Teachers Retirement System of The State of Kentucky Increases Stock Position in Teradata Co. (NYSE:TDC)

Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Teradata Co. (NYSE:TDCGet Rating) by 2.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,443 shares of the technology company’s stock after purchasing an additional 3,814 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.15% of Teradata worth $7,810,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. CIBC Asset Management Inc purchased a new position in Teradata during the first quarter worth $223,000. MetLife Investment Management LLC boosted its position in Teradata by 41.3% during the first quarter. MetLife Investment Management LLC now owns 74,270 shares of the technology company’s stock worth $3,661,000 after acquiring an additional 21,690 shares during the last quarter. Retirement Systems of Alabama raised its holdings in Teradata by 12.9% in the 1st quarter. Retirement Systems of Alabama now owns 352,363 shares of the technology company’s stock valued at $17,368,000 after acquiring an additional 40,285 shares during the last quarter. Quent Capital LLC purchased a new position in shares of Teradata during the 4th quarter worth $162,000. Finally, Summit Global Investments acquired a new stake in shares of Teradata during the fourth quarter worth $476,000. 94.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TDC has been the subject of several analyst reports. TheStreet lowered Teradata from a “b-” rating to a “c” rating in a research note on Thursday, August 4th. Royal Bank of Canada cut their price objective on shares of Teradata from $46.00 to $38.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 30th. Finally, Barclays lowered their target price on shares of Teradata from $42.00 to $36.00 and set an “underweight” rating for the company in a report on Monday, July 18th. Two analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, Teradata has a consensus rating of “Hold” and a consensus price target of $51.78.

Teradata Stock Down 2.1 %

Shares of Teradata stock opened at $31.18 on Friday. The company has a fifty day moving average price of $35.33 and a 200 day moving average price of $39.41. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 2.45. Teradata Co. has a twelve month low of $30.89 and a twelve month high of $59.38. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 42.71, a price-to-earnings-growth ratio of 1.51 and a beta of 1.05.

Teradata (NYSE:TDCGet Rating) last issued its earnings results on Thursday, August 4th. The technology company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.01. The company had revenue of $430.00 million during the quarter, compared to the consensus estimate of $441.70 million. Teradata had a return on equity of 34.05% and a net margin of 4.41%. The company’s revenue was down 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.51 earnings per share. Equities research analysts forecast that Teradata Co. will post 0.77 earnings per share for the current fiscal year.

Teradata Profile

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Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that allows companies to leverage their data across an enterprise, as well as connects various sources of data to drive ecosystem simplification and support customers on their journey to the cloud through an integrated migration.

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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