Mason Street Advisors LLC Raises Position in Teradata Co. (TDC)

Mason Street Advisors LLC boosted its holdings in Teradata Co. (NYSE:TDC) by 0.7% during the first quarter, Holdings Channel reports. The fund owned 62,377 shares of the technology company’s stock after acquiring an additional 464 shares during the period. Mason Street Advisors LLC’s holdings in Teradata were worth $2,723,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Menta Capital LLC acquired a new stake in Teradata in the 4th quarter valued at about $233,000. Texas Permanent School Fund grew its stake in Teradata by 3.2% in the 4th quarter. Texas Permanent School Fund now owns 77,349 shares of the technology company’s stock valued at $2,967,000 after acquiring an additional 2,411 shares during the last quarter. Piedmont Investment Advisors Inc. grew its stake in Teradata by 50.3% in the 4th quarter. Piedmont Investment Advisors Inc. now owns 9,229 shares of the technology company’s stock valued at $354,000 after acquiring an additional 3,090 shares during the last quarter. Prudential Financial Inc. grew its stake in Teradata by 346.3% in the 4th quarter. Prudential Financial Inc. now owns 341,900 shares of the technology company’s stock valued at $13,115,000 after acquiring an additional 265,284 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in Teradata by 3,695.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,813,738 shares of the technology company’s stock valued at $47,000 after acquiring an additional 1,765,956 shares during the last quarter. 97.08% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently commented on TDC. Cowen increased their price objective on shares of Teradata from $51.00 to $55.00 and gave the company an “outperform” rating in a research note on Monday, February 11th. ValuEngine raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 28th. Zacks Investment Research raised shares of Teradata from a “sell” rating to a “hold” rating in a research note on Thursday, April 11th. BMO Capital Markets reissued a “market perform” rating and issued a $45.00 price objective (up from $40.00) on shares of Teradata in a research note on Friday, February 8th. Finally, TheStreet lowered shares of Teradata from a “b-” rating to a “c” rating in a report on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. Teradata presently has an average rating of “Hold” and a consensus price target of $48.13.

In related news, CFO Mark Culhane acquired 1,400 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were acquired at an average cost of $39.35 per share, for a total transaction of $55,090.00. Following the acquisition, the chief financial officer now directly owns 57,485 shares in the company, valued at approximately $2,262,034.75. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Lisa R. Bacus sold 12,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $48.04, for a total transaction of $576,480.00. Following the transaction, the director now owns 22,486 shares in the company, valued at $1,080,227.44. The disclosure for this sale can be found here. 1.12% of the stock is currently owned by corporate insiders.

NYSE:TDC opened at $35.74 on Wednesday. The stock has a market capitalization of $4.19 billion, a price-to-earnings ratio of 40.61, a PEG ratio of 2.82 and a beta of 0.97. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.37 and a current ratio of 1.42. Teradata Co. has a 12-month low of $34.06 and a 12-month high of $49.42.

Teradata (NYSE:TDC) last released its earnings results on Thursday, May 2nd. The technology company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.02. The company had revenue of $468.00 million for the quarter, compared to analyst estimates of $487.57 million. Teradata had a net margin of 1.27% and a return on equity of 20.91%. The firm’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 EPS. Analysts forecast that Teradata Co. will post 0.99 earnings per share for the current year.

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About Teradata

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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