Amalgamated Bank Sells 548 Shares of Teradata Co. (NYSE:TDC)

Amalgamated Bank trimmed its position in shares of Teradata Co. (NYSE:TDCGet Rating) by 0.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,112 shares of the technology company’s stock after selling 548 shares during the period. Amalgamated Bank owned approximately 0.08% of Teradata worth $3,949,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in shares of Teradata by 28.9% in the fourth quarter. JPMorgan Chase & Co. now owns 283,686 shares of the technology company’s stock valued at $12,048,000 after buying an additional 63,633 shares during the period. Geode Capital Management LLC raised its position in Teradata by 6.1% in the fourth quarter. Geode Capital Management LLC now owns 1,615,887 shares of the technology company’s stock worth $68,637,000 after purchasing an additional 92,327 shares in the last quarter. Invesco Ltd. raised its position in Teradata by 32.2% in the fourth quarter. Invesco Ltd. now owns 552,843 shares of the technology company’s stock worth $23,478,000 after purchasing an additional 134,616 shares in the last quarter. Schroder Investment Management Group raised its position in Teradata by 10.5% in the fourth quarter. Schroder Investment Management Group now owns 1,413,637 shares of the technology company’s stock worth $60,037,000 after purchasing an additional 133,907 shares in the last quarter. Finally, Gotham Asset Management LLC raised its position in Teradata by 67.1% in the fourth quarter. Gotham Asset Management LLC now owns 36,672 shares of the technology company’s stock worth $1,557,000 after purchasing an additional 14,721 shares in the last quarter. 94.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Teradata Price Performance

Shares of NYSE:TDC opened at $30.97 on Thursday. The firm has a 50 day moving average of $34.93 and a 200-day moving average of $39.13. The stock has a market capitalization of $3.24 billion, a PE ratio of 42.42, a PEG ratio of 1.50 and a beta of 1.05. 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 12 month low of $30.55 and a 12 month high of $59.38.

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

Teradata Company 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.

See Also

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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