Mitsubishi UFJ Trust & Banking Corp Buys 18,229 Shares of Teradata Co. (NYSE:TDC)

Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Teradata Co. (NYSE:TDC) by 9.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,200 shares of the technology company’s stock after purchasing an additional 18,229 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.22% of Teradata worth $6,548,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TDC. Point72 Asset Management L.P. bought a new position in shares of Teradata in the third quarter worth approximately $27,000. Brooklyn Investment Group purchased a new position in shares of Teradata during the third quarter valued at approximately $32,000. Independence Bank of Kentucky bought a new position in Teradata in the fourth quarter valued at about $37,000. Groupama Asset Managment purchased a new stake in shares of Teradata in the 3rd quarter worth $50,000. Finally, GAMMA Investing LLC raised its stake in Teradata by 91.5% during the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock worth $57,000 after acquiring an additional 874 shares during the period. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Trading Down 2.7 %

Shares of NYSE TDC opened at $22.98 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 $21.80 and a 52-week high of $39.12. The stock’s 50 day moving average price is $26.32 and its two-hundred day moving average price is $29.31. The stock has a market capitalization of $2.17 billion, a P/E ratio of 19.64, a PEG 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 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%. On average, analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TDC. Evercore ISI decreased their price objective on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Guggenheim dropped their target price on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Barclays cut their price target on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Royal Bank of Canada decreased their target price on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Finally, StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently 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.