Voya Investment Management LLC decreased its stake in shares of Teradata Corporation (NYSE:TDC – Free Report) by 38.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,690 shares of the technology company’s stock after selling 37,720 shares during the quarter. Voya Investment Management LLC owned about 0.06% of Teradata worth $1,342,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in TDC. ProShare Advisors LLC raised its stake in Teradata by 14.2% during the fourth quarter. ProShare Advisors LLC now owns 13,041 shares of the technology company’s stock valued at $406,000 after buying an additional 1,619 shares during the last quarter. State of Wyoming increased its holdings in shares of Teradata by 171.6% in the 4th quarter. State of Wyoming now owns 5,158 shares of the technology company’s stock worth $161,000 after purchasing an additional 3,259 shares in the last quarter. Tidal Investments LLC purchased a new position in shares of Teradata in the fourth quarter worth $631,000. Squarepoint Ops LLC raised its stake in shares of Teradata by 55.7% in the fourth quarter. Squarepoint Ops LLC now owns 171,870 shares of the technology company’s stock worth $5,354,000 after purchasing an additional 61,474 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Teradata by 2.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,124,088 shares of the technology company’s stock worth $35,015,000 after purchasing an additional 30,394 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on TDC. Wall Street Zen upgraded Teradata from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. UBS Group decreased their price target on Teradata from $24.00 to $23.00 and set a “neutral” rating for the company in a research note on Wednesday, August 6th. Finally, Zacks Research cut Teradata from a “hold” rating to a “strong sell” rating in a research note on Monday, September 8th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Teradata currently has a consensus rating of “Hold” and a consensus price target of $26.86.
Teradata Price Performance
NYSE:TDC opened at $22.49 on Tuesday. 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 $2.13 billion, a P/E ratio of 19.90, a P/E/G ratio of 5.57 and a beta of 0.78. Teradata Corporation has a 12 month low of $18.43 and a 12 month high of $33.69. The business’s 50-day moving average is $21.25 and its 200 day moving average is $21.76.
Teradata (NYSE:TDC – Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.06. The company had revenue of $408.00 million for the quarter, compared to analysts’ expectations of $399.73 million. Teradata had a return on equity of 96.29% and a net margin of 6.57%.The firm’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $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. On average, equities research analysts forecast that Teradata Corporation will post 1.31 earnings per share for the current fiscal year.
Teradata Company 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.
Further Reading
- Five stocks we like better than Teradata
- What is a Death Cross in Stocks?
- How The Weak Dollar Is Fueling These Global Stock Surges
- What Investors Need to Know About Upcoming IPOs
- 3 Recession-Ready Stocks That Thrive When the Economy Sputters
- Energy and Oil Stocks Explained
- 3 Automation-Focused Stocks Flying Under the Radar
Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.