American Century Companies Inc. Sells 932,067 Shares of Teradata Co. (NYSE:TDC)

American Century Companies Inc. trimmed its stake in Teradata Co. (NYSE:TDC - Free Report) by 41.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,324,656 shares of the technology company's stock after selling 932,067 shares during the quarter. American Century Companies Inc. owned approximately 1.38% of Teradata worth $41,263,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TDC. Natixis Advisors LLC increased its holdings in Teradata by 27.0% during the third quarter. Natixis Advisors LLC now owns 13,799 shares of the technology company's stock worth $419,000 after buying an additional 2,935 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of Teradata by 72.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 40,683 shares of the technology company's stock valued at $1,235,000 after acquiring an additional 17,129 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Teradata during the 3rd quarter worth about $341,000. Massachusetts Financial Services Co. MA raised its holdings in shares of Teradata by 5.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 18,802 shares of the technology company's stock valued at $570,000 after purchasing an additional 1,004 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Teradata by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,126,443 shares of the technology company's stock valued at $34,176,000 after purchasing an additional 31,343 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Royal Bank of Canada lowered their price target on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 12th. StockNews.com lowered Teradata from a "strong-buy" rating to a "buy" rating in a report on Saturday. Evercore ISI cut their price target on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Barclays reduced their price objective on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a research report on Wednesday, February 12th. Finally, Guggenheim dropped their price objective on shares of Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $34.40.

Teradata Stock Performance

NYSE:TDC traded up $0.29 during mid-day trading on Tuesday, reaching $22.77. 1,036,789 shares of the company's stock were exchanged, compared to its average volume of 1,022,130. Teradata Co. has a one year low of $21.80 and a one year high of $38.99. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The business's fifty day simple moving average is $25.98 and its two-hundred day simple moving average is $29.24. The firm has a market capitalization of $2.15 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. Analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

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.