Xponance Inc. Buys 428 Shares of Teradata Co. (NYSE:TDC)

Xponance Inc. increased its stake in Teradata Co. (NYSE:TDC) by 2.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,074 shares of the technology company’s stock after purchasing an additional 428 shares during the quarter. Xponance Inc.’s holdings in Teradata were worth $594,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TDC. Point72 Asset Management L.P. bought a new position in shares of Teradata in the 3rd quarter valued at about $27,000. Brooklyn Investment Group acquired a new stake in Teradata in the 3rd quarter valued at about $32,000. Independence Bank of Kentucky acquired a new position in Teradata during the fourth quarter worth approximately $37,000. Groupama Asset Managment acquired a new position in Teradata during the third quarter worth approximately $50,000. Finally, GAMMA Investing LLC raised its stake in Teradata by 91.5% in the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after buying an additional 874 shares during the period. 90.31% of the stock is owned by institutional investors.

Teradata Trading Down 1.9 %

NYSE TDC opened at $23.81 on Wednesday. Teradata Co. has a twelve month low of $21.80 and a twelve month high of $39.70. The business’s fifty day moving average is $26.77 and its 200 day moving average is $29.40. 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 company has a market cap of $2.25 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. As a group, sell-side analysts expect that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analysts Set New Price Targets

TDC has been the topic of a number of recent analyst reports. Royal Bank of Canada decreased their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Evercore ISI decreased their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Barclays cut their target price 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. JMP Securities reiterated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Finally, StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 13th. Three analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $34.40.

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.