LS Investment Advisors LLC lessened its stake in shares of Teradata Co. (NYSE:TDC) by 24.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,480 shares of the technology company’s stock after selling 2,437 shares during the period. LS Investment Advisors LLC’s holdings in Teradata were worth $288,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. bought a new stake in Teradata during the fourth quarter worth about $207,000. PNC Financial Services Group Inc. increased its position in Teradata by 0.4% during the second 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. Commerce Bank acquired a new position in Teradata during the third quarter worth approximately $223,000. Price Capital Management Inc. acquired a new position in Teradata during the fourth quarter worth approximately $242,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Teradata by 43.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,439 shares of the technology company’s stock worth $286,000 after buying an additional 2,256 shares during the last quarter. Institutional investors and hedge funds own 97.94% of the company’s stock.
A number of equities analysts have weighed in on TDC shares. Zacks Investment Research downgraded Teradata from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Mizuho reissued an “underperform” rating and set a $32.00 price target (up previously from $26.00) on shares of Teradata in a research report on Wednesday, November 1st. Morgan Stanley raised Teradata from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $31.00 to $40.00 in a research report on Tuesday, January 23rd. UBS Group boosted their price target on Teradata from $24.00 to $30.00 and gave the stock a “sell” rating in a research report on Thursday, November 9th. Finally, Cowen raised Teradata from a “market perform” rating to an “outperform” rating in a research report on Friday, February 2nd. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $34.82.
Teradata Co. (NYSE TDC) opened at $36.71 on Tuesday. Teradata Co. has a 12-month low of $27.05 and a 12-month high of $42.74. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.65 and a quick ratio of 1.62. The company has a market capitalization of $4,441.91, a P/E ratio of -65.55, a PEG ratio of 11.48 and a beta of 1.24.
Teradata (NYSE:TDC) last posted its earnings results on Thursday, February 8th. The technology company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.40 by $0.18. Teradata had a positive return on equity of 15.54% and a negative net margin of 3.11%. The company had revenue of $626.00 million for the quarter, compared to the consensus estimate of $610.50 million. During the same quarter in the prior year, the business earned $0.67 earnings per share. The firm’s revenue for the quarter was up .0% on a year-over-year basis. sell-side analysts expect that Teradata Co. will post 1.07 EPS for the current fiscal year.
Teradata announced that its Board of Directors has initiated a share buyback program on Thursday, February 8th that authorizes the company to buyback $310.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.
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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