Teradata Co. (NYSE:TDC) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its holdings in Teradata Co. (NYSE:TDC) by 48.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,044 shares of the technology company’s stock after acquiring an additional 12,689 shares during the period. SG Americas Securities LLC’s holdings in Teradata were worth $1,699,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TDC. Private Advisor Group LLC purchased a new stake in Teradata in the first quarter valued at approximately $231,000. Natixis Advisors L.P. raised its position in Teradata by 46.7% in the first quarter. Natixis Advisors L.P. now owns 21,282 shares of the technology company’s stock valued at $1,049,000 after purchasing an additional 6,779 shares during the period. Bank of Montreal Can raised its position in Teradata by 21.1% in the first quarter. Bank of Montreal Can now owns 10,977 shares of the technology company’s stock valued at $546,000 after purchasing an additional 1,916 shares during the period. Rhumbline Advisers raised its position in Teradata by 0.3% in the first quarter. Rhumbline Advisers now owns 302,170 shares of the technology company’s stock valued at $14,894,000 after purchasing an additional 947 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Teradata by 10.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 39,764 shares of the technology company’s stock worth $1,960,000 after acquiring an additional 3,791 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Performance

NYSE TDC opened at $38.67 on Friday. 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 Co. has a 1 year low of $36.72 and a 1 year high of $57.73. The company has a market capitalization of $3.77 billion, a PE ratio of 63.39, a P/E/G ratio of 1.71 and a beta of 0.94. The company has a fifty day moving average of $41.41 and a two-hundred day moving average of $43.71.

Teradata (NYSE:TDC) last announced its earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.05. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The business had revenue of $457.00 million during the quarter, compared to the consensus estimate of $455.84 million. During the same quarter in the prior year, the firm earned $0.05 earnings per share. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. As a group, analysts expect that Teradata Co. will post 1.27 earnings per share for the current year.

Insider Activity at Teradata

In related news, insider Hillary Ashton sold 9,743 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of 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 SEC, which is available through the SEC website. In related news, insider Hillary Ashton sold 9,743 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of 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 SEC, which is available through the SEC website. Also, CRO Todd Cione sold 29,251 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $43.31, for a total transaction of $1,266,860.81. Following the completion of the sale, the executive now owns 76,221 shares of the company’s stock, valued at approximately $3,301,131.51. The disclosure for this sale can be found here. Insiders sold a total of 105,866 shares of company stock worth $4,170,505 over the last 90 days. Company insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TDC shares. Morgan Stanley lowered Teradata from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $74.00 to $48.00 in a research report on Tuesday, February 13th. StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 13th. Royal Bank of Canada dropped their target price on Teradata from $59.00 to $48.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 13th. Bank of America lowered Teradata from a “buy” rating to a “neutral” rating and dropped their target price for the company from $58.00 to $48.00 in a report on Tuesday, February 13th. Finally, Barclays dropped their target price on Teradata from $46.00 to $43.00 and set an “underweight” rating on the stock in a report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $57.30.

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.