Chicago Equity Partners LLC boosted its position in shares of Teradata Corp. (NYSE:TDC) by 5.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,080 shares of the company’s stock after buying an additional 3,850 shares during the period. Chicago Equity Partners LLC’s holdings in Teradata Corp. were worth $1,782,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. NN Investment Partners Holdings N.V. purchased a new stake in Teradata Corp. during the first quarter worth about $136,000. Creative Planning raised its stake in Teradata Corp. by 1.4% in the second quarter. Creative Planning now owns 5,965 shares of the company’s stock worth $150,000 after buying an additional 82 shares in the last quarter. ING Groep NV purchased a new stake in Teradata Corp. during the first quarter worth about $201,000. Simmons Bank purchased a new stake in Teradata Corp. during the first quarter worth about $325,000. Finally, Daiwa Securities Group Inc. raised its stake in Teradata Corp. by 345.7% in the second quarter. Daiwa Securities Group Inc. now owns 15,600 shares of the company’s stock worth $391,000 after buying an additional 12,100 shares in the last quarter. Institutional investors own 99.45% of the company’s stock.
Shares of Teradata Corp. (NYSE:TDC) traded up 0.72% during trading on Tuesday, hitting $29.50. 1,276,680 shares of the stock traded hands. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 83.33 and a beta of 1.33. The firm’s 50-day moving average price is $30.41 and its 200-day moving average price is $28.30. Teradata Corp. has a 52 week low of $21.98 and a 52 week high of $33.09.
Teradata Corp. (NYSE:TDC) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.11. Teradata Corp. had a return on equity of 32.66% and a net margin of 5.55%. The company earned $599 million during the quarter, compared to analyst estimates of $560.67 million. During the same period in the previous year, the company earned $0.53 earnings per share. The company’s quarterly revenue was down 3.9% compared to the same quarter last year. On average, equities research analysts anticipate that Teradata Corp. will post $2.44 earnings per share for the current year.
A number of analysts recently issued reports on TDC shares. William Blair restated a “market perform” rating on shares of Teradata Corp. in a research note on Friday, September 16th. Credit Agricole SA restated an “underperform” rating on shares of Teradata Corp. in a research note on Monday, August 15th. Mizuho restated a “neutral” rating and issued a $28.00 price target on shares of Teradata Corp. in a research note on Tuesday, August 23rd. Zacks Investment Research lowered shares of Teradata Corp. from a “hold” rating to a “sell” rating in a research note on Monday, July 18th. Finally, Cowen and Company restated a “market perform” rating and issued a $32.00 price target on shares of Teradata Corp. in a research note on Tuesday, September 13th. Five investment analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $26.50.
In other news, EVP Oliver Ratzesberger sold 2,015 shares of the company’s stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $31.62, for a total transaction of $63,714.30. Following the completion of the transaction, the executive vice president now directly owns 37,468 shares in the company, valued at $1,184,738.16. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Nancy E. Cooper sold 1,840 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $31.06, for a total value of $57,150.40. Following the transaction, the director now owns 35,157 shares of the company’s stock, valued at $1,091,976.42. The disclosure for this sale can be found here. Insiders own 2.64% of the company’s stock.
Teradata Corp. Company Profile
Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. It operates in two segments: data and analytics, and marketing applications.
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