Cwm LLC Decreases Holdings in Teradata Co. (NYSE:TDC)

Cwm LLC lowered its holdings in Teradata Co. (NYSE:TDC) by 39.4% during the fourth quarter, HoldingsChannel reports. The fund owned 1,110 shares of the technology company’s stock after selling 723 shares during the period. Cwm LLC’s holdings in Teradata were worth $48,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. North Star Investment Management Corp. purchased a new stake in shares of Teradata during the 4th quarter worth approximately $26,000. Smithfield Trust Co purchased a new position in Teradata during the 3rd quarter worth approximately $34,000. International Assets Investment Management LLC increased its position 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 worth $83,000 after buying an additional 1,213 shares during the period. Fifth Third Bancorp lifted its stake in Teradata by 6.8% in the third quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock valued at $195,000 after buying an additional 276 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC purchased a new position in shares of Teradata during the third quarter worth approximately $213,000. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

NYSE:TDC opened at $32.88 on Friday. 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 fifty-two week low of $31.61 and a fifty-two week high of $57.73. The firm’s fifty day simple moving average is $37.48 and its 200-day simple moving average is $42.08. The stock has a market cap of $3.21 billion, a PE ratio of 53.90, a price-to-earnings-growth ratio of 1.64 and a beta of 0.95.

Teradata (NYSE:TDC) last issued its earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share 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 for the quarter, compared to analyst estimates of $461.93 million. During the same period in the prior year, the business posted $0.40 earnings per share. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. Analysts expect that Teradata Co. will post 1.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In related 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 transaction 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 sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 127,595 shares of the company’s stock, valued at approximately $4,793,744.15. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Stephen Mcmillan sold 40,597 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 528,302 shares in the company, valued at approximately $20,191,702.44. The disclosure for this sale can be found here. Insiders have sold a total of 76,615 shares of company stock worth $2,903,644 in the last quarter. Company insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on TDC shares. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. JMP Securities lowered their target price on Teradata from $72.00 to $60.00 and set a “market outperform” rating on the stock in a research note on Tuesday. Royal Bank of Canada cut their price target on Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a research note on Tuesday. Morgan Stanley lowered shares of Teradata from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $74.00 to $48.00 in a research report on Tuesday, February 13th. Finally, Evercore ISI cut their price objective on shares of Teradata from $58.00 to $46.00 and set an “outperform” rating for the company in a research report on Tuesday. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $49.90.

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.