International Value Advisers LLC lowered its position in shares of Teradata Co. (NYSE:TDC) by 55.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,153,569 shares of the technology company’s stock after selling 1,408,974 shares during the quarter. Teradata comprises 1.3% of International Value Advisers LLC’s portfolio, making the stock its 23rd largest position. International Value Advisers LLC owned approximately 0.95% of Teradata worth $44,366,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. State of Tennessee Treasury Department acquired a new stake in Teradata during the third quarter valued at approximately $2,703,000. Cornerstone Capital Management Holdings LLC. raised its stake in Teradata by 2,458.9% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 305,531 shares of the technology company’s stock valued at $10,322,000 after buying an additional 293,591 shares in the last quarter. Virginia Retirement Systems ET AL raised its stake in Teradata by 171.9% during the third quarter. Virginia Retirement Systems ET AL now owns 34,800 shares of the technology company’s stock valued at $1,176,000 after buying an additional 22,000 shares in the last quarter. Lockheed Martin Investment Management Co. acquired a new stake in Teradata during the third quarter valued at approximately $1,304,000. Finally, Jupiter Asset Management Ltd. raised its stake in Teradata by 7.6% during the third quarter. Jupiter Asset Management Ltd. now owns 2,392,621 shares of the technology company’s stock valued at $80,847,000 after buying an additional 169,000 shares in the last quarter. Hedge funds and other institutional investors own 97.94% of the company’s stock.
In related news, General Counsel Laura K. Nyquist sold 52,379 shares of the stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $41.52, for a total value of $2,174,776.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James M. Ringler sold 7,496 shares of the stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $41.85, for a total value of $313,707.60. The disclosure for this sale can be found here. Insiders sold a total of 67,371 shares of company stock valued at $2,761,638 over the last three months. Corporate insiders own 1.22% of the company’s stock.
Teradata Co. (NYSE TDC) opened at $42.40 on Monday. Teradata Co. has a fifty-two week low of $27.05 and a fifty-two week high of $42.84. The stock has a market capitalization of $5,172.80, a P/E ratio of 42.83, a P/E/G ratio of 13.26 and a beta of 1.27. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.65 and a quick ratio of 1.62.
Teradata (NYSE:TDC) last issued its quarterly earnings data on Thursday, February 8th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.18. Teradata had a positive return on equity of 15.54% and a negative net margin of 3.11%. The business had revenue of $626.00 million during the quarter, compared to analyst estimates of $610.50 million. During the same period in the prior year, the company posted $0.67 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. analysts anticipate that Teradata Co. will post 1.07 earnings per share for the current fiscal year.
Teradata declared that its Board of Directors has initiated a share repurchase program on Thursday, February 8th that allows the company to repurchase $310.00 million in shares. This repurchase authorization allows the technology company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
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Teradata Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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