Teradata Co. (NYSE:TDC) Shares Acquired by Strs Ohio

Strs Ohio lifted its holdings in shares of Teradata Co. (NYSE:TDC) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,227 shares of the technology company’s stock after buying an additional 1,034 shares during the period. Strs Ohio’s holdings in Teradata were worth $1,141,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nisa Investment Advisors LLC lifted its position in Teradata by 24.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 139,096 shares of the technology company’s stock worth $6,052,000 after purchasing an additional 27,004 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Teradata by 5.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 993,252 shares of the technology company’s stock worth $44,716,000 after purchasing an additional 47,927 shares during the period. Quantbot Technologies LP lifted its position in Teradata by 101.8% in the third quarter. Quantbot Technologies LP now owns 28,768 shares of the technology company’s stock worth $1,295,000 after purchasing an additional 14,509 shares during the period. Polar Capital Holdings Plc lifted its position in Teradata by 3.9% in the third quarter. Polar Capital Holdings Plc now owns 935,108 shares of the technology company’s stock worth $42,099,000 after purchasing an additional 34,809 shares during the period. Finally, Deutsche Bank AG lifted its position in Teradata by 11.2% in the third quarter. Deutsche Bank AG now owns 405,141 shares of the technology company’s stock worth $18,239,000 after purchasing an additional 40,947 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Trading Up 0.2 %

NYSE TDC opened at $36.78 on Wednesday. Teradata Co. has a 1-year low of $35.36 and a 1-year high of $57.73. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 4.02. The company has a market capitalization of $3.59 billion, a PE ratio of 60.30, a price-to-earnings-growth ratio of 1.62 and a beta of 0.95. The firm’s fifty day simple moving average is $37.83 and its 200-day simple moving average is $42.77.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.05. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The business had revenue of $457.00 million for the quarter, compared to the consensus estimate of $455.84 million. During the same period in the prior year, the business posted $0.05 earnings per share. Teradata’s revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Teradata Co. will post 1.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Teradata news, CEO Stephen Mcmillan sold 40,597 shares of the stock in a transaction on 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 transaction, the chief executive officer now directly owns 528,302 shares of the company’s stock, valued at $20,191,702.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Teradata news, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $37.45, for a total transaction of $364,875.35. Following the completion of the sale, the insider now directly owns 156,704 shares in the company, valued at $5,868,564.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen Mcmillan sold 40,597 shares of the company’s 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 sale, the chief executive officer now owns 528,302 shares of the company’s stock, valued at $20,191,702.44. The disclosure for this sale can be found here. Insiders have sold 76,615 shares of company stock valued at $2,903,644 over the last three months. 0.86% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Citigroup increased their price objective on Teradata from $57.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, February 12th. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th. Royal Bank of Canada cut their price objective on Teradata from $59.00 to $48.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 13th. Barclays cut their price objective on Teradata from $43.00 to $39.00 and set an “underweight” rating for the company in a research report on Monday, April 15th. Finally, JMP Securities reiterated a “market outperform” rating and set a $72.00 price objective on shares of Teradata in a research report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $56.90.

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.