Teradata Co. (NYSE:TDC) Shares Purchased by Mariner LLC

Mariner LLC raised its position in Teradata Co. (NYSE:TDC) by 34.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,991 shares of the technology company’s stock after purchasing an additional 2,821 shares during the quarter. Mariner LLC’s holdings in Teradata were worth $342,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Barclays PLC grew its position in Teradata by 7.1% in the fourth quarter. Barclays PLC now owns 181,808 shares of the technology company’s stock worth $5,663,000 after acquiring an additional 12,121 shares during the period. Synovus Financial Corp purchased a new position in shares of Teradata during the 4th quarter worth $358,000. LSV Asset Management increased its position in shares of Teradata by 98.0% during the 4th quarter. LSV Asset Management now owns 812,200 shares of the technology company’s stock worth $25,300,000 after purchasing an additional 401,921 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Teradata in the 4th quarter valued at about $3,321,000. Finally, Twin Capital Management Inc. acquired a new position in Teradata in the fourth quarter valued at about $652,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 8th. Evercore ISI decreased their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Barclays decreased their target price on Teradata from $25.00 to $22.00 and set an “underweight” rating on the stock in a research note on Monday, April 21st. Finally, Royal Bank of Canada dropped their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $33.70.

Teradata Stock Performance

Shares of TDC opened at $22.09 on Friday. The stock has a 50-day simple moving average of $21.98 and a 200-day simple moving average of $27.64. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. Teradata Co. has a 1 year low of $18.43 and a 1 year high of $38.45. The stock has a market capitalization of $2.12 billion, a PE ratio of 18.88, a PEG ratio of 6.23 and a beta of 0.87.

Teradata (NYSE:TDC) last posted its quarterly 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 predict that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

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.