Mutual of America Capital Management LLC Has $1.58 Million Stock Position in Teradata Co. (NYSE:TDC)

Mutual of America Capital Management LLC lowered its position in shares of Teradata Co. (NYSE:TDC) by 6.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,939 shares of the technology company’s stock after selling 3,427 shares during the quarter. Mutual of America Capital Management LLC owned 0.05% of Teradata worth $1,576,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TDC. Crewe Advisors LLC purchased a new stake in shares of Teradata in the second quarter valued at $26,000. GAMMA Investing LLC lifted its stake in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after acquiring an additional 447 shares in the last quarter. Hexagon Capital Partners LLC boosted its position in Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after acquiring an additional 507 shares during the period. Allworth Financial LP grew 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 valued at $40,000 after acquiring an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in shares of Teradata by 2,934.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock valued at $44,000 after purchasing an additional 1,291 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TDC. TD Cowen lowered their price objective on shares of Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research report on Tuesday, August 6th. Evercore ISI lifted their price objective on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Morgan Stanley cut their price target on Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company 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. Finally, StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Teradata presently has an average rating of “Hold” and an average target price of $39.91.

Teradata Trading Up 1.4 %

Teradata stock opened at $31.13 on Tuesday. The business has a 50 day moving average price of $30.59 and a two-hundred day moving average price of $30.99. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. Teradata Co. has a 12 month low of $24.02 and a 12 month high of $49.44. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 37.06, a price-to-earnings-growth ratio of 3.02 and a beta of 0.80.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. Teradata’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. As a group, equities analysts forecast that Teradata Co. will post 1.41 EPS for the current year.

Insider Activity at Teradata

In other news, 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 directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 10.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Margaret A. Treese sold 5,500 shares of the firm’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 value 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 trade represents a 5.38 % decrease in their position. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by insiders.

About Teradata

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.