Teradata Co. (NYSE:TDC) Shares Acquired by Strs Ohio

Strs Ohio grew its holdings in Teradata Co. (NYSE:TDC) by 4.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,227 shares of the technology company’s stock after buying an additional 1,034 shares during the quarter. Strs Ohio’s holdings in Teradata were worth $1,141,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of TDC. North Star Investment Management Corp. acquired a new stake in shares of Teradata in the 4th quarter valued at approximately $26,000. Smithfield Trust Co acquired a new stake in shares of Teradata in the 3rd quarter valued at approximately $34,000. CWM LLC lifted its holdings in shares of Teradata by 108.1% in the 3rd quarter. CWM LLC now owns 1,833 shares of the technology company’s stock valued at $83,000 after buying an additional 952 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Teradata by 173.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,914 shares of the technology company’s stock valued at $83,000 after buying an additional 1,213 shares during the period. Finally, Impact Partnership Wealth LLC acquired a new stake in shares of Teradata in the 3rd quarter valued at approximately $102,000. 90.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction on Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the sale, the insider now owns 156,704 shares of the company’s stock, valued at $5,868,564.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction on Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the sale, the insider now owns 156,704 shares of the company’s stock, valued at $5,868,564.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of Teradata stock in a transaction on 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 transaction, the insider now owns 127,595 shares in the company, valued at approximately $4,793,744.15. The disclosure for this sale can be found here. Insiders sold a total of 76,615 shares of company stock valued at $2,903,644 over the last quarter. Company insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. JMP Securities reaffirmed a “market outperform” rating and issued a $72.00 price objective on shares of Teradata in a research note on Tuesday, February 13th. Bank of America downgraded Teradata from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $58.00 to $48.00 in a research note on Tuesday, February 13th. Barclays dropped their price objective on Teradata from $43.00 to $39.00 and set an “underweight” rating for the company in a research note on Monday, April 15th. Royal Bank of Canada dropped their price objective on Teradata from $59.00 to $48.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 13th. Finally, Morgan Stanley downgraded Teradata from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $74.00 to $48.00 in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $56.90.

Teradata Stock Performance

Teradata stock opened at $36.78 on Wednesday. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.86 and a current ratio of 0.87. The stock has a fifty day moving average of $37.83 and a two-hundred day moving average of $42.77. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 60.30, a PEG ratio of 1.62 and a beta of 0.95. Teradata Co. has a fifty-two week low of $35.36 and a fifty-two week high of $57.73.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Monday, February 12th. The technology company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.05. The business had revenue of $457.00 million during the quarter, compared to the consensus estimate of $455.84 million. Teradata had a return on equity of 58.25% and a net margin of 3.38%. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.05 earnings per share. On average, analysts anticipate that Teradata Co. will post 1.27 EPS for the current fiscal year.

Teradata 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.