Swiss National Bank Sells 2,800 Shares of Teradata Co. (NYSE:TDC)

Swiss National Bank reduced its stake in Teradata Co. (NYSE:TDC) by 1.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 188,859 shares of the technology company’s stock after selling 2,800 shares during the period. Swiss National Bank’s holdings in Teradata were worth $5,730,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TDC. Lynrock Lake LP increased its stake in shares of Teradata by 9.9% during the second quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock valued at $230,400,000 after purchasing an additional 600,000 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Teradata by 60.9% during the second quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock valued at $73,827,000 after purchasing an additional 808,691 shares in the last quarter. Pacer Advisors Inc. increased its stake in shares of Teradata by 27.5% during the second quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company’s stock valued at $58,827,000 after purchasing an additional 367,641 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of Teradata by 14.5% during the second quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company’s stock valued at $57,834,000 after purchasing an additional 212,359 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Teradata by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,661,873 shares of the technology company’s stock valued at $57,436,000 after purchasing an additional 63,441 shares in the last quarter. 90.31% of the stock is owned by institutional investors.

Teradata Trading Down 1.1 %

Shares of TDC stock opened at $30.93 on Thursday. Teradata Co. has a 12-month low of $24.02 and a 12-month high of $49.44. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The firm’s 50 day moving average is $30.64 and its 200 day moving average is $30.98. The stock has a market capitalization of $2.96 billion, a P/E ratio of 36.79, a P/E/G ratio of 3.06 and a beta of 0.80.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.13. The company had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.14 earnings per share. Research analysts expect that Teradata Co. will post 1.41 earnings per share for the current year.

Insider Transactions at Teradata

In other news, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. This trade represents a 10.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on TDC. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Northland Securities reduced their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. UBS Group raised their price target on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Barclays reduced their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Finally, JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Teradata currently has an average rating of “Hold” and a consensus target price of $39.91.

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.