Y Intercept Hong Kong Ltd Invests $4.83 Million in Teradata Corporation $TDC

Y Intercept Hong Kong Ltd bought a new position in shares of Teradata Corporation (NYSE:TDC) during the second quarter, according to its most recent filing with the SEC. The fund bought 216,428 shares of the technology company’s stock, valued at approximately $4,829,000.

A number of other hedge funds also recently made changes to their positions in the business. US Bancorp DE raised its stake in shares of Teradata by 23.0% during the 1st quarter. US Bancorp DE now owns 4,337 shares of the technology company’s stock worth $97,000 after purchasing an additional 811 shares during the period. Deutsche Bank AG boosted its position in Teradata by 0.7% during the first quarter. Deutsche Bank AG now owns 130,567 shares of the technology company’s stock worth $2,935,000 after purchasing an additional 907 shares during the period. IFP Advisors Inc increased its stake in shares of Teradata by 405.4% in the second quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock worth $27,000 after purchasing an additional 981 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Teradata by 13.8% in the first quarter. Cetera Investment Advisers now owns 10,255 shares of the technology company’s stock valued at $231,000 after purchasing an additional 1,246 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Teradata by 12.0% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 12,986 shares of the technology company’s stock valued at $292,000 after buying an additional 1,390 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Trading Up 0.3%

Shares of TDC opened at $21.43 on Wednesday. The business’s 50-day moving average price is $21.41 and its 200-day moving average price is $21.65. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $33.69. The stock has a market cap of $2.02 billion, a PE ratio of 18.96, a P/E/G ratio of 5.41 and a beta of 0.77. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.78.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.47 earnings per share 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 firm had revenue of $408.00 million for the quarter, compared to analysts’ expectations of $399.73 million. During the same period in the prior year, the business posted $0.64 earnings per share. The company’s revenue was down 6.4% on a year-over-year basis. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. On average, equities analysts forecast that Teradata Corporation will post 1.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. UBS Group cut their price objective on shares of Teradata from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Zacks Research raised shares of Teradata from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Teradata in a report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Teradata from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $26.86.

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.