Quantitative Investment Management LLC lifted its stake in Teradata Co. (NYSE:TDC) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,500 shares of the technology company’s stock after buying an additional 23,600 shares during the period. Quantitative Investment Management LLC owned approximately 0.16% of Teradata worth $7,326,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of TDC. Alyeska Investment Group L.P. boosted its position in shares of Teradata by 259.2% in the third quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock worth $93,402,000 after buying an additional 1,994,620 shares during the period. Jennison Associates LLC purchased a new stake in shares of Teradata in the fourth quarter worth about $24,693,000. OppenheimerFunds Inc. boosted its position in shares of Teradata by 88.5% in the fourth quarter. OppenheimerFunds Inc. now owns 1,275,590 shares of the technology company’s stock worth $49,058,000 after buying an additional 599,015 shares during the period. APG Asset Management N.V. boosted its position in shares of Teradata by 36.8% in the fourth quarter. APG Asset Management N.V. now owns 1,313,700 shares of the technology company’s stock worth $42,076,000 after buying an additional 353,300 shares during the period. Finally, Acadian Asset Management LLC boosted its position in shares of Teradata by 309.5% in the fourth quarter. Acadian Asset Management LLC now owns 447,548 shares of the technology company’s stock worth $17,212,000 after buying an additional 338,255 shares during the period. 97.94% of the stock is owned by institutional investors.
In other Teradata news, Director James M. Ringler sold 7,496 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $41.85, for a total transaction of $313,707.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Laura K. Nyquist sold 52,379 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $41.52, for a total value of $2,174,776.08. The disclosure for this sale can be found here. Insiders have sold 67,371 shares of company stock worth $2,761,638 in the last 90 days. 1.22% of the stock is currently owned by insiders.
Teradata Co. (NYSE:TDC) opened at $42.40 on Monday. The company has a quick ratio of 1.62, a current ratio of 1.65 and a debt-to-equity ratio of 0.72. Teradata Co. has a one year low of $27.05 and a one year high of $42.84. The company has a market capitalization of $5,172.80, a PE ratio of 42.83, a P/E/G ratio of 13.26 and a beta of 1.27.
Teradata (NYSE:TDC) last released its quarterly earnings results on Thursday, February 8th. The technology company reported $0.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $610.50 million. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The company’s revenue was up .0% compared to the same quarter last year. analysts forecast that Teradata Co. will post 1.07 EPS for the current year.
Teradata announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 8th that permits the company to buyback $310.00 million in outstanding shares. This buyback authorization permits the technology company to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.
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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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