Creative Planning Has $393,000 Holdings in Teradata Co. (NYSE:TDC)

Creative Planning lessened its stake in Teradata Co. (NYSE:TDC) by 12.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,938 shares of the technology company’s stock after selling 1,814 shares during the quarter. Creative Planning’s holdings in Teradata were worth $393,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Russell Investments Group Ltd. boosted its holdings in shares of Teradata by 61.5% in the 1st quarter. Russell Investments Group Ltd. now owns 125,369 shares of the technology company’s stock valued at $4,848,000 after buying an additional 47,741 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Teradata by 114.7% during the 2nd quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company’s stock valued at $1,947,000 after purchasing an additional 30,096 shares during the last quarter. Entropy Technologies LP acquired a new stake in Teradata during the 1st quarter valued at $568,000. Assenagon Asset Management S.A. lifted its holdings in Teradata by 85.2% during the 2nd quarter. Assenagon Asset Management S.A. now owns 47,866 shares of the technology company’s stock valued at $1,654,000 after purchasing an additional 22,027 shares during the last quarter. Finally, 272 Capital LP lifted its holdings in Teradata by 57.6% during the 2nd quarter. 272 Capital LP now owns 99,903 shares of the technology company’s stock valued at $3,453,000 after purchasing an additional 36,503 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Insider Buying and Selling at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TDC. Morgan Stanley cut their price target on Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, August 6th. Evercore ISI raised their price target on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. JMP Securities downgraded Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Barclays cut their price target on Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a report on Tuesday. Finally, TD Cowen cut their price target on Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $39.91.

Teradata Stock Down 0.1 %

Shares of NYSE TDC opened at $29.30 on Friday. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The stock has a market capitalization of $2.82 billion, a P/E ratio of 34.88, a PEG ratio of 3.10 and a beta of 0.80. The stock’s fifty day moving average is $30.12 and its 200 day moving average is $31.61.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 160.68% and a net margin of 4.56%. The company had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter last year, the business earned $0.14 earnings per share. Teradata’s revenue was up .5% on a year-over-year basis. Sell-side analysts forecast that Teradata Co. will post 1.3 earnings per share for the current fiscal year.

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.