Teradata Co. (NYSE:TDC) Shares Purchased by Neuberger Berman Group LLC

Neuberger Berman Group LLC boosted its stake in Teradata Co. (NYSE:TDCFree Report) by 6.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,492 shares of the technology company’s stock after acquiring an additional 438 shares during the period. Neuberger Berman Group LLC’s holdings in Teradata were worth $326,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Teradata by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 11,671,512 shares of the technology company’s stock valued at $525,451,000 after purchasing an additional 496,702 shares in the last quarter. American Century Companies Inc. raised its holdings in Teradata by 21.2% in the 3rd quarter. American Century Companies Inc. now owns 2,585,939 shares of the technology company’s stock valued at $116,419,000 after acquiring an additional 451,816 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Teradata by 7.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,584,625 shares of the technology company’s stock valued at $68,948,000 after acquiring an additional 116,489 shares during the last quarter. AQR Capital Management LLC raised its holdings in Teradata by 7.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,362,284 shares of the technology company’s stock valued at $61,330,000 after acquiring an additional 89,280 shares during the last quarter. Finally, Boston Trust Walden Corp raised its holdings in Teradata by 3.1% in the 4th quarter. Boston Trust Walden Corp now owns 1,267,342 shares of the technology company’s stock valued at $55,142,000 after acquiring an additional 38,043 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Down 2.5 %

Shares of NYSE TDC opened at $31.85 on Tuesday. Teradata Co. has a 12-month low of $31.61 and a 12-month high of $57.73. The company has a market cap of $3.08 billion, a P/E ratio of 75.83, a P/E/G ratio of 2.18 and a beta of 0.95. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of 9.83. The stock has a fifty day moving average price of $36.31 and a 200 day moving average price of $41.17.

Teradata (NYSE:TDCGet Free Report) last posted its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $465.00 million during the quarter, compared to analysts’ expectations of $461.93 million. Teradata had a net margin of 2.31% and a return on equity of 70.34%. The firm’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. Research analysts anticipate that Teradata Co. will post 1.14 EPS for the current fiscal year.

Insider Buying and Selling at Teradata

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 value of $364,875.35. Following the completion of the transaction, the insider now directly owns 156,704 shares of the company’s stock, valued at approximately $5,868,564.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Hillary Ashton sold 9,743 shares of the 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 transaction, the insider now owns 156,704 shares of the company’s stock, valued at $5,868,564.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Hutchinson sold 18,500 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $32.96, for a total transaction of $609,760.00. Following the transaction, the insider now directly owns 55,190 shares in the company, valued at approximately $1,819,062.40. The disclosure for this sale can be found here. Insiders sold a total of 54,518 shares of company stock valued at $1,961,787 in the last ninety days. Insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

TDC has been the subject of a number of research analyst reports. Bank of America downgraded Teradata from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $48.00 to $39.00 in a report on Tuesday, May 7th. Evercore ISI dropped their price objective on Teradata from $58.00 to $46.00 and set an “outperform” rating for the company in a report on Tuesday, May 7th. Morgan Stanley downgraded Teradata from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $74.00 to $48.00 in a report on Tuesday, February 13th. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. Finally, Citigroup upped their price objective on Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, February 12th. 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $49.90.

Read Our Latest Analysis on Teradata

Teradata Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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