Victory Capital Management Inc. Increases Position in Teradata Co. (NYSE:TDC)

Victory Capital Management Inc. grew its position in Teradata Co. (NYSE:TDC) by 742.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,127,141 shares of the technology company’s stock after buying 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 SEC filing.

Several other hedge funds have also made changes to their positions in the company. Keybank National Association OH purchased a new stake in shares of Teradata in the 4th quarter valued at approximately $257,000. Charles Schwab Investment Management Inc. grew its stake in shares of 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 buying an additional 91,211 shares during the period. Unified Investment Management purchased a new stake in shares of Teradata in the 4th quarter valued at approximately $932,000. SRS Capital Advisors Inc. lifted its holdings in shares of Teradata by 2,111.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company’s stock worth $134,000 after acquiring an additional 4,118 shares during the last quarter. Finally, Versor Investments LP acquired a new position in shares of Teradata in the 4th quarter worth approximately $469,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TDC shares. Barclays decreased their price objective on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock 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 on the stock in a report on Wednesday, February 12th. StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Royal Bank of Canada decreased their price objective on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Finally, JMP Securities restated a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Teradata presently has a consensus rating of “Hold” and an average price target of $34.40.

Teradata Price Performance

Teradata stock opened at $23.06 on Monday. The firm has a market cap of $2.18 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. Teradata Co. has a 52-week low of $22.62 and a 52-week high of $39.70. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The company’s 50 day moving average is $28.68 and its two-hundred day moving average is $29.82.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share 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%. On average, research analysts expect that Teradata Co. will post 1.31 EPS for the current fiscal year.

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.