M&G Plc Buys 51,491 Shares of Teradata Co. (NYSE:TDC)

M&G Plc lifted its position in shares of Teradata Co. (NYSE:TDC) by 4.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,235,174 shares of the technology company’s stock after purchasing an additional 51,491 shares during the period. M&G Plc owned 1.29% of Teradata worth $37,055,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Teradata by 3.4% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company’s stock worth $370,000 after purchasing an additional 351 shares during the period. Arizona State Retirement System boosted its holdings in shares of Teradata by 1.5% during the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock worth $942,000 after purchasing an additional 390 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in shares of Teradata by 2.1% during the third quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock worth $636,000 after purchasing an additional 434 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Teradata by 88.0% during the third 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. Finally, Hexagon Capital Partners LLC boosted its holdings in shares of Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after purchasing an additional 507 shares during the period. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Trading Up 3.0 %

NYSE:TDC opened at $29.33 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 6.87. Teradata Co. has a 12 month low of $24.02 and a 12 month high of $49.44. The company has a market cap of $2.82 billion, a PE ratio of 34.92, a price-to-earnings-growth ratio of 3.10 and a beta of 0.80. The company has a 50 day simple moving average of $30.10 and a two-hundred day simple moving average of $31.62.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. The business had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 160.68%. The company’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. Research analysts forecast that Teradata Co. will post 1.3 earnings per share for the current year.

Insider Buying and Selling at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the sale, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the sale, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TDC shares. Evercore ISI increased their target price on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. TD Cowen lowered their price objective on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a report on Tuesday, August 6th. Northland Securities lowered their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, JMP Securities lowered shares of Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Teradata presently has a consensus rating of “Hold” and a consensus target price of $39.91.

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.