Boston Partners Buys 36,369 Shares of Teradata Corporation $TDC

Boston Partners lifted its stake in Teradata Corporation (NYSE:TDC) by 292.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,790 shares of the technology company’s stock after acquiring an additional 36,369 shares during the period. Boston Partners owned 0.05% of Teradata worth $1,097,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Nuveen LLC purchased a new position in Teradata during the 1st quarter worth $25,116,000. LSV Asset Management grew its stake in Teradata by 95.6% during the 1st quarter. LSV Asset Management now owns 1,588,999 shares of the technology company’s stock valued at $35,721,000 after purchasing an additional 776,799 shares during the last quarter. Vanguard Group Inc. grew its stake in Teradata by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 13,774,843 shares of the technology company’s stock valued at $309,658,000 after purchasing an additional 728,333 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Teradata by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company’s stock valued at $169,756,000 after purchasing an additional 599,394 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in Teradata by 17.2% during the 4th quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company’s stock valued at $88,029,000 after purchasing an additional 416,585 shares during the last quarter. 90.31% of the stock is owned by institutional investors.

Teradata Stock Down 0.2%

Shares of NYSE TDC opened at $21.12 on Monday. The stock has a market cap of $2.00 billion, a P/E ratio of 18.69, a PEG ratio of 5.02 and a beta of 0.83. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.78. Teradata Corporation has a 12-month low of $18.43 and a 12-month high of $33.69. The business’s fifty day simple moving average is $21.79 and its 200-day simple moving average is $22.67.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.06. Teradata had a return on equity of 96.29% and a net margin of 6.57%. The business had revenue of $408.00 million for the quarter, compared to analysts’ expectations of $399.73 million. During the same period last year, the firm earned $0.64 earnings per share. The company’s revenue for the quarter was down 6.4% compared to the same quarter last year. As a group, equities analysts predict that Teradata Corporation will post 1.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on TDC. Northland Securities downgraded Teradata from an “outperform” rating to a “market perform” rating and set a $21.00 price target on the stock. in a research note on Wednesday, May 7th. Barclays dropped their price target on Teradata from $25.00 to $22.00 and set an “underweight” rating on the stock in a research note on Monday, April 21st. Wall Street Zen upgraded Teradata from a “hold” rating to a “buy” rating in a research note on Saturday, June 14th. Guggenheim lowered their target price on Teradata from $37.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, May 7th. Finally, Northland Capmk downgraded Teradata from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $26.86.

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.