Trexquant Investment LP Boosts Holdings in Teradata Co. (NYSE:TDC)

Trexquant Investment LP grew its position in Teradata Co. (NYSE:TDC) by 23.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 238,510 shares of the technology company’s stock after acquiring an additional 45,963 shares during the quarter. Trexquant Investment LP’s holdings in Teradata were worth $7,430,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of TDC. Point72 Asset Management L.P. purchased a new position in Teradata during the 3rd quarter worth $27,000. Independence Bank of Kentucky acquired a new stake in shares of Teradata in the 4th quarter valued at approximately $37,000. Groupama Asset Managment purchased a new stake in shares of Teradata during the 3rd quarter worth $50,000. GAMMA Investing LLC grew its position in Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock worth $57,000 after buying an additional 874 shares during the period. Finally, Venturi Wealth Management LLC lifted its position in shares of Teradata by 20.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock valued at $66,000 after acquiring an additional 365 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. JMP Securities restated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Evercore ISI cut their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Barclays dropped their target price on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research note on Wednesday, February 12th. Royal Bank of Canada decreased 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. Finally, StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 29th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $34.30.

Teradata Stock Down 7.0 %

TDC opened at $21.32 on Friday. Teradata Co. has a twelve month low of $21.29 and a twelve month high of $38.99. The firm’s 50-day simple moving average is $25.58 and its 200-day simple moving average is $29.14. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 6.23 and a beta of 0.75.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Equities research analysts anticipate that Teradata Co. will post 1.31 EPS for the current fiscal year.

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.