Chicago Equity Partners LLC trimmed its position in shares of Teradata Co. (NYSE:TDC) by 52.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,950 shares of the technology company’s stock after selling 15,090 shares during the period. Chicago Equity Partners LLC’s holdings in Teradata were worth $560,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of TDC. BlackRock Inc. increased its holdings in Teradata by 6.3% during the first quarter. BlackRock Inc. now owns 11,613,641 shares of the technology company’s stock worth $460,713,000 after buying an additional 687,719 shares during the last quarter. First Trust Advisors LP increased its holdings in Teradata by 27.0% during the second quarter. First Trust Advisors LP now owns 1,868,971 shares of the technology company’s stock worth $75,039,000 after buying an additional 397,070 shares during the last quarter. Fiera Capital Corp increased its holdings in Teradata by 46.9% during the first quarter. Fiera Capital Corp now owns 1,000,323 shares of the technology company’s stock worth $39,683,000 after buying an additional 319,238 shares during the last quarter. Frontier Capital Management Co. LLC acquired a new position in Teradata during the second quarter worth $12,241,000. Finally, SG Americas Securities LLC increased its holdings in Teradata by 112.5% during the first quarter. SG Americas Securities LLC now owns 27,459 shares of the technology company’s stock worth $1,089,000 after buying an additional 247,152 shares during the last quarter. Institutional investors and hedge funds own 99.40% of the company’s stock.
A number of equities analysts recently weighed in on TDC shares. Stifel Nicolaus upgraded shares of Teradata from a “hold” rating to a “buy” rating and boosted their target price for the stock from $45.00 to $49.00 in a report on Wednesday, May 16th. They noted that the move was a valuation call. Mizuho upgraded shares of Teradata from an “underperform” rating to a “buy” rating in a report on Wednesday, May 30th. Citigroup started coverage on shares of Teradata in a report on Thursday, June 28th. They set a “neutral” rating and a $42.00 target price on the stock. Standpoint Research downgraded shares of Teradata from a “buy” rating to a “hold” rating and set a $58.00 target price on the stock. in a report on Tuesday, July 24th. Finally, Zacks Investment Research downgraded shares of Teradata from a “hold” rating to a “sell” rating in a report on Tuesday, August 7th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $38.64.
In other Teradata news, EVP Daniel L. Harrington sold 13,000 shares of the company’s stock in a transaction on Monday, August 13th. The shares were sold at an average price of $40.35, for a total value of $524,550.00. Following the transaction, the executive vice president now directly owns 92,995 shares in the company, valued at $3,752,348.25. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.22% of the stock is owned by insiders.
NYSE:TDC opened at $38.78 on Friday. Teradata Co. has a one year low of $30.36 and a one year high of $44.27. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 47.88, a P/E/G ratio of 4.92 and a beta of 1.03. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.75 and a current ratio of 1.79.
Teradata (NYSE:TDC) last released its quarterly earnings data on Thursday, August 2nd. The technology company reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.07. Teradata had a negative net margin of 2.91% and a positive return on equity of 16.91%. The firm had revenue of $544.00 million for the quarter, compared to the consensus estimate of $524.28 million. During the same period in the previous year, the company earned $0.22 earnings per share. The company’s quarterly revenue was up 6.0% on a year-over-year basis. analysts predict that Teradata Co. will post 0.78 earnings per share for the current fiscal year.
Teradata Company Profile
Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.
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