CX Institutional Has $12.16 Million Position in Teradata Corporation $TDC

CX Institutional boosted its holdings in shares of Teradata Corporation (NYSE:TDC) by 8.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 350,870 shares of the technology company’s stock after acquiring an additional 27,688 shares during the quarter. CX Institutional’s holdings in Teradata were worth $12,158,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TDC. Royal Bank of Canada increased its stake in shares of Teradata by 76.0% during the 1st quarter. Royal Bank of Canada now owns 330,801 shares of the technology company’s stock worth $7,436,000 after purchasing an additional 142,813 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Teradata by 89.4% in the 1st quarter. Millennium Management LLC now owns 202,864 shares of the technology company’s stock valued at $4,560,000 after purchasing an additional 95,777 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Teradata by 22.6% in the 1st quarter. NewEdge Advisors LLC now owns 11,090 shares of the technology company’s stock valued at $249,000 after purchasing an additional 2,048 shares during the last quarter. Creative Planning boosted its holdings in Teradata by 52.8% in the second quarter. Creative Planning now owns 18,274 shares of the technology company’s stock worth $408,000 after purchasing an additional 6,314 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Teradata by 7.2% during the second quarter. Cetera Investment Advisers now owns 10,991 shares of the technology company’s stock worth $245,000 after buying an additional 736 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Performance

Shares of NYSE TDC opened at $32.20 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.85. The business’s 50 day moving average is $32.51 and its two-hundred day moving average is $30.13. The company has a market cap of $3.03 billion, a P/E ratio of 7.39, a P/E/G ratio of 2.28 and a beta of 0.60. Teradata Corporation has a 12 month low of $19.96 and a 12 month high of $41.78.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.11. Teradata had a return on equity of 57.44% and a net margin of 24.93%.The company had revenue of $444.00 million during the quarter, compared to analyst estimates of $430.10 million. During the same period in the previous year, the company earned $0.66 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, equities analysts expect that Teradata Corporation will post 1.78 EPS for the current year.

Insider Buying and Selling

In related news, CRO Richard J. Petley sold 34,317 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $30.84, for a total transaction of $1,058,336.28. Following the transaction, the executive owned 207,627 shares of the company’s stock, valued at approximately $6,403,216.68. The trade was a 14.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Timothy C. K. Chou sold 5,657 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $33.72, for a total transaction of $190,754.04. Following the transaction, the director owned 39,210 shares of the company’s stock, valued at approximately $1,322,161.20. The trade was a 12.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 77,201 shares of company stock valued at $2,486,235. 0.96% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TDC shares. Zacks Research lowered Teradata from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradata in a research note on Wednesday, June 24th. Citigroup reissued a “buy” rating on shares of Teradata in a report on Wednesday, July 29th. Citizens Jmp reissued a “market outperform” rating and issued a $49.00 price objective on shares of Teradata in a research note on Wednesday, June 10th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $34.00 target price on shares of Teradata in a report on Thursday, July 16th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $35.56.

Teradata Company Profile

Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.

Central to Teradata’s product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.