Creative Planning Has $393,000 Stock Holdings in Teradata Co. (NYSE:TDC)

Creative Planning trimmed its position in shares of Teradata Co. (NYSE:TDC) by 12.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,938 shares of the technology company’s stock after selling 1,814 shares during the quarter. Creative Planning’s holdings in Teradata were worth $393,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TDC. M&G Plc lifted its stake in shares of Teradata by 2,920.3% in the second quarter. M&G Plc now owns 1,183,683 shares of the technology company’s stock worth $41,429,000 after acquiring an additional 1,144,492 shares during the period. AQR Capital Management LLC lifted its stake in shares of Teradata by 60.9% in the second quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock worth $73,827,000 after acquiring an additional 808,691 shares during the period. Ariel Investments LLC acquired a new position in shares of Teradata in the first quarter worth approximately $30,998,000. Lynrock Lake LP lifted its stake in shares of Teradata by 9.9% in the second quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock worth $230,400,000 after acquiring an additional 600,000 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Teradata by 3.3% in the first quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock worth $457,898,000 after acquiring an additional 377,761 shares during the period. 90.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction 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 transaction, the insider now owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was 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 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 disclosure for this sale can be found here. 0.92% of the stock is currently owned by corporate insiders.

Teradata Trading Down 0.1 %

NYSE TDC opened at $29.30 on Friday. The company has a market cap of $2.82 billion, a price-to-earnings ratio of 34.88, a P/E/G ratio of 3.10 and a beta of 0.80. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The business has a 50 day moving average price of $30.12 and a 200-day moving average price of $31.61. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87.

Teradata (NYSE:TDC) last released its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.56 by $0.13. Teradata had a return on equity of 160.68% and a net margin of 4.56%. The firm had revenue of $440.00 million during the quarter, compared to the consensus estimate of $417.71 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. As a group, equities analysts expect that Teradata Co. will post 1.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TDC shares. TD Cowen cut their price objective on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Evercore ISI lifted their target price on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Northland Securities lowered their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a report on Tuesday. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $39.91.

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.