Amalgamated Bank Has $3.54 Million Holdings in Teradata Co. (NYSE:TDC)

Amalgamated Bank increased its holdings in Teradata Co. (NYSE:TDC) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,264 shares of the technology company’s stock after purchasing an additional 4,123 shares during the quarter. Amalgamated Bank’s holdings in Teradata were worth $3,536,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TDC. Nisa Investment Advisors LLC increased its stake in shares of Teradata by 24.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 139,096 shares of the technology company’s stock valued at $6,052,000 after buying an additional 27,004 shares during the period. Charles Schwab Investment Management Inc. increased its position in Teradata by 5.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 993,252 shares of the technology company’s stock valued at $44,716,000 after purchasing an additional 47,927 shares during the period. Quantbot Technologies LP raised its holdings in Teradata by 101.8% during the 3rd 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 last quarter. Polar Capital Holdings Plc raised its holdings in Teradata by 3.9% during the 3rd 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 last quarter. Finally, Sycomore Asset Management acquired a new position in shares of Teradata in the 4th quarter worth approximately $2,071,000. 90.31% of the stock is owned by institutional investors.

Teradata Price Performance

Shares of TDC opened at $32.88 on Friday. The stock has a market cap of $3.21 billion, a P/E ratio of 53.90, a P/E/G ratio of 1.64 and a beta of 0.95. The business’s fifty day moving average is $37.48 and its 200 day moving average is $42.08. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02. Teradata Co. has a 12-month low of $31.61 and a 12-month high of $57.73.

Teradata (NYSE:TDC) last posted its earnings results on Monday, May 6th. The technology company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The company had revenue of $465.00 million during the quarter, compared to the consensus estimate of $461.93 million. During the same period in the previous year, the firm posted $0.40 earnings per share. The firm’s revenue for the quarter was down 2.3% on a year-over-year basis. Sell-side analysts anticipate that Teradata Co. will post 1.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TDC. Royal Bank of Canada decreased their price objective on shares of Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a research report on Tuesday. TD Cowen decreased their price target on Teradata from $46.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday. Citigroup boosted their price objective on Teradata from $57.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, February 12th. Bank of America cut Teradata from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $48.00 to $39.00 in a research note on Tuesday. Finally, Barclays dropped their price target on Teradata from $39.00 to $35.00 and set an “underweight” rating on the stock in a research note on Tuesday. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $49.90.

Insider Transactions at Teradata

In related news, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction on Friday, March 1st. The stock was 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 owns 156,704 shares in the company, valued at $5,868,564.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Stephen Mcmillan sold 40,597 shares of the company’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 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 filing with the SEC, which is accessible through this hyperlink. Also, insider Hillary Ashton sold 9,743 shares of the business’s stock in a transaction 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 transaction, the insider now directly owns 156,704 shares in the company, valued at approximately $5,868,564.80. The disclosure for this sale can be found here. Insiders sold a total of 76,615 shares of company stock valued at $2,903,644 over the last ninety days. 0.86% of the stock is currently owned by 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.