Teradata Co. (NYSE:TDC) Short Interest Update

Teradata Co. (NYSE:TDC) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 4,440,000 shares, an increase of 20.3% from the January 15th total of 3,690,000 shares. Currently, 4.7% of the company’s stock are short sold. Based on an average trading volume of 822,800 shares, the short-interest ratio is presently 5.4 days.

Teradata Price Performance

Teradata stock traded down $0.05 during trading hours on Monday, hitting $24.78. 1,501,231 shares of the stock were exchanged, compared to its average volume of 746,164. The stock has a market capitalization of $2.37 billion, a P/E ratio of 29.50, a P/E/G ratio of 3.19 and a beta of 0.78. Teradata has a 12 month low of $22.73 and a 12 month high of $39.70. The business’s 50-day moving average is $31.08 and its two-hundred day moving average is $30.14. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80.

Teradata (NYSE:TDC) last released 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 return on equity of 145.40% and a net margin of 4.56%. Equities research analysts expect that Teradata will post 1.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Teradata

Institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank acquired a new stake in Teradata during the 4th quarter worth $36,315,000. Victory Capital Management Inc. raised its position in shares of Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock valued at $35,110,000 after acquiring an additional 993,358 shares during the period. Ameriprise Financial Inc. grew its holdings in Teradata by 12.4% during the fourth 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 period. AQR Capital Management LLC increased its stake in Teradata by 17.2% in the fourth 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 in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Teradata by 470.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company’s stock valued at $15,436,000 after buying an additional 408,595 shares during the period. 90.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TDC has been the subject of several research reports. Evercore ISI reduced their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Barclays dropped their price target on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 12th. Guggenheim lowered their target price on shares of Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. JMP Securities reissued a “market perform” rating on shares of Teradata in a research report on Thursday. 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 research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Teradata has an average rating of “Hold” and an average target price of $34.40.

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.