Teradata Co. (NYSE:TDC) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its holdings in shares of Teradata Co. (NYSE:TDC) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,046,510 shares of the technology company’s stock after selling 105,890 shares during the period. Vanguard Group Inc. owned approximately 13.63% of Teradata worth $406,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Point72 Asset Management L.P. purchased a new stake in shares of Teradata during the third quarter worth about $27,000. Independence Bank of Kentucky acquired a new stake in Teradata in the 4th quarter worth approximately $37,000. Groupama Asset Managment purchased a new stake in Teradata during the 3rd quarter worth approximately $50,000. GAMMA Investing LLC increased its stake in Teradata by 91.5% during the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after purchasing an additional 874 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in shares of Teradata by 20.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock worth $66,000 after buying an additional 365 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TDC. JMP Securities reissued a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Royal Bank of Canada dropped their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 12th. StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 29th. Barclays dropped their target price on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 12th. Finally, Guggenheim decreased their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $34.40.

Teradata Stock Performance

Shares of NYSE TDC opened at $22.92 on Thursday. Teradata Co. has a 1 year low of $21.80 and a 1 year high of $38.99. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The company’s fifty day moving average price is $25.79 and its 200 day moving average price is $29.19. The company has a market capitalization of $2.17 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75.

Teradata (NYSE:TDC) last posted its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. On average, research analysts predict that Teradata Co. will post 1.31 earnings per share for the current year.

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.