Mutual of America Capital Management LLC Reduces Stake in Teradata Co. (NYSE:TDC)

Mutual of America Capital Management LLC decreased its holdings in shares of Teradata Co. (NYSE:TDC) by 2.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,553 shares of the technology company’s stock after selling 1,386 shares during the quarter. Mutual of America Capital Management LLC owned about 0.05% of Teradata worth $1,575,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TDC. Point72 Asset Management L.P. bought a new stake in Teradata in the third quarter valued at about $27,000. Brooklyn Investment Group bought a new position in shares of Teradata in the third quarter valued at $32,000. Independence Bank of Kentucky acquired a new stake in Teradata during the 4th quarter valued at $37,000. Capital Performance Advisors LLP acquired a new stake in Teradata during the 3rd quarter valued at $45,000. Finally, Groupama Asset Managment acquired a new stake in Teradata during the 3rd quarter valued at $50,000. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

NYSE:TDC opened at $23.06 on Friday. Teradata Co. has a 12-month low of $22.62 and a 12-month high of $39.70. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The firm has a market capitalization of $2.18 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. The firm has a 50-day moving average price of $28.68 and a 200 day moving average price of $29.81.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. Research analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Evercore ISI lowered their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Royal Bank of Canada decreased their price target on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. JMP Securities restated a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Finally, Guggenheim cut their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $34.40.

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.