Teradata Co. (TDC) Stake Lessened by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. decreased its position in Teradata Co. (NYSE:TDC) by 25.4% in the 4th quarter, HoldingsChannel reports. The fund owned 28,800 shares of the technology company’s stock after selling 9,800 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in Teradata were worth $1,108,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TDC. JPMorgan Chase & Co. grew its stake in shares of Teradata by 145.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 319,477 shares of the technology company’s stock worth $9,421,000 after acquiring an additional 189,127 shares in the last quarter. Teachers Advisors LLC grew its stake in shares of Teradata by 100.4% in the 2nd quarter. Teachers Advisors LLC now owns 617,919 shares of the technology company’s stock worth $18,222,000 after acquiring an additional 309,546 shares in the last quarter. TIAA CREF Investment Management LLC grew its stake in shares of Teradata by 28.5% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,365,732 shares of the technology company’s stock worth $40,275,000 after acquiring an additional 302,838 shares in the last quarter. Nationwide Fund Advisors grew its stake in shares of Teradata by 76.7% in the 2nd quarter. Nationwide Fund Advisors now owns 412,927 shares of the technology company’s stock worth $12,177,000 after acquiring an additional 179,301 shares in the last quarter. Finally, BlackRock Inc. grew its stake in shares of Teradata by 42.6% in the 2nd quarter. BlackRock Inc. now owns 11,126,276 shares of the technology company’s stock worth $328,115,000 after acquiring an additional 3,324,754 shares in the last quarter.

Several analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Teradata from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Morgan Stanley upped their target price on shares of Teradata from $29.00 to $31.00 and gave the stock an “underweight” rating in a research note on Friday, November 3rd. BMO Capital Markets increased their price target on shares of Teradata from $32.00 to $40.00 and gave the company a “market perform” rating in a research report on Friday, November 3rd. UBS Group increased their price target on shares of Teradata from $24.00 to $30.00 and gave the company a “sell” rating in a research report on Thursday, November 9th. Finally, Summit Redstone upgraded shares of Teradata from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $33.00.

In other Teradata news, CFO Mark Culhane acquired 4,500 shares of the company’s stock in a transaction on Friday, December 1st. The shares were acquired at an average cost of $37.66 per share, with a total value of $169,470.00. Following the completion of the acquisition, the chief financial officer now directly owns 29,924 shares in the company, valued at $1,126,937.84. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.73% of the stock is owned by corporate insiders.

Teradata Co. (TDC) opened at $38.81 on Friday. The firm has a market cap of $4,696.01, a PE ratio of 34.65, a P/E/G ratio of 12.94 and a beta of 1.26. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69. Teradata Co. has a 1 year low of $27.05 and a 1 year high of $39.33.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.17. The company had revenue of $526.00 million during the quarter, compared to analyst estimates of $511.23 million. Teradata had a net margin of 3.01% and a return on equity of 16.47%. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.69 earnings per share. equities analysts forecast that Teradata Co. 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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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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