Vanguard Group Inc. Cuts Stake in Teradata Co. (NYSE:TDC)

Vanguard Group Inc. trimmed its position in Teradata Co. (NYSE:TDC) by 0.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,046,510 shares of the technology company’s stock after selling 105,890 shares during the quarter. Vanguard Group Inc. owned about 0.14% of Teradata worth $406,399,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. UNICOM Systems Inc. purchased a new position in shares of Teradata in the fourth quarter valued at approximately $3,162,000. Unified Investment Management purchased a new position in Teradata in the 4th quarter valued at $932,000. Victory Capital Management Inc. boosted its stake in Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock worth $35,110,000 after purchasing an additional 993,358 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Teradata by 127.6% during the third quarter. BNP Paribas Financial Markets now owns 112,049 shares of the technology company’s stock worth $3,400,000 after buying an additional 62,826 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Teradata by 210.2% in the fourth quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company’s stock valued at $80,000 after buying an additional 1,747 shares during the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TDC has been the subject of several research reports. Guggenheim dropped their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Barclays dropped their price target on Teradata from $30.00 to $25.00 and set an “underweight” 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. 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 note on Wednesday, February 12th. Finally, Royal Bank of Canada cut their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $34.40.

Teradata Trading Up 0.7 %

NYSE TDC opened at $22.92 on Thursday. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The stock has a market capitalization of $2.17 billion, a P/E ratio of 19.59, a PEG ratio of 6.23 and a beta of 0.75. The firm’s 50-day moving average is $25.79 and its two-hundred day moving average is $29.19. Teradata Co. has a 12 month low of $21.80 and a 12 month high of $38.99.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate 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 earnings per share for the current year.

About Teradata

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.