Boston Partners Sells 244,219 Shares of Teradata Co. (NYSE:TDC)

Boston Partners reduced its holdings in Teradata Co. (NYSE:TDC) by 95.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,421 shares of the technology company’s stock after selling 244,219 shares during the quarter. Boston Partners’ holdings in Teradata were worth $387,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of TDC. Point72 Asset Management L.P. bought a new stake in Teradata during the 3rd quarter worth approximately $27,000. Brooklyn Investment Group acquired a new position in shares of Teradata in the third quarter valued at approximately $32,000. Independence Bank of Kentucky bought a new stake in shares of Teradata during the fourth quarter worth $37,000. Groupama Asset Managment acquired a new stake in shares of Teradata during the third quarter worth $50,000. Finally, GAMMA Investing LLC lifted its position in Teradata by 91.5% in the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after acquiring an additional 874 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Barclays decreased their price objective on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, February 12th. Guggenheim decreased their price target on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. JMP Securities reissued a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Royal Bank of Canada decreased their target price on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Finally, Evercore ISI cut their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Teradata has a consensus rating of “Hold” and an average target price of $34.40.

Teradata Stock Performance

Shares of TDC opened at $22.97 on Monday. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The firm has a 50-day moving average of $27.02 and a 200-day moving average of $29.45. The company has a market cap of $2.17 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. Teradata Co. has a one year low of $21.80 and a one year high of $39.70.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, equities analysts forecast that Teradata Co. will post 1.31 earnings per share 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.