Charles Schwab Investment Management Inc. Acquires 91,211 Shares of Teradata Co. (NYSE:TDC)

Charles Schwab Investment Management Inc. grew its holdings in Teradata Co. (NYSE:TDC) by 8.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,217,654 shares of the technology company’s stock after acquiring an additional 91,211 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.27% of Teradata worth $37,930,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in shares of Teradata in the third quarter valued at approximately $27,000. Brooklyn Investment Group bought a new position in Teradata in the third quarter worth $32,000. Independence Bank of Kentucky bought a new position in Teradata in the fourth quarter worth $37,000. Groupama Asset Managment bought a new position in Teradata in the third quarter worth $50,000. Finally, Venturi Wealth Management LLC lifted its position in Teradata by 1,055.0% in the third quarter. Venturi Wealth Management LLC now owns 1,744 shares of the technology company’s stock worth $53,000 after purchasing an additional 1,593 shares during the period. 90.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Barclays reduced their target price on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research report on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Evercore ISI reduced their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Royal Bank of Canada reduced their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Finally, Guggenheim reduced their target price on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $34.40.

Teradata Stock Performance

Shares of NYSE:TDC opened at $22.69 on Friday. Teradata Co. has a twelve month low of $21.80 and a twelve month high of $39.70. The firm has a market cap of $2.15 billion, a PE ratio of 19.39, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The business has a fifty day moving average of $27.82 and a 200-day moving average of $29.61.

Teradata (NYSE:TDC) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. On average, equities research analysts predict that Teradata Co. will post 1.31 EPS for the current fiscal year.

About Teradata

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.