Victory Capital Management Inc. Has $4.06 Million Stock Position in Teradata Co. (NYSE:TDC)

Victory Capital Management Inc. boosted its holdings in Teradata Co. (NYSE:TDC) by 2.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,783 shares of the technology company’s stock after buying an additional 2,579 shares during the quarter. Victory Capital Management Inc. owned approximately 0.14% of Teradata worth $4,059,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Teradata by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock valued at $457,898,000 after purchasing an additional 377,761 shares in the last quarter. Lynrock Lake LP boosted its position in Teradata by 9.9% in the second quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock valued at $230,400,000 after buying an additional 600,000 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Teradata by 60.9% during the second quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock worth $73,827,000 after buying an additional 808,691 shares during the last quarter. Pacer Advisors Inc. increased its holdings in shares of Teradata by 27.5% during the second quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company’s stock worth $58,827,000 after buying an additional 367,641 shares in the last quarter. Finally, Boston Trust Walden Corp lifted its stake in shares of Teradata by 14.5% in the 2nd quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company’s stock valued at $57,834,000 after acquiring an additional 212,359 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was 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 directly owns 121,382 shares in the company, valued at $3,341,646.46. This trade represents a 10.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Margaret A. Treese sold 5,500 shares of the company’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 value of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 5.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Teradata Trading Up 1.1 %

NYSE:TDC opened at $30.70 on Friday. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The firm’s fifty day moving average is $30.54 and its 200-day moving average is $31.03. The firm has a market cap of $2.94 billion, a P/E ratio of 36.55, a P/E/G ratio of 2.90 and a beta of 0.80.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. JMP Securities cut Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Northland Securities cut their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. UBS Group boosted their target price on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Finally, Barclays dropped their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $39.91.

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.