110,100 Shares in Teradata Co. (NYSE:TDC) Purchased by Clark Estates Inc. NY

Clark Estates Inc. NY bought a new position in shares of Teradata Co. (NYSE:TDC) in the third quarter, Holdings Channel.com reports. The firm bought 110,100 shares of the technology company’s stock, valued at approximately $3,340,000.

Several other large investors have also recently modified their holdings of TDC. Bridgewater Associates LP grew its stake in Teradata by 6.4% in the 3rd quarter. Bridgewater Associates LP now owns 170,891 shares of the technology company’s stock valued at $5,185,000 after buying an additional 10,293 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Teradata by 127.6% in the third quarter. BNP Paribas Financial Markets now owns 112,049 shares of the technology company’s stock worth $3,400,000 after acquiring an additional 62,826 shares during the period. Brooklyn Investment Group purchased a new position in shares of Teradata in the third quarter valued at $32,000. Quantbot Technologies LP purchased a new position in Teradata during the 3rd quarter valued at about $1,719,000. Finally, FMR LLC grew its stake in Teradata by 2.7% during the third quarter. FMR LLC now owns 1,932,741 shares of the technology company’s stock valued at $58,639,000 after acquiring an additional 51,080 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Trading Up 0.4 %

TDC stock opened at $31.27 on Wednesday. The company has a market capitalization of $2.99 billion, a PE ratio of 37.23, a price-to-earnings-growth ratio of 3.06 and a beta of 0.80. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. Teradata Co. has a one year low of $24.02 and a one year high of $49.44. The company’s 50 day moving average price is $30.59 and its two-hundred day moving average price is $30.99.

Teradata (NYSE:TDC) last released its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The company had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. During the same quarter in the previous year, the company posted $0.14 EPS. Teradata’s revenue for the quarter was up .5% on a year-over-year basis. As a group, analysts predict that Teradata Co. will post 1.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Evercore ISI raised their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. UBS Group lifted their price objective on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. TD Cowen decreased their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. JMP Securities cut Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Finally, Morgan Stanley cut their price objective on Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Teradata presently has an average rating of “Hold” and a consensus price target of $39.91.

Insider Buying and Selling

In other news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the sale, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 5.38 % 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 Hillary Ashton sold 14,962 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares in the company, valued at $3,341,646.46. This trade represents a 10.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.86% of the stock is owned by insiders.

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.