Y Intercept Hong Kong Ltd Invests $775,000 in Teradata Co. (NYSE:TDC)

Y Intercept Hong Kong Ltd bought a new position in shares of Teradata Co. (NYSE:TDC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 24,891 shares of the technology company’s stock, valued at approximately $775,000.

Several other hedge funds have also added to or reduced their stakes in TDC. Pacer Advisors Inc. boosted its holdings in Teradata by 21.7% in the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after acquiring an additional 369,123 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Teradata by 73.0% in the fourth 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 Teradata by 1,553.7% in the third 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 bought a new position in Teradata in the third quarter valued at about $3,340,000. Finally, UNICOM Systems Inc. bought a new position in Teradata in the fourth quarter valued at about $3,162,000. Institutional investors own 90.31% of the company’s stock.

Analyst Upgrades and Downgrades

TDC has been the topic of several recent research reports. Evercore ISI decreased their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Barclays reduced their target price on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Guggenheim reduced their target price on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada reduced 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. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $34.40.

Teradata Trading Up 1.4 %

NYSE TDC opened at $23.79 on Friday. The firm has a market cap of $2.28 billion, a P/E ratio of 20.34, a P/E/G ratio of 6.23 and a beta of 0.78. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The stock’s 50-day moving average is $29.56 and its 200-day moving average is $29.93. Teradata Co. has a one year low of $22.73 and a one year high of $39.70.

Teradata (NYSE:TDC) last released 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 return on equity of 149.16% and a net margin of 6.51%. Sell-side analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

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.