Arrowstreet Capital Limited Partnership Grows Holdings in Teradata Co. (NYSE:TDC)

Arrowstreet Capital Limited Partnership increased its stake in Teradata Co. (NYSE:TDC) by 470.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 495,539 shares of the technology company’s stock after buying an additional 408,595 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.52% of Teradata worth $15,436,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC raised its stake in shares of Teradata by 20.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock valued at $66,000 after purchasing an additional 365 shares in the last quarter. Tealwood Asset Management Inc. raised its stake in Teradata by 0.9% during the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock valued at $1,266,000 after buying an additional 368 shares in the last quarter. Xponance Inc. lifted its holdings in Teradata by 2.3% during the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company’s stock worth $594,000 after buying an additional 428 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Teradata by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock worth $361,000 after acquiring an additional 431 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Teradata by 2.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company’s stock valued at $618,000 after acquiring an additional 455 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TDC has been the topic of several research analyst reports. JMP Securities restated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Morgan Stanley set a $29.00 price target on shares of Teradata in a report on Monday, March 24th. StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 29th. Royal Bank of Canada decreased their target price on 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, Barclays cut their price target on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $34.30.

Teradata Stock Down 7.4 %

TDC opened at $19.73 on Friday. The stock’s 50 day moving average price is $25.33 and its 200 day moving average price is $29.07. 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 stock has a market cap of $1.89 billion, a P/E ratio of 16.86, a P/E/G ratio of 6.23 and a beta of 0.87. Teradata Co. has a 12 month low of $19.43 and a 12 month high of $38.82.

Teradata (NYSE:TDC) last issued its quarterly 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, research analysts predict that Teradata Co. will post 1.31 earnings per share for the current 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.