Cwm LLC Increases Stock Holdings in Teradata Co. (NYSE:TDC)

Cwm LLC boosted its position in shares of Teradata Co. (NYSE:TDC) by 293.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,972 shares of the technology company’s stock after acquiring an additional 16,393 shares during the quarter. Cwm LLC’s holdings in Teradata were worth $667,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Teradata by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock valued at $457,898,000 after purchasing an additional 377,761 shares in the last quarter. Lynrock Lake LP raised its position in Teradata by 9.9% in the 2nd quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock valued at $230,400,000 after purchasing an additional 600,000 shares in the last quarter. AQR Capital Management LLC raised its position in Teradata by 60.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock valued at $73,827,000 after purchasing an additional 808,691 shares in the last quarter. Pacer Advisors Inc. raised its position in Teradata by 27.5% in the 2nd quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company’s stock valued at $58,827,000 after purchasing an additional 367,641 shares in the last quarter. Finally, Boston Trust Walden Corp raised its position in 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. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Teradata news, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction that occurred 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 transaction, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, insider Margaret A. Treese sold 5,500 shares of the company’s 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 sale, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. This represents 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 available through this link. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction that occurred 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 sale, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This trade 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 Up 0.1 %

TDC opened at $32.37 on Friday. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 77.07, a price-to-earnings-growth ratio of 2.94 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’s 50 day moving average is $28.99 and its two-hundred day moving average is $32.16. 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 results on Monday, August 5th. The technology company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.48 by $0.16. The company had revenue of $436.00 million for the quarter, compared to analyst estimates of $447.30 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The firm’s revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 earnings per share. On average, research analysts predict that Teradata Co. will post 1.3 EPS for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on TDC. Royal Bank of Canada reduced their price target on Teradata from $40.00 to $32.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 6th. JMP Securities lowered Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. UBS Group started coverage on Teradata in a research report on Friday, July 19th. They issued a “sell” rating and a $32.00 price target on the stock. Guggenheim reissued a “buy” rating and set a $60.00 target price on shares of Teradata in a research report on Tuesday, June 25th. Finally, Evercore ISI raised their target price on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday. Three 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $40.64.

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.