Teradata Co. (NYSE:TDC) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama cut its holdings in Teradata Co. (NYSE:TDC) by 0.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 703,787 shares of the technology company’s stock after selling 376 shares during the quarter. Retirement Systems of Alabama’s holdings in Teradata were worth $21,923,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TDC. Creative Planning lifted its holdings in shares of Teradata by 28.3% during the second quarter. Creative Planning now owns 14,752 shares of the technology company’s stock valued at $510,000 after purchasing an additional 3,253 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Teradata by 28.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,981 shares of the technology company’s stock valued at $172,000 after acquiring an additional 1,113 shares in the last quarter. GAMMA Investing LLC boosted its stake in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares during the period. CWM LLC grew its position in Teradata by 293.8% during the 3rd quarter. CWM LLC now owns 21,972 shares of the technology company’s stock worth $667,000 after purchasing an additional 16,393 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its stake in Teradata by 9.2% during the 3rd quarter. Wedge Capital Management L L P NC now owns 62,120 shares of the technology company’s stock valued at $1,885,000 after purchasing an additional 5,226 shares during the period. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Trading Down 2.7 %

Shares of NYSE:TDC opened at $30.80 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The stock has a market capitalization of $2.95 billion, a PE ratio of 36.67, a P/E/G ratio of 3.30 and a beta of 0.78. The firm has a fifty day moving average price of $31.70 and a 200 day moving average price of $30.39. Teradata Co. has a 1 year low of $24.02 and a 1 year high of $49.44.

Teradata (NYSE:TDC) last announced its earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. During the same quarter last year, the firm posted $0.14 EPS. The business’s quarterly revenue was up .5% on a year-over-year basis. Analysts expect that Teradata Co. will post 1.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Northland Securities lowered their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Barclays upped their target price on Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Friday, December 6th. UBS Group raised their price target on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th. Finally, Evercore ISI lifted their target price on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Teradata currently has a consensus rating of “Hold” and a consensus target price of $40.00.

About Teradata

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.