New Vernon Capital Holdings II LLC Increases Stock Position in Teradata Corporation $TDC

New Vernon Capital Holdings II LLC boosted its position in shares of Teradata Corporation (NYSE:TDCFree Report) by 4,865.1% in the first quarter, HoldingsChannel reports. The fund owned 212,458 shares of the technology company’s stock after purchasing an additional 208,179 shares during the quarter. New Vernon Capital Holdings II LLC’s holdings in Teradata were worth $4,776,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Lynrock Lake LP grew its holdings in Teradata by 37.6% during the first quarter. Lynrock Lake LP now owns 9,416,666 shares of the technology company’s stock worth $211,687,000 after acquiring an additional 2,572,320 shares during the period. Nuveen LLC acquired a new stake in shares of Teradata during the 1st quarter worth about $25,116,000. LSV Asset Management lifted its stake in Teradata by 95.6% during the first quarter. LSV Asset Management now owns 1,588,999 shares of the technology company’s stock worth $35,721,000 after purchasing an additional 776,799 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Teradata by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 13,774,843 shares of the technology company’s stock worth $309,658,000 after buying an additional 728,333 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Teradata by 42.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,093,028 shares of the technology company’s stock valued at $24,571,000 after buying an additional 324,136 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TDC shares. UBS Group dropped their target price on Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. Wall Street Zen cut Teradata from a “buy” rating to a “hold” rating in a research report on Saturday, August 23rd. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $26.86.

Get Our Latest Research Report on TDC

Teradata Trading Down 1.0%

Shares of TDC stock opened at $20.50 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.78. The company has a market capitalization of $1.94 billion, a P/E ratio of 18.14, a price-to-earnings-growth ratio of 4.93 and a beta of 0.78. The business’s 50 day moving average is $21.50 and its two-hundred day moving average is $21.97. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $33.69.

Teradata (NYSE:TDCGet Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.41 by $0.06. The firm had revenue of $408.00 million during the quarter, compared to analysts’ expectations of $399.73 million. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.64 earnings per share. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. Equities analysts forecast that Teradata Corporation will post 1.31 EPS for the current year.

About Teradata

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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