Teradata Corporation (NYSE:TDC) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC increased its stake in shares of Teradata Corporation (NYSE:TDC) by 4.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,471 shares of the technology company’s stock after purchasing an additional 1,662 shares during the quarter. Yousif Capital Management LLC’s holdings in Teradata were worth $797,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. grew its stake in Teradata by 32.7% during the 1st quarter. Harbor Capital Advisors Inc. now owns 29,183 shares of the technology company’s stock worth $656,000 after purchasing an additional 7,185 shares in the last quarter. Wedge Capital Management L L P NC grew its stake in Teradata by 29.3% during the 1st quarter. Wedge Capital Management L L P NC now owns 74,831 shares of the technology company’s stock worth $1,682,000 after purchasing an additional 16,959 shares in the last quarter. UMB Bank n.a. grew its stake in Teradata by 153.1% during the 1st quarter. UMB Bank n.a. now owns 1,906 shares of the technology company’s stock worth $43,000 after purchasing an additional 1,153 shares in the last quarter. Wallace Advisory Group LLC purchased a new stake in Teradata during the 1st quarter worth about $148,000. Finally, GAMMA Investing LLC lifted its holdings in Teradata by 5,540.3% during the 1st quarter. GAMMA Investing LLC now owns 103,161 shares of the technology company’s stock worth $2,319,000 after buying an additional 101,332 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Stock Down 0.7%

Teradata stock opened at $21.99 on Friday. Teradata Corporation has a fifty-two week low of $18.43 and a fifty-two week high of $35.60. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.82 and a current ratio of 0.84. The company has a market capitalization of $2.10 billion, a P/E ratio of 15.48, a PEG ratio of 6.58 and a beta of 0.83. The stock has a 50-day simple moving average of $21.86 and a 200-day simple moving average of $25.63.

Teradata (NYSE:TDC) last posted its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.09. Teradata had a return on equity of 129.98% and a net margin of 8.10%. The business had revenue of $418.00 million during the quarter, compared to the consensus estimate of $423.85 million. During the same period in the previous year, the business earned $0.57 EPS. The business’s quarterly revenue was down 10.1% on a year-over-year basis. Equities research analysts expect that Teradata Corporation will post 1.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TDC. Northland Capmk downgraded Teradata from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 7th. Northland Securities downgraded Teradata from an “outperform” rating to a “market perform” rating and set a $21.00 price target for the company. in a report on Wednesday, May 7th. Guggenheim decreased their price target on Teradata from $37.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, May 7th. Wall Street Zen raised Teradata from a “hold” rating to a “buy” rating in a report on Saturday, June 14th. Finally, Morgan Stanley raised Teradata from an “equal weight” rating to an “overweight” rating and set a $26.00 price target for the company in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.25.

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.