Teradata Co. (NYSE:TDC) Shares Acquired by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale boosted its position in Teradata Co. (NYSE:TDC) by 89.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,311 shares of the technology company’s stock after acquiring an additional 1,567 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Teradata were worth $100,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in TDC. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Teradata by 3.4% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company’s stock valued at $370,000 after buying an additional 351 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Teradata by 1.5% during the 2nd quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock worth $942,000 after buying an additional 390 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after buying an additional 447 shares in the last quarter. Hexagon Capital Partners LLC grew its position in shares of Teradata by 111.4% in the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock valued at $33,000 after buying an additional 507 shares during the last quarter. Finally, Allworth Financial LP raised its stake in Teradata by 75.2% during the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after acquiring an additional 569 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Barclays dropped their price objective on Teradata from $35.00 to $30.00 and set an “underweight” rating on the stock in a report on Tuesday, August 6th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. JMP Securities cut Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Evercore ISI raised their target price on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Finally, TD Cowen cut their target price on shares of Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a report on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $40.64.

Teradata Stock Performance

NYSE:TDC opened at $33.23 on Monday. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 52.75, a price-to-earnings-growth ratio of 2.99 and a beta of 0.79. The firm’s fifty day moving average price is $29.96 and its 200 day moving average price is $31.75. Teradata Co. has a 1-year low of $24.02 and a 1-year high of $49.44.

Teradata (NYSE:TDC) last issued 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. The business had revenue of $436.00 million for the quarter, compared to the consensus estimate of $447.30 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The business’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 earnings per share. On average, sell-side analysts expect that Teradata Co. will post 1.3 EPS for the current year.

Insider Activity at Teradata

In other news, 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 completion of the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, 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 sale, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction dated 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 in the company, valued at $2,758,315.50. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% 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.