Victory Capital Management Inc. Acquires 993,358 Shares of Teradata Co. (NYSE:TDC)

Victory Capital Management Inc. lifted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 742.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,127,141 shares of the technology company's stock after acquiring an additional 993,358 shares during the period. Victory Capital Management Inc. owned 1.18% of Teradata worth $35,110,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Keybank National Association OH acquired a new stake in shares of Teradata in the fourth quarter valued at approximately $257,000. Charles Schwab Investment Management Inc. increased its position in Teradata by 8.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company's stock valued at $37,930,000 after acquiring an additional 91,211 shares during the period. Unified Investment Management acquired a new stake in Teradata in the 4th quarter valued at approximately $932,000. SRS Capital Advisors Inc. raised its stake in Teradata by 2,111.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company's stock valued at $134,000 after acquiring an additional 4,118 shares in the last quarter. Finally, Versor Investments LP acquired a new position in Teradata during the 4th quarter worth $469,000. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Price Performance

Shares of NYSE:TDC traded down $0.31 on Thursday, reaching $21.98. 1,220,397 shares of the company traded hands, compared to its average volume of 902,378. The stock has a market capitalization of $2.08 billion, a PE ratio of 18.78, a P/E/G ratio of 6.23 and a beta of 0.75. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The company's 50 day moving average is $28.16 and its 200-day moving average is $29.69. Teradata Co. has a fifty-two week low of $21.82 and a fifty-two week high of $39.70.

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Teradata (NYSE:TDC - Get Free Report) last announced 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%. As a group, analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TDC shares. Guggenheim cut their price objective on shares of Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. Barclays reduced their price target on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a research note on Wednesday, February 12th. Royal Bank of Canada lowered their price objective on shares of 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 cut Teradata from a "strong-buy" rating to a "buy" rating in a report on Thursday, February 13th. Finally, Evercore ISI decreased their price target on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $34.40.

Teradata 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.