Teradata Co. (NYSE:TDC) Shares Bought by Axa S.A.

Axa S.A. lifted its position in shares of Teradata Co. (NYSE:TDC) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,036 shares of the technology company’s stock after purchasing an additional 1,611 shares during the quarter. Axa S.A.’s holdings in Teradata were worth $3,941,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Teradata by 3.3% during the first quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock valued at $457,898,000 after buying an additional 377,761 shares during the period. Pacer Advisors Inc. grew its position in shares of Teradata by 27.5% during the 2nd quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company’s stock valued at $58,827,000 after acquiring an additional 367,641 shares during the period. Boston Trust Walden Corp increased its stake in shares of Teradata by 14.5% in the 2nd quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company’s stock valued at $57,834,000 after purchasing an additional 212,359 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Teradata by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,661,873 shares of the technology company’s stock worth $57,436,000 after purchasing an additional 63,441 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Teradata by 3.6% in the second quarter. Renaissance Technologies LLC now owns 1,619,857 shares of the technology company’s stock valued at $55,982,000 after purchasing an additional 56,200 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Trading Up 0.6 %

Shares of TDC stock opened at $30.35 on Monday. Teradata Co. has a 1-year low of $24.02 and a 1-year high of $49.44. The firm has a market cap of $2.93 billion, a PE ratio of 72.26, a price-to-earnings-growth ratio of 2.71 and a beta of 0.80. The company has a 50-day moving average of $28.64 and a two-hundred day moving average of $32.85. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72.

Teradata (NYSE:TDC) last posted its earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.16. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The firm had revenue of $436.00 million during the quarter, compared to the consensus estimate of $447.30 million. During the same quarter last year, the firm earned $0.20 EPS. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. On average, analysts predict that Teradata Co. will post 1.3 EPS for the current year.

Insider Activity at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the business’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 $3,341,646.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Hillary Ashton sold 14,962 shares of Teradata 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 completion of the transaction, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was 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. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TDC has been the topic of several research analyst reports. Northland Securities dropped their target price on shares of Teradata from $49.00 to $38.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 6th. Guggenheim reaffirmed a “buy” rating and set a $60.00 target price on shares of Teradata in a research note on Tuesday, June 25th. Barclays decreased their price target on shares of Teradata from $35.00 to $30.00 and set an “underweight” rating on the stock in a research note on Tuesday, August 6th. Morgan Stanley dropped their price objective on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 6th. Finally, TD Cowen lowered their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock 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 given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $40.36.

Teradata Company 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.