Xponance Inc. Reduces Stake in Teradata Co. (NYSE:TDC)

Xponance Inc. lowered its stake in shares of Teradata Co. (NYSE:TDC) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,572 shares of the technology company’s stock after selling 888 shares during the period. Xponance Inc.’s holdings in Teradata were worth $982,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. North Star Investment Management Corp. purchased a new stake in Teradata in the fourth quarter worth $26,000. Smithfield Trust Co bought a new stake in Teradata in the 3rd quarter valued at about $34,000. CWM LLC lifted its holdings in Teradata by 108.1% during the third quarter. CWM LLC now owns 1,833 shares of the technology company’s stock valued at $83,000 after purchasing an additional 952 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Teradata by 173.0% during the fourth quarter. International Assets Investment Management LLC now owns 1,914 shares of the technology company’s stock valued at $83,000 after purchasing an additional 1,213 shares during the last quarter. Finally, Fifth Third Bancorp boosted its position in Teradata by 6.8% during the third quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock worth $195,000 after purchasing an additional 276 shares during the period. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

NYSE:TDC opened at $37.63 on Friday. The stock has a market cap of $3.68 billion, a P/E ratio of 61.69, a PEG ratio of 1.64 and a beta of 0.95. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02. The business’s 50-day moving average price is $37.80 and its two-hundred day moving average price is $42.73. Teradata Co. has a twelve month low of $35.36 and a twelve month high of $57.73.

Teradata (NYSE:TDC) last announced its earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, beating 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 last year, the firm posted $0.05 earnings per share. Teradata’s quarterly revenue was up 1.1% on a year-over-year basis. As a group, equities analysts predict that Teradata Co. will post 1.27 EPS for the current fiscal year.

Analyst Ratings Changes

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

Insider Activity

In related news, CEO Stephen Mcmillan sold 40,597 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total value of $1,551,617.34. Following the completion of the transaction, the chief executive officer now directly owns 528,302 shares in the company, valued at $20,191,702.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Stephen Mcmillan sold 40,597 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the completion of the sale, the chief executive officer now owns 528,302 shares in the company, valued at approximately $20,191,702.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the sale, the insider now directly owns 156,704 shares of the company’s stock, valued at approximately $5,868,564.80. The disclosure for this sale can be found here. In 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 corporate insiders.

About Teradata

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.