equity of 149.16%. As a group, equities analysts predict that Teradata Co. will post 1.31 EPS for the current year.

Wall Street Analysts Forecast Growth

TDC has been the topic of several research analyst reports. Royal Bank of Canada dropped their target price on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 12th. StockNews.com downgraded shares of Teradata from a "strong-buy" rating to a "buy" rating in a research report on Tuesday. Barclays decreased 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 raised shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a report on Tuesday. Finally, JMP Securities reissued 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $34.00.

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.