Mutual of America Capital Management LLC Sells 4,479 Shares of Teradata Co. (NYSE:TDC)

Mutual of America Capital Management LLC reduced its position in Teradata Co. (NYSE:TDC) by 6.9% during the fourth quarter, HoldingsChannel reports. The fund owned 60,531 shares of the technology company’s stock after selling 4,479 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Teradata were worth $2,634,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of TDC. North Star Investment Management Corp. bought a new stake in shares of Teradata during the fourth quarter valued at about $26,000. International Assets Investment Management LLC bought a new stake in shares of Teradata during the third quarter valued at about $31,000. Smithfield Trust Co bought a new stake in shares of Teradata during the third quarter valued at about $34,000. Canada Pension Plan Investment Board bought a new stake in shares of Teradata during the first quarter valued at about $44,000. Finally, Rockefeller Capital Management L.P. increased its position in shares of Teradata by 126.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,633 shares of the technology company’s stock worth $54,000 after purchasing an additional 912 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Stock Down 1.1 %

Shares of TDC opened at $36.33 on Friday. The firm has a market cap of $3.55 billion, a P/E ratio of 59.56, a P/E/G ratio of 1.62 and a beta of 0.95. The stock has a 50 day simple moving average of $38.10 and a two-hundred day simple moving average of $42.91. The company has a debt-to-equity ratio of 4.02, a current ratio of 0.87 and a quick ratio of 0.86. Teradata Co. has a 1 year low of $35.36 and a 1 year high of $57.73.

Teradata (NYSE:TDC) last issued its earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.05. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The firm had revenue of $457.00 million for the quarter, compared to analysts’ expectations of $455.84 million. During the same quarter last year, the business earned $0.05 earnings per share. The business’s revenue was up 1.1% on a year-over-year basis. On average, analysts forecast that Teradata Co. will post 1.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDC has been the topic of several research analyst reports. Morgan Stanley cut shares of Teradata from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $74.00 to $48.00 in a research report on Tuesday, February 13th. JMP Securities restated a “market outperform” rating and issued a $72.00 price objective on shares of Teradata in a research report on Tuesday, February 13th. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th. Citigroup upped their price objective on shares of Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, February 12th. Finally, Royal Bank of Canada decreased their price objective on shares of Teradata from $59.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $56.90.

Insider Buying and Selling at Teradata

In other news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $37.57, for a total transaction of $987,151.75. Following the completion of the sale, the insider now directly owns 127,595 shares in the company, valued at $4,793,744.15. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Stephen Mcmillan sold 40,597 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total transaction of $1,551,617.34. Following the completion of the sale, the chief executive officer now directly owns 528,302 shares in the company, valued at $20,191,702.44. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total transaction of $987,151.75. Following the sale, the insider now owns 127,595 shares of the company’s stock, valued at $4,793,744.15. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 76,615 shares of company stock worth $2,903,644. 0.92% of the stock is currently owned by company insiders.

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.