Global X MANAGEMENT CO LLC boosted its holdings in shares of Teradata Corporation (NYSE:TDC) by 16.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,689 shares of the technology company’s stock after buying an additional 1,535 shares during the quarter. Global X MANAGEMENT CO LLC’s holdings in Teradata Corporation were worth $361,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of TDC. ETF Managers Group LLC purchased a new position in Teradata Corporation during the 2nd quarter worth approximately $130,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Teradata Corporation by 9.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,183 shares of the technology company’s stock worth $153,000 after buying an additional 469 shares during the last quarter. GW Henssler & Associates Ltd. purchased a new position in Teradata Corporation during the 2nd quarter worth approximately $202,000. PNC Financial Services Group Inc. raised its position in Teradata Corporation by 0.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,236 shares of the technology company’s stock worth $213,000 after buying an additional 31 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI raised its position in Teradata Corporation by 20.9% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 7,819 shares of the technology company’s stock worth $231,000 after buying an additional 1,354 shares during the last quarter.
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Teradata Corporation (NYSE:TDC) last issued its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.12 by $0.17. The company had revenue of $526.00 million during the quarter, compared to analyst estimates of $511.23 million. Teradata Corporation had a net margin of 3.01% and a return on equity of 16.47%. The firm’s revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 EPS. sell-side analysts anticipate that Teradata Corporation will post 0.91 earnings per share for the current year.
A number of research firms have issued reports on TDC. Stifel Nicolaus reissued a “hold” rating and set a $32.00 price target on shares of Teradata Corporation in a research report on Monday, August 14th. BidaskClub lowered shares of Teradata Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Needham & Company LLC began coverage on shares of Teradata Corporation in a research report on Monday, September 11th. They set a “hold” rating for the company. Summit Redstone raised shares of Teradata Corporation from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. Finally, BMO Capital Markets raised their price target on shares of Teradata Corporation from $30.00 to $32.00 and gave the stock a “market perform” rating in a research report on Friday, July 28th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $31.78.
Teradata Corporation Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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