Vanguard Personalized Indexing Management LLC Takes Position in Teradata Co. (NYSE:TDC)

Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Teradata Co. (NYSE:TDC) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,975 shares of the technology company’s stock, valued at approximately $362,000.

Several other hedge funds have also added to or reduced their stakes in TDC. Lynrock Lake LP lifted its position in Teradata by 2.0% during the 4th quarter. Lynrock Lake LP now owns 5,169,066 shares of the technology company’s stock valued at $173,991,000 after purchasing an additional 102,400 shares during the period. American Century Companies Inc. lifted its holdings in Teradata by 2.1% in the fourth quarter. American Century Companies Inc. now owns 4,296,922 shares of the technology company’s stock valued at $144,634,000 after buying an additional 88,515 shares during the period. Capital International Investors boosted its stake in Teradata by 11.2% in the first quarter. Capital International Investors now owns 3,843,434 shares of the technology company’s stock valued at $189,443,000 after acquiring an additional 388,599 shares during the last quarter. State Street Corp grew its holdings in Teradata by 1.8% during the 1st quarter. State Street Corp now owns 2,950,660 shares of the technology company’s stock worth $145,438,000 after acquiring an additional 53,585 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Teradata by 34.8% during the 4th quarter. AQR Capital Management LLC now owns 1,893,337 shares of the technology company’s stock valued at $63,294,000 after acquiring an additional 488,522 shares during the last quarter. Institutional investors own 91.02% of the company’s stock.

Insider Transactions at Teradata

In other Teradata news, CFO Claire Bramley sold 4,427 shares of Teradata stock in a transaction on Friday, August 11th. The shares were sold at an average price of $45.05, for a total value of $199,436.35. Following the sale, the chief financial officer now directly owns 106,227 shares in the company, valued at approximately $4,785,526.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Margaret A. Treese sold 14,592 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $44.74, for a total value of $652,846.08. Following the completion of the sale, the insider now owns 86,169 shares of the company’s stock, valued at approximately $3,855,201.06. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Claire Bramley sold 4,427 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $45.05, for a total transaction of $199,436.35. Following the completion of the transaction, the chief financial officer now directly owns 106,227 shares of the company’s stock, valued at $4,785,526.35. The disclosure for this sale can be found here. Insiders have sold a total of 115,544 shares of company stock valued at $5,441,736 over the last 90 days. 0.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TDC has been the subject of a number of analyst reports. Northland Securities began coverage on Teradata in a research note on Tuesday, May 2nd. They set an “outperform” rating and a $63.00 price objective for the company. Barclays lowered their price target on Teradata from $47.00 to $46.00 and set an “underweight” rating for the company in a research note on Tuesday, August 8th. Morgan Stanley lifted their price objective on shares of Teradata from $51.00 to $74.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 8th. Citigroup upped their target price on shares of Teradata from $55.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Craig Hallum boosted their price target on shares of Teradata from $50.00 to $66.00 and gave the company a “buy” rating in a report on Tuesday, August 8th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $54.00.

Teradata Stock Performance

TDC opened at $45.78 on Wednesday. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 80.32, a P/E/G ratio of 2.51 and a beta of 0.96. The business’s 50-day moving average price is $51.34 and its two-hundred day moving average price is $45.61. Teradata Co. has a 1 year low of $28.65 and a 1 year high of $57.73. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.97 and a quick ratio of 0.96.

Teradata (NYSE:TDC) last announced its earnings results on Monday, August 7th. The technology company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. Teradata had a return on equity of 32.47% and a net margin of 3.21%. The business had revenue of $462.00 million for the quarter, compared to analyst estimates of $445.09 million. During the same quarter last year, the firm earned $0.03 EPS. Teradata’s revenue for the quarter was up 7.4% compared to the same quarter last year. Equities analysts expect that Teradata Co. will post 1.02 EPS for the current fiscal year.

About Teradata

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.