US Bancorp DE Raises Stock Position in Teradata Co. (NYSE:TDC)

US Bancorp DE grew its stake in shares of Teradata Co. (NYSE:TDC) by 27.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,225 shares of the technology company’s stock after acquiring an additional 701 shares during the period. US Bancorp DE’s holdings in Teradata were worth $98,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Crewe Advisors LLC acquired a new position in shares of Teradata during the 2nd quarter worth $26,000. GAMMA Investing LLC raised its position in 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 acquiring an additional 447 shares during the last quarter. Hexagon Capital Partners LLC lifted its holdings in shares of Teradata by 111.4% in the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock valued at $33,000 after purchasing an additional 507 shares in the last quarter. Allworth Financial LP grew its position in shares of Teradata by 75.2% in the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after purchasing an additional 569 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of Teradata by 2,934.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after purchasing an additional 1,291 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Down 2.1 %

TDC stock opened at $28.97 on Friday. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. The company has a 50-day moving average of $30.33 and a two-hundred day moving average of $31.24. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 34.49, a price-to-earnings-growth ratio of 2.92 and a beta of 0.80. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44.

Teradata (NYSE:TDC) last posted its quarterly earnings results 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 145.40% and a net margin of 4.56%. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter in the prior year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up .5% on a year-over-year basis. As a group, equities research analysts anticipate that Teradata Co. will post 1.41 EPS for the current year.

Insiders Place Their Bets

In other news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction 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 transaction, the insider now owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This represents a 5.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction dated 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 approximately $3,341,646.46. This represents a 10.97 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on TDC shares. Northland Securities cut their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Royal Bank of Canada reissued a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a research note on Tuesday, November 5th. TD Cowen lowered their price target 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. Barclays reduced their price objective on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Finally, UBS Group raised their target price on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $39.91.

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.