Amundi Sells 1,511 Shares of Teradata Co. (NYSE:TDC)

Amundi lessened its holdings in shares of Teradata Co. (NYSE:TDC) by 5.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,707 shares of the technology company’s stock after selling 1,511 shares during the period. Amundi’s holdings in Teradata were worth $769,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Victory Capital Management Inc. boosted its holdings in Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock worth $35,110,000 after buying an additional 993,358 shares during the period. Pacer Advisors Inc. grew its holdings in Teradata by 21.7% during the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after buying an additional 369,123 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Teradata by 73.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock valued at $23,951,000 after buying an additional 324,442 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Teradata by 87.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 348,127 shares of the technology company’s stock valued at $10,844,000 after buying an additional 161,957 shares during the period. Finally, Clark Estates Inc. NY purchased a new stake in shares of Teradata in the third quarter worth about $3,340,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of NYSE TDC opened at $23.32 on Thursday. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 6.23 and a beta of 0.75. The stock’s 50-day moving average is $27.34 and its 200 day moving average is $29.51. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Teradata Co. has a 1-year low of $21.80 and a 1-year high of $39.70.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, sell-side analysts anticipate that Teradata Co. will post 1.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on TDC shares. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 13th. Evercore ISI lowered their price objective on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Royal Bank of Canada reduced their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Finally, Guggenheim cut their price objective on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Teradata currently has an average rating of “Hold” and a consensus price target of $34.40.

Teradata Company 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.