Gotham Asset Management LLC Buys 46,224 Shares of Teradata Co. (NYSE:TDC)

Gotham Asset Management LLC lifted its stake in shares of Teradata Co. (NYSE:TDC) by 53.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,825 shares of the technology company’s stock after purchasing an additional 46,224 shares during the quarter. Gotham Asset Management LLC owned 0.14% of Teradata worth $4,137,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Focus Partners Wealth bought a new stake in shares of Teradata during the fourth quarter worth $399,000. Deutsche Bank AG boosted its holdings in shares of Teradata by 186.9% during the 4th quarter. Deutsche Bank AG now owns 129,660 shares of the technology company’s stock valued at $4,039,000 after acquiring an additional 84,473 shares in the last quarter. D. E. Shaw & Co. Inc. grew its position in Teradata by 19.4% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 643,254 shares of the technology company’s stock worth $20,037,000 after acquiring an additional 104,702 shares during the last quarter. Captrust Financial Advisors increased its holdings in Teradata by 55.0% in the 4th quarter. Captrust Financial Advisors now owns 22,532 shares of the technology company’s stock worth $702,000 after purchasing an additional 7,996 shares in the last quarter. Finally, Bayesian Capital Management LP bought a new position in Teradata in the fourth quarter valued at about $455,000. 90.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TDC. Guggenheim lowered their price objective on Teradata from $37.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, May 7th. Barclays decreased their price target on shares of Teradata from $25.00 to $22.00 and set an “underweight” rating for the company in a research report on Monday, April 21st. Morgan Stanley upgraded shares of Teradata from an “equal weight” rating to an “overweight” rating and set a $26.00 price target on the stock in a report on Tuesday, April 8th. Northland Capmk cut shares of Teradata from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 7th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Teradata has a consensus rating of “Hold” and an average price target of $27.50.

Teradata Price Performance

TDC stock opened at $23.30 on Thursday. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 6.23 and a beta of 0.80. The company’s fifty day simple moving average is $21.87 and its 200 day simple moving average is $27.15. Teradata Co. has a 12-month low of $18.43 and a 12-month high of $35.60.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Teradata had a return on equity of 149.16% and a net margin of 6.51%. The company had revenue of $418.00 million for 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 firm’s revenue was down 10.1% compared to the same quarter last year. On average, analysts expect that Teradata Co. will post 1.31 earnings per share for the current year.

About Teradata

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.