Pallas Capital Advisors LLC Invests $398,000 in Teradata Corporation $TDC

Pallas Capital Advisors LLC acquired a new position in shares of Teradata Corporation (NYSE:TDC) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 17,857 shares of the technology company’s stock, valued at approximately $398,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TDC. Lynrock Lake LP grew its position in shares of 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 buying an additional 2,572,320 shares in the last quarter. Nuveen LLC acquired a new position in Teradata in the first quarter valued at approximately $25,116,000. LSV Asset Management boosted its holdings in Teradata by 95.6% in the first quarter. LSV Asset Management now owns 1,588,999 shares of the technology company’s stock valued at $35,721,000 after purchasing an additional 776,799 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Teradata by 5.6% in the first quarter. Vanguard Group Inc. now owns 13,774,843 shares of the technology company’s stock valued at $309,658,000 after purchasing an additional 728,333 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Teradata by 42.2% in the first quarter. Assenagon Asset Management S.A. now owns 1,093,028 shares of the technology company’s stock valued at $24,571,000 after purchasing an additional 324,136 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Stock Performance

Shares of NYSE:TDC opened at $22.04 on Friday. Teradata Corporation has a one year low of $18.43 and a one year high of $33.69. The business’s 50-day simple moving average is $21.24 and its 200 day simple moving average is $21.77. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market cap of $2.08 billion, a P/E ratio of 19.50, a PEG ratio of 5.57 and a beta of 0.78.

Teradata (NYSE:TDC) last issued its earnings results on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.41 by $0.06. Teradata had a return on equity of 96.29% and a net margin of 6.57%.The company had revenue of $408.00 million during the quarter, compared to analyst estimates of $399.73 million. During the same quarter last year, the firm earned $0.64 EPS. The business’s revenue was down 6.4% on a year-over-year basis. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. On average, sell-side analysts forecast that Teradata Corporation will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TDC. Zacks Research downgraded Teradata from a “hold” rating to a “strong sell” rating in a report on Monday, September 8th. Wall Street Zen raised Teradata from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Finally, UBS Group lowered their price target on Teradata from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $26.86.

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.