Sei Investments Co. Sells 143,539 Shares of Teradata Co. (NYSE:TDC)

Sei Investments Co. reduced its stake in shares of Teradata Co. (NYSE:TDC) by 36.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 255,508 shares of the technology company’s stock after selling 143,539 shares during the period. Sei Investments Co. owned about 0.27% of Teradata worth $7,959,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TDC. Venturi Wealth Management LLC grew its holdings in Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock valued at $66,000 after purchasing an additional 365 shares during the period. Tealwood Asset Management Inc. grew its stake in shares of Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock worth $1,266,000 after acquiring an additional 368 shares during the period. Xponance Inc. increased its holdings in Teradata by 2.3% in the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company’s stock worth $594,000 after acquiring an additional 428 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Teradata by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock valued at $361,000 after acquiring an additional 431 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Teradata by 2.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company’s stock valued at $618,000 after purchasing an additional 455 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of TDC opened at $22.98 on Monday. Teradata Co. has a 12-month low of $21.80 and a 12-month high of $39.12. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The company has a market cap of $2.17 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. The stock has a 50-day moving average price of $26.32 and a 200-day moving average price of $29.31.

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on TDC shares. Royal Bank of Canada lowered their price target on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 12th. 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. JMP Securities reiterated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Evercore ISI dropped their price objective on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Finally, StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a research note on Saturday. 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $34.40.

Teradata 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.