Teradata Co. (NYSE:TDC) Shares Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D grew its stake in shares of Teradata Co. (NYSE:TDC) by 20.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 70,590 shares of the technology company’s stock after purchasing an additional 12,031 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.07% of Teradata worth $2,142,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Crewe Advisors LLC purchased a new position in Teradata in the 2nd quarter worth approximately $26,000. GAMMA Investing LLC boosted its stake in shares of Teradata by 88.0% in the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after purchasing an additional 447 shares during the period. Hexagon Capital Partners LLC increased its stake in Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after buying an additional 507 shares during the period. Allworth Financial LP lifted its holdings in Teradata by 75.2% in the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after buying an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its position in Teradata by 2,934.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock valued at $44,000 after buying an additional 1,291 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TDC shares. TD Cowen dropped their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research report on Tuesday, August 6th. StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Morgan Stanley decreased their price target on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 6th. JMP Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Finally, Northland Securities decreased their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $39.91.

Teradata Stock Down 0.6 %

NYSE:TDC opened at $29.59 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The stock has a 50 day moving average of $30.30 and a 200-day moving average of $31.35. The firm has a market capitalization of $2.83 billion, a PE ratio of 35.23, a price-to-earnings-growth ratio of 2.89 and a beta of 0.80. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The firm had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. During the same period last year, the company earned $0.14 earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. Analysts predict that Teradata Co. will post 1.41 EPS for the current year.

Insider Buying and Selling at Teradata

In other news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. The trade was a 5.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 10.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by company insiders.

Teradata Profile

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.