Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $2.61 Million Holdings in Teradata Co. (NYSE:TDC)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Teradata Co. (NYSE:TDC) by 6.6% during the second quarter, HoldingsChannel.com reports. The fund owned 48,871 shares of the technology company’s stock after purchasing an additional 3,020 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Teradata were worth $2,610,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TDC. Point72 Asset Management L.P. bought a new position in Teradata during the 4th quarter worth approximately $59,279,000. Ameriprise Financial Inc. boosted its stake in Teradata by 21.0% during the 1st quarter. Ameriprise Financial Inc. now owns 7,731,175 shares of the technology company’s stock worth $311,412,000 after acquiring an additional 1,342,494 shares during the last quarter. Norges Bank bought a new position in Teradata during the 4th quarter worth approximately $41,629,000. Los Angeles Capital Management LLC bought a new position in Teradata during the 1st quarter worth approximately $49,344,000. Finally, Victory Capital Management Inc. boosted its stake in Teradata by 3,334.2% during the 2nd quarter. Victory Capital Management Inc. now owns 797,426 shares of the technology company’s stock worth $42,591,000 after acquiring an additional 774,206 shares during the last quarter. Institutional investors own 91.02% of the company’s stock.

Teradata Price Performance

NYSE TDC opened at $47.48 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 4.56. Teradata Co. has a 12-month low of $31.46 and a 12-month high of $57.73. The company has a market capitalization of $4.64 billion, a PE ratio of 77.84, a price-to-earnings-growth ratio of 2.46 and a beta of 0.99. The firm’s 50 day moving average is $44.83 and its 200-day moving average is $47.69.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 6th. The technology company reported $0.42 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.42. The business had revenue of $438.00 million for the quarter, compared to the consensus estimate of $435.84 million. Teradata had a net margin of 3.39% and a return on equity of 39.28%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.10 earnings per share. Equities research analysts anticipate that Teradata Co. will post 1.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Stephen Mcmillan sold 7,500 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $44.39, for a total transaction of $332,925.00. Following the transaction, the chief executive officer now directly owns 517,997 shares in the company, valued at $22,993,886.83. The sale was disclosed in a filing with the SEC, which is available through this link. In other Teradata news, CEO Stephen Mcmillan sold 7,500 shares of Teradata stock in a transaction on Monday, September 11th. The shares were sold at an average price of $44.39, for a total transaction of $332,925.00. Following the completion of the transaction, the chief executive officer now directly owns 517,997 shares of the company’s stock, valued at $22,993,886.83. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Hillary Ashton sold 1,833 shares of Teradata stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $45.29, for a total transaction of $83,016.57. Following the transaction, the insider now directly owns 112,883 shares of the company’s stock, valued at $5,112,471.07. The disclosure for this sale can be found here. Over the last three months, insiders have sold 30,316 shares of company stock worth $1,395,176. Insiders own 0.92% of the company’s stock.

Analyst Upgrades and Downgrades

TDC has been the topic of several recent analyst reports. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 5th. Craig Hallum raised their target price on shares of Teradata from $50.00 to $66.00 and gave the stock a “buy” rating in a report on Tuesday, August 8th. TheStreet downgraded shares of Teradata from a “b-” rating to a “c+” rating in a report on Thursday, August 17th. Northland Securities dropped their target price on shares of Teradata from $67.00 to $61.00 and set an “outperform” rating on the stock in a report on Wednesday, October 4th. Finally, Morgan Stanley raised their target price on shares of Teradata from $51.00 to $74.00 and gave the stock an “overweight” rating in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.67.

Teradata Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that allows companies to leverage their data across an enterprise, as well as connects various sources of data to drive ecosystem simplification and support customers on their journey to the cloud through an integrated migration.