Cwm LLC Decreases Stock Holdings in Teradata Co. (NYSE:TDC)

Cwm LLC reduced its holdings in Teradata Co. (NYSE:TDC) by 39.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,110 shares of the technology company’s stock after selling 723 shares during the period. Cwm LLC’s holdings in Teradata were worth $48,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in TDC. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Teradata by 7.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,537 shares of the technology company’s stock valued at $284,000 after purchasing an additional 454 shares during the period. Calamos Advisors LLC lifted its position in Teradata by 17.2% in the fourth quarter. Calamos Advisors LLC now owns 18,400 shares of the technology company’s stock worth $801,000 after buying an additional 2,700 shares during the last quarter. Federated Hermes Inc. boosted its stake in Teradata by 616.4% during the fourth quarter. Federated Hermes Inc. now owns 617,653 shares of the technology company’s stock worth $26,874,000 after buying an additional 531,440 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Teradata by 28.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,253 shares of the technology company’s stock valued at $1,186,000 after acquiring an additional 6,031 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its holdings in shares of Teradata by 10.3% in the 4th quarter. Mackenzie Financial Corp now owns 161,550 shares of the technology company’s stock worth $7,029,000 after acquiring an additional 15,096 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Trading Up 0.6 %

Shares of NYSE TDC opened at $32.88 on Friday. Teradata Co. has a 1-year low of $31.61 and a 1-year high of $57.73. The business has a fifty day moving average price of $37.48 and a 200 day moving average price of $42.08. The stock has a market capitalization of $3.21 billion, a P/E ratio of 53.90, a price-to-earnings-growth ratio of 1.64 and a beta of 0.95. The company has a debt-to-equity ratio of 4.02, a current ratio of 0.87 and a quick ratio of 0.86.

Teradata (NYSE:TDC) last released its quarterly earnings results on Monday, May 6th. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The business had revenue of $465.00 million during the quarter, compared to analyst estimates of $461.93 million. During the same period in the prior year, the firm posted $0.40 earnings per share. The company’s quarterly revenue was down 2.3% on a year-over-year basis. Equities research analysts expect that Teradata Co. will post 1.27 EPS for the current fiscal year.

Insider Activity at Teradata

In other news, insider Hillary Ashton sold 9,743 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $37.45, for a total transaction of $364,875.35. Following the sale, the insider now owns 156,704 shares in the company, valued at $5,868,564.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the transaction, the insider now directly owns 156,704 shares of the company’s stock, valued at approximately $5,868,564.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Stephen Mcmillan sold 40,597 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total value of $1,551,617.34. Following the sale, the chief executive officer now owns 528,302 shares in the company, valued at approximately $20,191,702.44. The disclosure for this sale can be found here. Insiders have sold 76,615 shares of company stock valued at $2,903,644 in the last ninety days. Corporate insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on TDC. TD Cowen decreased their price objective on shares of Teradata from $46.00 to $40.00 and set a “hold” rating for the company in a research note on Tuesday. JMP Securities lowered their target price on shares of Teradata from $72.00 to $60.00 and set a “market outperform” rating for the company in a research note on Tuesday. Barclays reduced their price target on shares of Teradata from $39.00 to $35.00 and set an “underweight” rating on the stock in a research note on Tuesday. Bank of America cut shares of Teradata from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $48.00 to $39.00 in a research report on Tuesday. Finally, Morgan Stanley downgraded shares of Teradata from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $74.00 to $48.00 in a research note on Tuesday, February 13th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Teradata presently has an average rating of “Hold” and an average target price of $49.90.

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.