Teradata Co. (NYSE:TDC) Shares Bought by Versant Capital Management Inc

Versant Capital Management Inc grew its holdings in Teradata Co. (NYSE:TDC) by 210.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,578 shares of the technology company’s stock after purchasing an additional 1,747 shares during the quarter. Versant Capital Management Inc’s holdings in Teradata were worth $80,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Algert Global LLC lifted its position in Teradata by 46.3% during the third quarter. Algert Global LLC now owns 113,106 shares of the technology company’s stock worth $3,432,000 after buying an additional 35,800 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Teradata by 21.7% during the 3rd 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. John G Ullman & Associates Inc. grew its holdings in shares of Teradata by 46.8% in the third quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company’s stock valued at $4,395,000 after purchasing an additional 46,200 shares during the period. 272 Capital LP increased its position in Teradata by 57.6% during the second quarter. 272 Capital LP now owns 99,903 shares of the technology company’s stock worth $3,453,000 after purchasing an additional 36,503 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in Teradata by 828.5% during the third quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company’s stock worth $13,485,000 after purchasing an additional 396,584 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Price Performance

Shares of TDC opened at $30.91 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The company has a market cap of $2.96 billion, a P/E ratio of 36.80, a PEG ratio of 3.17 and a beta of 0.79. The firm’s 50 day moving average price is $31.29 and its 200 day moving average price is $30.79.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.13. The business had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the firm earned $0.14 earnings per share. On average, research analysts forecast that Teradata Co. will post 1.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Evercore ISI raised their price target on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. UBS Group raised their target price on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research note on Tuesday, November 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $32.00 price target on shares of Teradata in a research note on Tuesday, November 5th. Barclays raised their price objective on Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a research report on Friday, December 6th. Finally, Northland Securities decreased their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Teradata has an average rating of “Hold” and an average target price of $40.00.

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.