Holocene Advisors LP Has $3.23 Million Stock Holdings in Teradata Co. (NYSE:TDC)

Holocene Advisors LP raised its stake in Teradata Co. (NYSE:TDC) by 58.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,321 shares of the technology company’s stock after buying an additional 39,104 shares during the period. Holocene Advisors LP’s holdings in Teradata were worth $3,226,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TDC. M&G Plc lifted its stake in shares of Teradata by 2,920.3% in the 2nd quarter. M&G Plc now owns 1,183,683 shares of the technology company’s stock valued at $41,429,000 after acquiring an additional 1,144,492 shares during the last quarter. AQR Capital Management LLC increased its holdings in Teradata by 60.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock worth $73,827,000 after purchasing an additional 808,691 shares in the last quarter. Lynrock Lake LP raised its position in Teradata by 9.9% in the second quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock valued at $230,400,000 after purchasing an additional 600,000 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Teradata by 828.5% in the third quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company’s stock valued at $13,485,000 after purchasing an additional 396,584 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its stake in shares of Teradata by 21.7% during the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after purchasing an additional 369,123 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

TDC opened at $32.31 on Friday. Teradata Co. has a 1-year low of $24.02 and a 1-year high of $49.44. The company has a market cap of $3.09 billion, a price-to-earnings ratio of 38.46, a PEG ratio of 3.11 and a beta of 0.79. The company’s fifty day moving average price is $30.90 and its two-hundred day moving average price is $30.89. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01.

Teradata (NYSE:TDC) last posted its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 EPS. On average, analysts expect that Teradata Co. will post 1.41 EPS for the current fiscal year.

Insider Activity

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This trade represents a 10.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on TDC shares. UBS Group raised their price objective on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Barclays cut their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. Royal Bank of Canada restated a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. Northland Securities cut their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Finally, Evercore ISI increased their price target on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $39.91.

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.