Commerce Bank Increases Stake in Teradata Co. (NYSE:TDC)

Commerce Bank raised its holdings in Teradata Co. (NYSE:TDCFree Report) by 336.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 83,856 shares of the technology company’s stock after purchasing an additional 64,664 shares during the period. Commerce Bank’s holdings in Teradata were worth $3,649,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Teradata by 4.4% in the third quarter. Vanguard Group Inc. now owns 11,671,512 shares of the technology company’s stock valued at $525,451,000 after purchasing an additional 496,702 shares during the period. American Century Companies Inc. grew its holdings in Teradata by 21.2% in the third quarter. American Century Companies Inc. now owns 2,585,939 shares of the technology company’s stock valued at $116,419,000 after purchasing an additional 451,816 shares during the period. Dimensional Fund Advisors LP grew its holdings in Teradata by 7.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,584,625 shares of the technology company’s stock valued at $68,948,000 after purchasing an additional 116,489 shares during the period. AQR Capital Management LLC grew its holdings in Teradata by 7.0% in the third quarter. AQR Capital Management LLC now owns 1,362,284 shares of the technology company’s stock valued at $61,330,000 after purchasing an additional 89,280 shares during the period. Finally, Boston Trust Walden Corp grew its holdings in Teradata by 3.1% in the fourth quarter. Boston Trust Walden Corp now owns 1,267,342 shares of the technology company’s stock valued at $55,142,000 after purchasing an additional 38,043 shares during the period. 90.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Teradata

In related news, insider Michael D. Hutchinson sold 18,500 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $32.96, for a total value of $609,760.00. Following the sale, the insider now owns 55,190 shares in the company, valued at approximately $1,819,062.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the sale, the insider now owns 127,595 shares in the company, valued at approximately $4,793,744.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael D. Hutchinson sold 18,500 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $32.96, for a total value of $609,760.00. Following the completion of the sale, the insider now owns 55,190 shares in the company, valued at approximately $1,819,062.40. The disclosure for this sale can be found here. Insiders have sold 54,518 shares of company stock worth $1,961,787 over the last quarter. 0.86% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TDC shares. TD Cowen lowered their price target on Teradata from $46.00 to $40.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. JMP Securities lowered their price target on Teradata from $72.00 to $60.00 and set a “market outperform” rating on the stock in a research note on Tuesday, May 7th. Royal Bank of Canada lowered their price target on Teradata from $48.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 7th. Morgan Stanley lowered Teradata from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $74.00 to $48.00 in a research note on Tuesday, February 13th. Finally, Evercore ISI reduced their price objective on Teradata from $58.00 to $46.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 7th. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Teradata currently has a consensus rating of “Hold” and an average price target of $49.90.

View Our Latest Report on Teradata

Teradata Price Performance

NYSE:TDC opened at $31.85 on Monday. Teradata Co. has a 52 week low of $31.61 and a 52 week high of $57.73. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 9.83. The company has a market capitalization of $3.08 billion, a P/E ratio of 75.83, a P/E/G ratio of 2.18 and a beta of 0.95. The stock’s fifty day moving average is $36.43 and its two-hundred day moving average is $41.27.

Teradata (NYSE:TDCGet Free Report) last posted its earnings results on Monday, May 6th. The technology company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. Teradata had a return on equity of 70.34% and a net margin of 2.31%. The company had revenue of $465.00 million for the quarter, compared to the consensus estimate of $461.93 million. During the same quarter in the previous year, the business earned $0.40 earnings per share. The company’s revenue for the quarter was down 2.3% on a year-over-year basis. Equities analysts expect that Teradata Co. will post 1.14 EPS for the current year.

Teradata Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradata Co. (NYSE:TDCFree Report).

Institutional Ownership by Quarter for Teradata (NYSE:TDC)

Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.