Ontario Teachers Pension Plan Board Has $3.29 Million Holdings in Teradata Co. (NYSE:TDC)

Ontario Teachers Pension Plan Board grew its position in Teradata Co. (NYSE:TDCFree Report) by 10.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,613 shares of the technology company’s stock after purchasing an additional 7,364 shares during the period. Ontario Teachers Pension Plan Board owned about 0.08% of Teradata worth $3,290,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TDC. Orion Portfolio Solutions LLC increased its holdings in shares of Teradata by 3.5% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,583 shares of the technology company’s stock valued at $341,000 after acquiring an additional 259 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of Teradata by 6.8% during the 3rd quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock valued at $195,000 after acquiring an additional 276 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of Teradata by 4.5% during the 4th quarter. HB Wealth Management LLC now owns 6,488 shares of the technology company’s stock valued at $282,000 after acquiring an additional 280 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Teradata by 3.4% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company’s stock valued at $399,000 after acquiring an additional 305 shares during the last quarter. Finally, Gotham Asset Management LLC increased its holdings in shares of Teradata by 3.4% during the 3rd quarter. Gotham Asset Management LLC now owns 9,538 shares of the technology company’s stock valued at $429,000 after acquiring an additional 311 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TDC has been the topic of a number of analyst reports. Bank of America lowered Teradata from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $48.00 to $39.00 in a report on Tuesday, May 7th. JMP Securities lowered their target price on Teradata from $72.00 to $60.00 and set a “market outperform” rating on the stock in a report on Tuesday, May 7th. Evercore ISI reduced their price objective on Teradata from $58.00 to $46.00 and set an “outperform” rating for the company in a research report on Tuesday, May 7th. Royal Bank of Canada reduced their price objective on Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 7th. Finally, StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $49.90.

Get Our Latest Research Report on Teradata

Teradata Trading Down 0.4 %

TDC stock traded down $0.13 during midday trading on Thursday, hitting $32.87. 94,570 shares of the company’s stock were exchanged, compared to its average volume of 1,100,318. The stock’s fifty day moving average price is $36.65 and its 200-day moving average price is $41.48. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78. The company has a market cap of $3.18 billion, a PE ratio of 78.58, a price-to-earnings-growth ratio of 2.26 and a beta of 0.95. Teradata Co. has a one year low of $31.61 and a one year high of $57.73.

Teradata (NYSE:TDCGet Free Report) last posted its earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The firm had revenue of $465.00 million for the quarter, compared to analyst estimates of $461.93 million. Teradata had a return on equity of 70.34% and a net margin of 2.31%. The company’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 earnings per share. Research analysts predict that Teradata Co. will post 1.14 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Hillary Ashton sold 9,743 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the sale, the insider now directly owns 156,704 shares in the company, valued at $5,868,564.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $37.45, for a total transaction of $364,875.35. Following the sale, the insider now owns 156,704 shares in the company, valued at $5,868,564.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael D. Hutchinson sold 18,500 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $32.96, for a total value of $609,760.00. Following the sale, the insider now owns 55,190 shares in the company, valued at approximately $1,819,062.40. The disclosure for this sale can be found here. Insiders have sold a total of 54,518 shares of company stock worth $1,961,787 over the last three months. Corporate insiders own 0.92% of the company’s stock.

Teradata Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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