Twin Capital Management Inc. Acquires Shares of 20,920 Teradata Co. (NYSE:TDC)

Twin Capital Management Inc. bought a new position in shares of Teradata Co. (NYSE:TDC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,920 shares of the technology company's stock, valued at approximately $652,000.

Several other hedge funds have also recently bought and sold shares of TDC. Point72 Asset Management L.P. bought a new stake in shares of Teradata during the third quarter worth $27,000. Independence Bank of Kentucky bought a new position in Teradata during the 4th quarter worth about $37,000. Aster Capital Management DIFC Ltd raised its stake in shares of Teradata by 53.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock valued at $49,000 after purchasing an additional 543 shares during the period. Groupama Asset Managment bought a new stake in shares of Teradata in the third quarter valued at about $50,000. Finally, GAMMA Investing LLC boosted its position in shares of Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock worth $57,000 after buying an additional 874 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TDC has been the topic of several research reports. StockNews.com cut Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 target price for the company in a report on Tuesday, April 8th. Evercore ISI lowered their price target 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. 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. Finally, Guggenheim lowered their target price on Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Teradata presently has a consensus rating of "Hold" and a consensus price target of $34.00.

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Teradata Stock Performance

Teradata stock traded down $0.18 during midday trading on Friday, reaching $20.44. 1,036,145 shares of the company's stock were exchanged, compared to its average volume of 1,040,871. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The stock's 50-day simple moving average is $23.67 and its 200 day simple moving average is $28.64. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 17.47, a P/E/G ratio of 6.23 and a beta of 0.87. Teradata Co. has a 52 week low of $18.43 and a 52 week high of $38.45.

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 the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, analysts expect that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

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.