WINTON GROUP Ltd Purchases New Holdings in Teradata Co. (TDC)
WINTON GROUP Ltd purchased a new stake in Teradata Co. (NYSE:TDC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 161,180 shares of the technology company’s stock, valued at approximately $6,199,000.
Several other institutional investors also recently modified their holdings of TDC. Alyeska Investment Group L.P. increased its holdings in shares of Teradata by 259.2% in the third quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock valued at $93,402,000 after purchasing an additional 1,994,620 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in shares of Teradata in the third quarter valued at approximately $33,107,000. Jennison Associates LLC acquired a new stake in shares of Teradata in the fourth quarter valued at approximately $24,693,000. OppenheimerFunds Inc. increased its holdings in shares of Teradata by 88.5% in the fourth quarter. OppenheimerFunds Inc. now owns 1,275,590 shares of the technology company’s stock valued at $49,058,000 after purchasing an additional 599,015 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in shares of Teradata by 131.2% in the third quarter. Canada Pension Plan Investment Board now owns 839,067 shares of the technology company’s stock valued at $28,352,000 after purchasing an additional 476,100 shares in the last quarter. 97.94% of the stock is owned by institutional investors and hedge funds.
A number of brokerages recently weighed in on TDC. Sanford C. Bernstein raised shares of Teradata from an “underperform” rating to a “market perform” rating in a report on Monday. ValuEngine raised shares of Teradata from a “hold” rating to a “buy” rating in a report on Friday. BMO Capital Markets raised their price target on shares of Teradata from $40.00 to $42.00 and gave the company a “market perform” rating in a report on Friday, February 9th. Zacks Investment Research lowered shares of Teradata from a “hold” rating to a “sell” rating in a report on Monday, February 12th. Finally, Bank of America lowered their price target on shares of Teradata from $48.00 to $45.00 and set a “buy” rating for the company in a report on Friday, February 9th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $34.82.
Shares of Teradata Co. (NYSE:TDC) opened at $40.07 on Monday. The company has a current ratio of 1.65, a quick ratio of 1.62 and a debt-to-equity ratio of 0.72. Teradata Co. has a fifty-two week low of $27.05 and a fifty-two week high of $42.74. The company has a market cap of $4,779.96, a price-to-earnings ratio of -69.96, a price-to-earnings-growth ratio of 12.25 and a beta of 1.27.
Teradata (NYSE:TDC) last released its earnings results on Thursday, February 8th. The technology company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.18. Teradata had a negative net margin of 3.11% and a positive return on equity of 15.54%. The firm had revenue of $626.00 million during the quarter, compared to analyst estimates of $610.50 million. During the same quarter in the previous year, the business earned $0.67 EPS. The business’s quarterly revenue was up .0% compared to the same quarter last year. equities analysts forecast that Teradata Co. will post 1.07 earnings per share for the current fiscal year.
Teradata declared that its Board of Directors has authorized a share repurchase program on Thursday, February 8th that permits the company to buyback $310.00 million in outstanding shares. This buyback authorization permits the technology company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.
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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