Watershed Asset Management L.L.C. Invests $296,000 in Teradata Co. (NYSE:TDC)

Watershed Asset Management L.L.C. bought a new position in Teradata Co. (NYSE:TDC) during the 4th quarter, Holdings Channel.com reports. The firm bought 6,808 shares of the technology company’s stock, valued at approximately $296,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in TDC. CWM LLC grew its holdings in shares of Teradata by 108.1% in the third quarter. CWM LLC now owns 1,833 shares of the technology company’s stock worth $83,000 after purchasing an additional 952 shares during the last quarter. Ronald Blue Trust Inc. grew its holdings in shares of Teradata by 206.6% in the third quarter. Ronald Blue Trust Inc. now owns 1,772 shares of the technology company’s stock worth $80,000 after purchasing an additional 1,194 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Teradata by 1.7% in the third quarter. SG Americas Securities LLC now owns 26,355 shares of the technology company’s stock worth $1,187,000 after purchasing an additional 445 shares during the last quarter. Impact Partnership Wealth LLC bought a new position in shares of Teradata in the third quarter worth approximately $102,000. Finally, Xponance Inc. grew its holdings in shares of Teradata by 2.7% in the third quarter. Xponance Inc. now owns 23,460 shares of the technology company’s stock worth $1,056,000 after purchasing an additional 620 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.

Insider Transactions at Teradata

In other news, insider Kathleen R. Cullen-Cote sold 26,275 shares of Teradata stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the completion of the transaction, the insider now owns 127,595 shares of the company’s stock, valued at approximately $4,793,744.15. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the transaction, the insider now owns 156,704 shares of the company’s stock, valued at approximately $5,868,564.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of Teradata stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the completion of the transaction, the insider now directly owns 127,595 shares of the company’s stock, valued at approximately $4,793,744.15. The disclosure for this sale can be found here. Insiders sold a total of 76,615 shares of company stock valued at $2,903,644 in the last quarter. 0.86% of the stock is owned by insiders.

Teradata Stock Up 0.2 %

Shares of TDC stock traded up $0.08 during mid-day trading on Tuesday, reaching $36.78. 681,845 shares of the company’s stock traded hands, compared to its average volume of 1,105,195. Teradata Co. has a 12 month low of $35.36 and a 12 month high of $57.73. The company has a market cap of $3.59 billion, a P/E ratio of 60.30, a P/E/G ratio of 1.60 and a beta of 0.95. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02. The company’s 50-day moving average price is $37.83 and its 200-day moving average price is $42.77.

Teradata (NYSE:TDC) last announced its earnings results on Monday, February 12th. The technology company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.05. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The firm had revenue of $457.00 million for the quarter, compared to analysts’ expectations of $455.84 million. During the same quarter in the previous year, the business posted $0.05 EPS. The company’s quarterly revenue was up 1.1% on a year-over-year basis. On average, equities analysts expect that Teradata Co. will post 1.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TDC has been the topic of several recent analyst reports. Morgan Stanley cut shares of Teradata from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $74.00 to $48.00 in a report on Tuesday, February 13th. JMP Securities reiterated a “market outperform” rating and issued a $72.00 price target on shares of Teradata in a report on Tuesday, February 13th. Bank of America cut shares of Teradata from a “buy” rating to a “neutral” rating and cut their price target for the company from $58.00 to $48.00 in a report on Tuesday, February 13th. Barclays cut their price target on shares of Teradata from $43.00 to $39.00 and set an “underweight” rating on the stock in a report on Monday, April 15th. Finally, StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $56.90.

Teradata Company 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.