Teradata Co. (NYSE:TDC) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Teradata Co. (NYSE:TDC) by 28.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,253 shares of the technology company’s stock after acquiring an additional 6,031 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Teradata were worth $1,186,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in TDC. North Star Investment Management Corp. acquired a new stake in Teradata during the 4th quarter worth approximately $26,000. Smithfield Trust Co acquired a new stake in Teradata during the 3rd quarter worth approximately $34,000. CWM LLC lifted its position in Teradata by 108.1% during the 3rd quarter. CWM LLC now owns 1,833 shares of the technology company’s stock worth $83,000 after acquiring an additional 952 shares during the period. International Assets Investment Management LLC lifted its position in Teradata by 173.0% during the 4th quarter. International Assets Investment Management LLC now owns 1,914 shares of the technology company’s stock worth $83,000 after acquiring an additional 1,213 shares during the period. Finally, Fifth Third Bancorp lifted its position in Teradata by 6.8% during the 3rd quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock worth $195,000 after acquiring an additional 276 shares during the period. 90.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TDC has been the subject of several recent analyst reports. Barclays reduced their price target on Teradata from $43.00 to $39.00 and set an “underweight” rating for the company in a report on Monday, April 15th. JMP Securities reissued a “market outperform” rating and issued a $72.00 price target on shares of Teradata in a report on Tuesday, February 13th. Royal Bank of Canada reduced their price target on Teradata from $59.00 to $48.00 and set a “sector perform” rating for the company in a report on Tuesday, February 13th. StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. Finally, Citigroup raised their price target on Teradata from $57.00 to $60.00 and gave the company a “buy” rating in a report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $56.90.

Teradata Stock Performance

NYSE TDC opened at $37.68 on Friday. Teradata Co. has a 1-year low of $35.36 and a 1-year high of $57.73. The company has a market capitalization of $3.68 billion, a P/E ratio of 61.77, a PEG ratio of 1.64 and a beta of 0.95. The business has a 50 day moving average price of $37.79 and a 200 day moving average price of $42.69. 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 (NYSE:TDC) last released its quarterly earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.05. The company had revenue of $457.00 million during the quarter, compared to the consensus estimate of $455.84 million. Teradata had a return on equity of 58.25% and a net margin of 3.38%. Teradata’s revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.05 earnings per share. Sell-side analysts expect that Teradata Co. will post 1.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other Teradata news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total transaction of $987,151.75. Following the completion of the transaction, the insider now owns 127,595 shares of the company’s stock, valued at $4,793,744.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Stephen Mcmillan sold 40,597 shares of Teradata stock in a transaction 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 of the company’s stock, valued at $20,191,702.44. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of Teradata stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $37.57, for a total value of $987,151.75. Following the completion of the sale, the insider now directly owns 127,595 shares of the company’s stock, valued at approximately $4,793,744.15. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 76,615 shares of company stock valued at $2,903,644. Corporate insiders own 0.92% of the company’s stock.

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.