Teachers Advisors LLC raised its position in Teradata (NYSE:TDC) by 28.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,399,320 shares of the technology company’s stock after buying an additional 526,066 shares during the quarter. Teachers Advisors LLC owned about 1.98% of Teradata worth $92,278,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. boosted its position in Teradata by 259.2% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock worth $93,402,000 after buying an additional 1,994,620 shares during the period. Jennison Associates LLC acquired a new position in shares of Teradata during the 4th quarter valued at $24,693,000. OppenheimerFunds Inc. increased its stake in Teradata by 88.5% during the 4th quarter. OppenheimerFunds Inc. now owns 1,275,590 shares of the technology company’s stock valued at $49,058,000 after purchasing an additional 599,015 shares in the last quarter. APG Asset Management N.V. increased its stake in Teradata by 36.8% during the 4th quarter. APG Asset Management N.V. now owns 1,313,700 shares of the technology company’s stock valued at $42,076,000 after purchasing an additional 353,300 shares in the last quarter. Finally, Acadian Asset Management LLC increased its stake in Teradata by 309.5% during the 4th quarter. Acadian Asset Management LLC now owns 447,548 shares of the technology company’s stock valued at $17,212,000 after purchasing an additional 338,255 shares in the last quarter. 97.94% of the stock is currently owned by hedge funds and other institutional investors.
NYSE TDC opened at $39.37 on Friday. The company has a market cap of $4,861.70, a PE ratio of 48.60, a P/E/G ratio of 12.46 and a beta of 1.18. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.62 and a current ratio of 1.65. Teradata has a fifty-two week low of $27.05 and a fifty-two week high of $42.84.
Teradata (NYSE:TDC) last issued its earnings results on Thursday, February 8th. The technology company reported $0.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.18. The business had revenue of $626.00 million during the quarter, compared to analysts’ expectations of $610.50 million. Teradata had a positive return on equity of 15.54% and a negative net margin of 3.11%. The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 EPS. equities analysts expect that Teradata will post 1.07 earnings per share for the current year.
Teradata announced that its Board of Directors has approved a stock repurchase plan on Thursday, February 8th that allows the company to repurchase $310.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
In other news, General Counsel Laura K. Nyquist sold 52,379 shares of the stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $41.52, for a total value of $2,174,776.08. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director James M. Ringler sold 7,496 shares of the firm’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $41.85, for a total value of $313,707.60. The disclosure for this sale can be found here. Insiders have sold a total of 67,371 shares of company stock valued at $2,761,638 over the last 90 days. 1.22% of the stock is currently owned by company insiders.
A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets increased their price target on shares of Teradata from $40.00 to $42.00 and gave the stock a “market perform” rating in a report on Friday, February 9th. Zacks Investment Research lowered Teradata from a “hold” rating to a “sell” rating in a research note on Monday, February 12th. Sanford C. Bernstein raised Teradata from an “underperform” rating to a “market perform” rating in a research report on Monday, March 5th. Bank of America reduced their price target on Teradata from $48.00 to $45.00 and set a “buy” rating for the company in a report on Friday, February 9th. Finally, ValuEngine upgraded Teradata from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $34.82.
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Teradata Company Profile
Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.
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