JPMorgan Chase & Co. boosted its stake in Teradata Co. (NYSE:TDC) by 45.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 686,309 shares of the technology company’s stock after acquiring an additional 213,503 shares during the quarter. JPMorgan Chase & Co.’s holdings in Teradata were worth $27,226,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its holdings in shares of Teradata by 22.4% during the 4th quarter. Wells Fargo & Company MN now owns 265,229 shares of the technology company’s stock valued at $10,200,000 after purchasing an additional 48,463 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Teradata by 1.1% during the 4th quarter. BlackRock Inc. now owns 10,925,922 shares of the technology company’s stock valued at $420,211,000 after purchasing an additional 118,571 shares in the last quarter. Ontario Teachers Pension Plan Board bought a new position in shares of Teradata during the 4th quarter valued at $249,000. Oppenheimer & Co. Inc. bought a new position in shares of Teradata during the 4th quarter valued at $207,000. Finally, WINTON GROUP Ltd bought a new position in shares of Teradata during the 4th quarter valued at $6,199,000. Institutional investors own 97.90% of the company’s stock.

Teradata opened at $41.00 on Wednesday, Marketbeat reports. Teradata Co. has a 1 year low of $27.72 and a 1 year high of $42.84. The company has a current ratio of 1.68, a quick ratio of 1.63 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $4.94 billion, a P/E ratio of 50.62, a PEG ratio of 14.05 and a beta of 1.17.

Teradata (NYSE:TDC) last posted its earnings results on Thursday, May 3rd. The technology company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. Teradata had a negative net margin of 3.32% and a positive return on equity of 14.76%. The business had revenue of $506.00 million for the quarter, compared to analyst estimates of $495.95 million. During the same period last year, the business posted $0.28 EPS. Teradata’s revenue was up 3.1% compared to the same quarter last year. research analysts forecast that Teradata Co. will post 0.97 EPS for the current year.

A number of research firms have recently weighed in on TDC. Stifel Nicolaus upgraded shares of Teradata from a “hold” rating to a “buy” rating and raised their price target for the company from $45.00 to $49.00 in a report on Thursday, May 31st. Mizuho upgraded shares of Teradata from an “underperform” rating to a “buy” rating in a report on Wednesday, May 30th. Wells Fargo & Co raised their price target on shares of Teradata from $30.00 to $35.00 and gave the company an “underperform” rating in a report on Thursday, May 10th. BMO Capital Markets cut their price target on shares of Teradata from $42.00 to $40.00 and set a “market perform” rating on the stock in a report on Friday, May 4th. Finally, Sanford C. Bernstein upgraded shares of Teradata from an “underperform” rating to a “market perform” rating in a report on Monday, March 5th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $36.64.

About Teradata

Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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