MetLife Investment Management LLC reduced its stake in shares of Teradata Corporation (NYSE:TDC – Free Report) by 89.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,870 shares of the technology company’s stock after selling 52,278 shares during the quarter. MetLife Investment Management LLC’s holdings in Teradata were worth $132,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Vise Technologies Inc. lifted its holdings in shares of Teradata by 7.4% during the fourth quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company’s stock valued at $298,000 after purchasing an additional 662 shares during the last quarter. US Bancorp DE boosted its position in shares of Teradata by 23.0% in the 1st quarter. US Bancorp DE now owns 4,337 shares of the technology company’s stock valued at $97,000 after purchasing an additional 811 shares during the period. Deutsche Bank AG boosted its position in shares of Teradata by 0.7% in the 1st quarter. Deutsche Bank AG now owns 130,567 shares of the technology company’s stock valued at $2,935,000 after purchasing an additional 907 shares during the period. UMB Bank n.a. boosted its position in shares of Teradata by 153.1% in the 1st quarter. UMB Bank n.a. now owns 1,906 shares of the technology company’s stock valued at $43,000 after purchasing an additional 1,153 shares during the period. Finally, Tsfg LLC acquired a new position in shares of Teradata in the 1st quarter valued at $26,000. Institutional investors own 90.31% of the company’s stock.
Teradata Stock Down 1.0%
TDC opened at $21.05 on Wednesday. Teradata Corporation has a fifty-two week low of $18.43 and a fifty-two week high of $33.69. The business has a 50-day moving average of $21.42 and a 200-day moving average of $21.89. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market capitalization of $1.99 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 5.38 and a beta of 0.78.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on TDC shares. Wall Street Zen lowered Teradata from a “buy” rating to a “hold” rating in a research report on Saturday, August 23rd. UBS Group decreased their price target on Teradata from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.86.
View Our Latest Research Report on TDC
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.
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