Lucus Advisors LLC purchased a new position in shares of Teradata Corporation (NYSE:TDC) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,111 shares of the technology company’s stock, valued at approximately $408,000.
Several other hedge funds have also recently made changes to their positions in TDC. ETRADE Capital Management LLC purchased a new stake in shares of Teradata Corporation during the third quarter worth $221,000. Russell Investments Group Ltd. purchased a new stake in shares of Teradata Corporation during the fourth quarter worth $14,605,000. ING Groep NV purchased a new stake in shares of Teradata Corporation during the fourth quarter worth $220,000. Aberdeen Asset Management PLC UK increased its stake in shares of Teradata Corporation by 19.6% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 120,444 shares of the technology company’s stock worth $3,272,000 after buying an additional 19,711 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Teradata Corporation by 32.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 969,079 shares of the technology company’s stock worth $26,330,000 after buying an additional 237,259 shares in the last quarter.
Shares of Teradata Corporation (NYSE:TDC) traded down 0.28% during mid-day trading on Friday, reaching $28.30. 23,294,136 shares of the company’s stock traded hands. Teradata Corporation has a 12 month low of $24.27 and a 12 month high of $33.32. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 22.07 and a beta of 1.31. The company has a 50 day moving average of $28.52 and a 200 day moving average of $29.40.
Teradata Corporation (NYSE:TDC) last issued its earnings results on Thursday, April 27th. The technology company reported $0.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.28. Teradata Corporation had a return on equity of 28.55% and a net margin of 7.45%. The company had revenue of $491 million for the quarter, compared to analyst estimates of $497.29 million. During the same period in the prior year, the firm earned $0.47 earnings per share. Teradata Corporation’s revenue for the quarter was down 9.9% on a year-over-year basis. Analysts expect that Teradata Corporation will post $1.24 earnings per share for the current fiscal year.
A number of analysts recently weighed in on TDC shares. Mizuho downgraded shares of Teradata Corporation from a “neutral” rating to an “underperform” rating and set a $26.00 price target on the stock. in a research report on Thursday, February 16th. TheStreet upgraded shares of Teradata Corporation from a “c” rating to a “b-” rating in a research report on Thursday, March 9th. BTIG Research started coverage on shares of Teradata Corporation in a research report on Monday, April 17th. They issued a “neutral” rating on the stock. BMO Capital Markets cut their price target on shares of Teradata Corporation from $32.00 to $30.00 and set a “market perform” rating on the stock in a research report on Thursday, April 27th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $30.00 price target (down from $32.00) on shares of Teradata Corporation in a research report on Saturday, April 29th. Six analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $28.38.
Teradata Corporation Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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