Public Employees Retirement System of Ohio Decreases Holdings in Teradata Co. (NYSE:TDC)

Public Employees Retirement System of Ohio trimmed its position in shares of Teradata Co. (NYSE:TDC) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,204 shares of the technology company’s stock after selling 1,525 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Teradata were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Crewe Advisors LLC purchased a new position in Teradata in the second quarter worth about $26,000. Point72 Asset Management L.P. purchased a new stake in shares of Teradata during the 3rd quarter valued at about $27,000. GAMMA Investing LLC lifted its stake in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares during the period. Brooklyn Investment Group purchased a new position in shares of Teradata in the third quarter worth approximately $32,000. Finally, Allworth Financial LP grew its position in Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after buying an additional 569 shares during the period. Institutional investors own 90.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on TDC shares. Evercore ISI increased their price target on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Northland Securities decreased their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $32.00 price target on shares of Teradata in a report on Tuesday, November 5th. Barclays upped their price target on Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a research report on Friday, December 6th. Finally, UBS Group lifted their price objective on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Three equities 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’s stock. Based on data from MarketBeat.com, Teradata presently has an average rating of “Hold” and an average price target of $40.00.

Teradata Stock Up 1.9 %

Shares of TDC opened at $32.23 on Friday. The business’s 50 day moving average is $31.38 and its 200 day moving average is $30.90. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. Teradata Co. has a 12-month low of $24.02 and a 12-month high of $49.44. The company has a market capitalization of $3.08 billion, a PE ratio of 38.37, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79.

Teradata (NYSE:TDC) last released its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter last year, the business posted $0.14 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year. Research analysts expect that Teradata Co. will post 1.41 earnings per share for the current fiscal year.

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.