Teradata Corporation (TDC) Holdings Cut by Prudential Financial Inc.

Prudential Financial Inc. decreased its stake in shares of Teradata Corporation (NYSE:TDC) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,890 shares of the technology company’s stock after selling 1,530 shares during the quarter. Prudential Financial Inc. owned about 0.06% of Teradata worth $2,733,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TDC. ETF Managers Group LLC acquired a new position in Teradata during the 2nd quarter valued at approximately $130,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Teradata by 9.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,183 shares of the technology company’s stock valued at $153,000 after purchasing an additional 469 shares in the last quarter. GW Henssler & Associates Ltd. acquired a new position in Teradata during the 2nd quarter valued at approximately $202,000. PNC Financial Services Group Inc. increased its stake in Teradata by 0.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,236 shares of the technology company’s stock valued at $213,000 after purchasing an additional 31 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its stake in Teradata by 20.9% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 7,819 shares of the technology company’s stock valued at $231,000 after purchasing an additional 1,354 shares in the last quarter. Institutional investors and hedge funds own 97.94% of the company’s stock.

A number of research analysts have issued reports on the stock. BidaskClub lowered shares of Teradata from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $32.00 price objective on shares of Teradata in a report on Monday, August 14th. Mizuho upped their price objective on shares of Teradata from $26.00 to $32.00 and gave the company an “underperform” rating in a report on Thursday, November 2nd. Deutsche Bank upped their price objective on shares of Teradata from $30.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, October 24th. Finally, Summit Redstone raised shares of Teradata from a “hold” rating to a “buy” rating in a report on Monday, November 13th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. Teradata currently has an average rating of “Hold” and a consensus price target of $31.75.

Teradata Corporation (NYSE:TDC) traded down $0.28 during mid-day trading on Monday, hitting $37.73. 1,555,100 shares of the stock traded hands, compared to its average volume of 1,622,676. The stock has a market cap of $4,565.33, a P/E ratio of 33.69, a P/E/G ratio of 7.81 and a beta of 1.26. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.61 and a quick ratio of 1.56. Teradata Corporation has a fifty-two week low of $26.27 and a fifty-two week high of $38.20.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.17. Teradata had a net margin of 3.01% and a return on equity of 16.47%. The firm had revenue of $526.00 million for the quarter, compared to the consensus estimate of $511.23 million. During the same period in the prior year, the firm posted $0.69 earnings per share. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. equities analysts forecast that Teradata Corporation will post 0.91 earnings per share for the current year.

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Teradata 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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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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