Virginia Retirement Systems ET AL lifted its holdings in Teradata Corporation (NYSE:TDC) by 171.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 34,800 shares of the technology company’s stock after purchasing an additional 22,000 shares during the quarter. Virginia Retirement Systems ET AL’s holdings in Teradata were worth $1,176,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Legal & General Group Plc grew its position in shares of Teradata by 5.4% in the 3rd quarter. Legal & General Group Plc now owns 171,745 shares of the technology company’s stock valued at $5,802,000 after purchasing an additional 8,724 shares during the period. Eagle Asset Management Inc. acquired a new position in shares of Teradata in the 3rd quarter valued at approximately $8,328,000. Teachers Retirement System of The State of Kentucky grew its position in shares of Teradata by 27.2% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 120,301 shares of the technology company’s stock valued at $4,065,000 after purchasing an additional 25,733 shares during the period. Cipher Capital LP acquired a new position in shares of Teradata in the 3rd quarter valued at approximately $2,244,000. Finally, Columbia Partners L L C Investment Management grew its position in shares of Teradata by 7.1% in the 3rd quarter. Columbia Partners L L C Investment Management now owns 44,822 shares of the technology company’s stock valued at $1,514,000 after purchasing an additional 2,968 shares during the period. Institutional investors and hedge funds own 97.94% of the company’s stock.
In other news, CFO Mark Culhane purchased 4,500 shares of Teradata stock in a transaction on Friday, December 1st. The stock was purchased at an average price of $37.66 per share, with a total value of $169,470.00. Following the transaction, the chief financial officer now directly owns 29,924 shares in the company, valued at approximately $1,126,937.84. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 1.73% of the company’s stock.
Several brokerages recently issued reports on TDC. Summit Redstone upgraded Teradata from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. UBS boosted their price objective on Teradata from $24.00 to $30.00 and gave the company a “sell” rating in a research report on Thursday, November 9th. Morgan Stanley boosted their price objective on Teradata from $29.00 to $31.00 and gave the company an “underweight” rating in a research report on Friday, November 3rd. BMO Capital Markets boosted their price objective on Teradata from $32.00 to $40.00 and gave the company a “market perform” rating in a research report on Friday, November 3rd. Finally, Mizuho upped their price target on Teradata from $26.00 to $32.00 and gave the stock an “underperform” rating in a research report on Thursday, November 2nd. Five analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $31.75.
Teradata Corporation (NYSE:TDC) traded up $0.15 during trading hours on Friday, reaching $37.53. The company’s stock had a trading volume of 1,222,000 shares, compared to its average volume of 1,621,660. Teradata Corporation has a 52-week low of $26.55 and a 52-week high of $38.69. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69. The firm has a market cap of $4,522.98, a P/E ratio of 33.38, a P/E/G ratio of 7.74 and a beta of 1.26.
Teradata (NYSE:TDC) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Teradata had a return on equity of 16.47% and a net margin of 3.01%. The firm had revenue of $526.00 million during the quarter, compared to the consensus estimate of $511.23 million. During the same quarter in the prior year, the firm posted $0.69 EPS. The business’s revenue was down 4.7% on a year-over-year basis. research analysts forecast that Teradata Corporation will post 0.91 EPS for the current year.
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Teradata Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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