Bokf Na Boosts Stock Position in Teradata Co. (NYSE:TDC)

Bokf Na grew its stake in shares of Teradata Co. (NYSE:TDC) by 2.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,824 shares of the technology company’s stock after acquiring an additional 1,259 shares during the period. Bokf Na’s holdings in Teradata were worth $1,760,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TDC. Norges Bank purchased a new stake in shares of Teradata during the fourth quarter worth $54,332,000. Ariel Investments LLC purchased a new stake in shares of Teradata in the first quarter worth $30,998,000. Federated Hermes Inc. raised its position in shares of Teradata by 616.4% in 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 in the last quarter. Vanguard Group Inc. raised its position in shares of Teradata by 3.3% in the first quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock worth $457,898,000 after buying an additional 377,761 shares in the last quarter. Finally, Hawk Ridge Capital Management LP purchased a new stake in shares of Teradata in the fourth quarter worth $7,368,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Insiders Place Their Bets

In other Teradata news, CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $31.95, for a total value of $319,500.00. Following the completion of the sale, the chief executive officer now owns 393,579 shares of the company’s stock, valued at approximately $12,574,849.05. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Teradata news, CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $31.95, for a total value of $319,500.00. Following the completion of the sale, the chief executive officer now owns 393,579 shares of the company’s stock, valued at approximately $12,574,849.05. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Michael D. Hutchinson sold 18,500 shares of Teradata stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $32.96, for a total transaction of $609,760.00. Following the completion of the sale, the insider now directly owns 55,190 shares of the company’s stock, valued at approximately $1,819,062.40. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by insiders.

Teradata Stock Up 1.4 %

Shares of TDC stock traded up $0.43 during trading hours on Friday, hitting $32.14. 814,444 shares of the company’s stock traded hands, compared to its average volume of 790,401. The stock’s fifty day simple moving average is $33.18 and its two-hundred day simple moving average is $37.55. Teradata Co. has a 12-month low of $30.51 and a 12-month high of $57.73. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 76.52, a PEG ratio of 2.18 and a beta of 0.83. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 9.83.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $465.00 million during the quarter, compared to the consensus estimate of $461.93 million. Teradata had a net margin of 2.31% and a return on equity of 70.34%. The firm’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.40 earnings per share. On average, analysts expect that Teradata Co. will post 1.15 EPS for the current year.

Analyst Ratings Changes

TDC has been the subject of a number of analyst reports. Royal Bank of Canada dropped their target price on shares of Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a report on Tuesday, May 7th. Bank of America lowered shares of Teradata from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $48.00 to $39.00 in a report on Tuesday, May 7th. JMP Securities dropped their target price on shares of Teradata from $72.00 to $60.00 and set a “market outperform” rating for the company in a report on Tuesday, May 7th. Guggenheim restated a “buy” rating and issued a $60.00 price objective on shares of Teradata in a report on Tuesday, June 25th. Finally, StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Teradata has a consensus rating of “Hold” and a consensus price target of $49.25.

Teradata 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.