Teradata Co. (NYSE:TDC) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its position in shares of Teradata Co. (NYSE:TDC) by 27.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 13,799 shares of the technology company’s stock after buying an additional 2,935 shares during the period. Natixis Advisors LLC’s holdings in Teradata were worth $419,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. ING Groep NV boosted its position in Teradata by 238.7% in the 3rd quarter. ING Groep NV now owns 69,100 shares of the technology company’s stock valued at $2,096,000 after buying an additional 48,700 shares during the period. Zions Bancorporation N.A. boosted its holdings in Teradata by 17.8% in the third quarter. Zions Bancorporation N.A. now owns 3,526 shares of the technology company’s stock valued at $107,000 after purchasing an additional 534 shares during the period. Victory Capital Management Inc. grew its stake in Teradata by 2.0% during the 3rd quarter. Victory Capital Management Inc. now owns 133,783 shares of the technology company’s stock worth $4,059,000 after purchasing an additional 2,579 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Teradata during the 3rd quarter worth about $373,000. Finally, Venturi Wealth Management LLC raised its position in Teradata by 1,055.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,744 shares of the technology company’s stock valued at $53,000 after purchasing an additional 1,593 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Insider Activity at Teradata

In related news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the transaction, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 10.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.92% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on TDC. Evercore ISI boosted their target price on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. Royal Bank of Canada reissued a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a report on Tuesday, November 5th. TD Cowen reduced their price target on Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a report on Tuesday, August 6th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, Barclays cut their target price 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. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $39.91.

Teradata Trading Down 1.1 %

NYSE:TDC opened at $30.93 on Friday. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The company has a market cap of $2.96 billion, a PE ratio of 36.82, a P/E/G ratio of 3.06 and a beta of 0.80. The business’s 50 day moving average is $30.68 and its two-hundred day moving average is $30.98.

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

About Teradata

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.