JPMorgan Chase & Co. raised its position in Teradata Corp. (NYSE:TDC) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 521,308 shares of the company’s stock after buying an additional 16,304 shares during the period. JPMorgan Chase & Co. owned 0.40% of Teradata Corp. worth $13,070,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. acquired a new stake in Teradata Corp. during the second quarter worth $104,000. Assetmark Inc. raised its position in shares of Teradata Corp. by 4,059.4% in the second quarter. Assetmark Inc. now owns 4,201 shares of the company’s stock valued at $105,000 after buying an additional 4,100 shares in the last quarter. NN Investment Partners Holdings N.V. purchased a new position in shares of Teradata Corp. during the first quarter valued at approximately $136,000. Creative Planning raised its position in shares of Teradata Corp. by 1.4% in the second quarter. Creative Planning now owns 5,965 shares of the company’s stock valued at $150,000 after buying an additional 82 shares in the last quarter. Finally, ING Groep NV purchased a new position in shares of Teradata Corp. during the first quarter valued at approximately $201,000. Institutional investors and hedge funds own 99.45% of the company’s stock.
Teradata Corp. (NYSE:TDC) traded up 2.96% during midday trading on Friday, hitting $31.00. The company had a trading volume of 1,864,029 shares. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 87.57 and a beta of 1.16. The firm has a 50-day moving average price of $31.01 and a 200-day moving average price of $28.00. Teradata Corp. has a 12 month low of $21.98 and a 12 month high of $33.09.
Teradata Corp. (NYSE:TDC) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.11. Teradata Corp. had a return on equity of 32.66% and a net margin of 5.55%. The company had revenue of $599 million for the quarter, compared to the consensus estimate of $560.67 million. During the same quarter in the prior year, the business earned $0.53 EPS. Teradata Corp.’s revenue was down 3.9% on a year-over-year basis. Equities analysts anticipate that Teradata Corp. will post $2.44 EPS for the current year.
Several equities analysts have recently commented on TDC shares. William Blair restated a “market perform” rating on shares of Teradata Corp. in a research note on Friday, September 16th. Zacks Investment Research lowered Teradata Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 5th. Mizuho restated a “neutral” rating and set a $28.00 price target on shares of Teradata Corp. in a research note on Tuesday, August 23rd. Cowen and Company started coverage on Teradata Corp. in a research note on Thursday, June 23rd. They set a “market perform” rating and a $30.00 price target on the stock. Finally, Morgan Stanley restated a “sell” rating and set a $26.00 price target on shares of Teradata Corp. in a research note on Wednesday, August 3rd. Five investment analysts have rated the stock with a sell rating and fourteen have given a hold rating to the stock. Teradata Corp. has an average rating of “Hold” and a consensus price target of $26.50.
In other Teradata Corp. news, EVP Oliver Ratzesberger sold 2,015 shares of the company’s stock in a transaction dated Friday, September 2nd. The stock was sold at an average price of $31.62, for a total transaction of $63,714.30. Following the sale, the executive vice president now owns 37,468 shares in the company, valued at approximately $1,184,738.16. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Nancy E. Cooper sold 1,840 shares of the company’s stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $31.06, for a total value of $57,150.40. Following the sale, the director now owns 35,157 shares in the company, valued at approximately $1,091,976.42. The disclosure for this sale can be found here. Company insiders own 2.64% of the company’s stock.
Teradata Corp. Company Profile
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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