Victory Capital Management Inc. Raises Stake in Teradata Co. (NYSE:TDC)

Victory Capital Management Inc. boosted its holdings in shares of Teradata Co. (NYSE:TDC) by 742.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,127,141 shares of the technology company’s stock after purchasing an additional 993,358 shares during the period. Victory Capital Management Inc.’s holdings in Teradata were worth $35,110,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of TDC. Pacer Advisors Inc. grew its position in Teradata by 21.7% during the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock worth $62,843,000 after purchasing an additional 369,123 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Teradata by 73.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock worth $23,951,000 after acquiring an additional 324,442 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in shares of Teradata by 87.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 348,127 shares of the technology company’s stock worth $10,844,000 after acquiring an additional 161,957 shares during the period. Clark Estates Inc. NY acquired a new stake in shares of Teradata in the 3rd quarter worth $3,340,000. Finally, UNICOM Systems Inc. acquired a new stake in shares of Teradata in the 4th quarter worth $3,162,000. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Stock Performance

Shares of TDC opened at $23.06 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The stock has a market cap of $2.18 billion, a P/E ratio of 19.71, a PEG ratio of 6.23 and a beta of 0.75. The company has a 50-day moving average of $28.68 and a two-hundred day moving average of $29.82. Teradata Co. has a 12-month low of $22.62 and a 12-month high of $39.70.

Teradata (NYSE:TDC) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (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%. As a group, research analysts predict that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on TDC shares. Royal Bank of Canada reduced 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. JMP Securities restated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 13th. Barclays reduced 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. Finally, Evercore ISI reduced their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Teradata presently has an average rating of “Hold” and a consensus target price 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.