Lucus Advisors LLC reduced its position in Teradata Corp. (NYSE:TDC) by 30.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,747 shares of the company’s stock after selling 6,088 shares during the period. Lucus Advisors LLC’s holdings in Teradata Corp. were worth $345,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Acadian Asset Management LLC raised its position in Teradata Corp. by 10,927.4% in the second quarter. Acadian Asset Management LLC now owns 2,183,210 shares of the company’s stock worth $54,734,000 after buying an additional 2,163,412 shares in the last quarter. Bank of Montreal Can bought a new stake in shares of Teradata Corp. during the second quarter worth about $47,302,000. Norges Bank bought a new stake in shares of Teradata Corp. during the fourth quarter worth about $47,241,000. TIAA CREF Investment Management LLC raised its stake in shares of Teradata Corp. by 127.3% in the first quarter. TIAA CREF Investment Management LLC now owns 1,705,369 shares of the company’s stock worth $44,749,000 after buying an additional 955,137 shares during the period. Finally, Renaissance Technologies LLC raised its stake in shares of Teradata Corp. by 126.0% in the first quarter. Renaissance Technologies LLC now owns 1,575,000 shares of the company’s stock worth $41,328,000 after buying an additional 878,100 shares during the period. 99.45% of the stock is owned by hedge funds and other institutional investors.
Teradata Corp. (NYSE:TDC) traded up 2.96% on Friday, hitting $31.00. 1,864,029 shares of the stock traded hands. Teradata Corp. has a 52 week low of $21.98 and a 52 week high of $33.09. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 87.57 and a beta of 1.16. The firm’s 50 day moving average is $31.01 and its 200 day moving average is $28.00.
Teradata Corp. (NYSE:TDC) last announced its earnings results on Tuesday, August 2nd. The company reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.11. Teradata Corp. had a net margin of 5.55% and a return on equity of 32.66%. The business earned $599 million during the quarter, compared to analysts’ expectations of $560.67 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. The firm’s revenue was down 3.9% on a year-over-year basis. Equities analysts anticipate that Teradata Corp. will post $2.44 earnings per share for the current year.
A number of equities research analysts have issued reports on the stock. William Blair reissued a “market perform” rating on shares of Teradata Corp. in a research note on Friday, September 16th. Cowen and Company reissued a “market perform” rating and set a $32.00 target price on shares of Teradata Corp. in a research note on Tuesday, September 13th. Mizuho reissued a “neutral” rating and set a $28.00 target price on shares of Teradata Corp. in a research note on Tuesday, August 23rd. Credit Agricole SA reissued an “underperform” rating on shares of Teradata Corp. in a research note on Monday, August 15th. Finally, Zacks Investment Research raised shares of Teradata Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 8th. Five investment analysts have rated the stock with a sell rating and fourteen have issued a hold rating to the stock. Teradata Corp. presently has a consensus rating of “Hold” and a consensus price target of $26.50.
In related news, Director Nancy E. Cooper sold 1,840 shares of the stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $31.06, for a total transaction of $57,150.40. Following the completion of the transaction, the director now owns 35,157 shares in the company, valued at $1,091,976.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Oliver Ratzesberger sold 2,015 shares of the stock in a transaction on Friday, September 2nd. The stock was sold at an average price of $31.62, for a total transaction of $63,714.30. Following the transaction, the executive vice president now owns 37,468 shares of the company’s stock, valued at approximately $1,184,738.16. The disclosure for this sale can be found here. Corporate insiders own 2.64% of the company’s stock.
About Teradata Corp.
Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. It operates in two segments: data and analytics, and marketing applications.
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