Teradata Co. (NYSE:TDC) Stock Holdings Cut by Franklin Resources Inc.

Franklin Resources Inc. reduced its position in shares of Teradata Co. (NYSE:TDCFree Report) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 130,094 shares of the technology company’s stock after selling 5,423 shares during the quarter. Franklin Resources Inc. owned about 0.13% of Teradata worth $5,660,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its stake in Teradata by 4.5% during the 4th quarter. HB Wealth Management LLC now owns 6,488 shares of the technology company’s stock valued at $282,000 after purchasing an additional 280 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Teradata by 3.4% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company’s stock worth $399,000 after acquiring an additional 305 shares in the last quarter. Gotham Asset Management LLC boosted its stake in shares of Teradata by 3.4% during the 3rd quarter. Gotham Asset Management LLC now owns 9,538 shares of the technology company’s stock worth $429,000 after acquiring an additional 311 shares in the last quarter. Heron Bay Capital Management boosted its stake in shares of Teradata by 3.3% during the 4th quarter. Heron Bay Capital Management now owns 10,895 shares of the technology company’s stock worth $474,000 after acquiring an additional 350 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of Teradata by 3.2% during the 3rd quarter. HighTower Advisors LLC now owns 13,526 shares of the technology company’s stock worth $604,000 after acquiring an additional 424 shares in the last quarter. 90.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TDC. StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. Morgan Stanley lowered Teradata from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $74.00 to $48.00 in a research note on Tuesday, February 13th. Bank of America lowered Teradata from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $48.00 to $39.00 in a research note on Tuesday, May 7th. TD Cowen reduced their target price on Teradata from $46.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday, May 7th. Finally, Evercore ISI reduced their target price on Teradata from $58.00 to $46.00 and set an “outperform” rating for the company in a report on Tuesday, May 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.90.

Read Our Latest Research Report on TDC

Insiders Place Their Bets

In other news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the sale, the insider now directly owns 127,595 shares of the company’s stock, valued at $4,793,744.15. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Stephen Mcmillan sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $31.95, for a total value of $319,500.00. Following the sale, the chief executive officer now directly owns 393,579 shares of the company’s stock, valued at $12,574,849.05. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of the firm’s stock in a transaction dated 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 in the company, valued at $4,793,744.15. The disclosure for this sale can be found here. Insiders have sold 54,775 shares of company stock valued at $1,916,412 over the last three months. 0.92% of the stock is currently owned by insiders.

Teradata Price Performance

Shares of NYSE:TDC opened at $32.59 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of 9.83. Teradata Co. has a 1 year low of $31.48 and a 1 year high of $57.73. The business has a fifty day simple moving average of $35.82 and a 200 day simple moving average of $40.83. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 77.60, a P/E/G ratio of 2.17 and a beta of 0.95.

Teradata (NYSE:TDCGet Free Report) last announced its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. The business had revenue of $465.00 million during the quarter, compared to analyst estimates of $461.93 million. Teradata had a return on equity of 70.34% and a net margin of 2.31%. Teradata’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the company earned $0.40 earnings per share. As a group, sell-side analysts predict that Teradata Co. will post 1.14 earnings per share for the current fiscal year.

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.

See Also

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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