Marathon Asset Management Ltd Sells 27,451 Shares of Teradata Co. (NYSE:TDC)

Marathon Asset Management Ltd decreased its holdings in Teradata Co. (NYSE:TDC) by 6.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 408,873 shares of the technology company’s stock after selling 27,451 shares during the period. Marathon Asset Management Ltd’s holdings in Teradata were worth $12,736,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Pacer Advisors Inc. boosted its position in Teradata by 21.7% during the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after buying an additional 369,123 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Teradata by 73.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock valued at $23,951,000 after acquiring an additional 324,442 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Teradata by 1,553.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 186,170 shares of the technology company’s stock valued at $5,648,000 after acquiring an additional 174,912 shares during the last quarter. Clark Estates Inc. NY purchased a new stake in shares of Teradata during the 3rd quarter valued at about $3,340,000. Finally, UNICOM Systems Inc. purchased a new position in shares of Teradata in the fourth quarter worth approximately $3,162,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of TDC opened at $23.79 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata Co. has a 52-week low of $22.73 and a 52-week high of $39.70. The stock has a 50 day moving average price of $29.56 and a 200 day moving average price of $29.98. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 6.23 and a beta of 0.78.

Teradata (NYSE:TDC) last released 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%. Research analysts predict that Teradata Co. will post 1.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TDC. Royal Bank of Canada lowered their price target on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 13th. Barclays lowered their price objective on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research note on Wednesday, February 12th. Northland Securities reduced their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Finally, JMP Securities restated a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Teradata has an average rating of “Hold” and an average price target of $34.40.

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.