First Hawaiian Bank Lowers Holdings in Teradata Co. (NYSE:TDC)

First Hawaiian Bank lowered its holdings in Teradata Co. (NYSE:TDC) by 3.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,534 shares of the technology company’s stock after selling 716 shares during the quarter. First Hawaiian Bank’s holdings in Teradata were worth $794,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in Teradata by 4.4% in the third quarter. Vanguard Group Inc. now owns 11,671,512 shares of the technology company’s stock valued at $525,451,000 after buying an additional 496,702 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Teradata by 21.2% during the 3rd quarter. American Century Companies Inc. now owns 2,585,939 shares of the technology company’s stock worth $116,419,000 after purchasing an additional 451,816 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Teradata by 7.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,584,625 shares of the technology company’s stock worth $68,948,000 after purchasing an additional 116,489 shares during the period. AQR Capital Management LLC increased its holdings in Teradata by 7.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,362,284 shares of the technology company’s stock valued at $61,330,000 after purchasing an additional 89,280 shares during the last quarter. Finally, Boston Trust Walden Corp raised its position in Teradata by 3.1% in the fourth quarter. Boston Trust Walden Corp now owns 1,267,342 shares of the technology company’s stock valued at $55,142,000 after purchasing an additional 38,043 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.

Insider Activity

In related news, CEO Stephen Mcmillan sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $31.95, for a total transaction of $319,500.00. Following the transaction, the chief executive officer now owns 393,579 shares in the company, valued at approximately $12,574,849.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO Stephen Mcmillan sold 10,000 shares of the stock in a transaction on Friday, May 24th. The shares were sold at an average price of $31.95, for a total transaction of $319,500.00. Following the completion of the sale, the chief executive officer now owns 393,579 shares in the company, valued at approximately $12,574,849.05. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael D. Hutchinson sold 18,500 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $32.96, for a total transaction of $609,760.00. Following the transaction, the insider now directly owns 55,190 shares in the company, valued at $1,819,062.40. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Teradata Trading Up 2.4 %

TDC opened at $33.74 on Friday. The business’s 50-day simple moving average is $34.27 and its 200-day simple moving average is $39.43. The company has a market cap of $3.26 billion, a P/E ratio of 80.32, a PEG ratio of 2.26 and a beta of 0.83. Teradata Co. has a one year low of $31.48 and a one year high of $57.73. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. Teradata had a net margin of 2.31% and a return on equity of 70.34%. The business had revenue of $465.00 million during the quarter, compared to the consensus estimate of $461.93 million. During the same quarter in the previous year, the firm earned $0.40 EPS. The company’s revenue was down 2.3% compared to the same quarter last year. As a group, equities research analysts expect that Teradata Co. will post 1.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TDC has been the subject of a number of research reports. Bank of America cut Teradata from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $48.00 to $39.00 in a research note on Tuesday, May 7th. Barclays dropped their target price on Teradata from $39.00 to $35.00 and set an “underweight” rating for the company in a research report on Tuesday, May 7th. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th. Royal Bank of Canada dropped their price objective on shares of Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a report on Tuesday, May 7th. Finally, Evercore ISI reduced their target price on shares of Teradata from $58.00 to $46.00 and set an “outperform” rating on the stock in a report on Tuesday, May 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $49.90.

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.