Cerity Partners LLC Has $1.44 Million Stock Position in Teradata Co. (NYSE:TDC)

Cerity Partners LLC boosted its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 632.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,509 shares of the technology company's stock after buying an additional 41,027 shares during the period. Cerity Partners LLC's holdings in Teradata were worth $1,441,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of 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 period. Pacer Advisors Inc. increased its holdings in shares of Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company's stock valued at $62,843,000 after purchasing an additional 369,123 shares during the period. Massachusetts Financial Services Co. MA increased 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. John G Ullman & Associates Inc. increased its holdings in shares of Teradata by 46.8% in the 3rd quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company's stock valued at $4,395,000 after purchasing an additional 46,200 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Teradata during the third quarter worth approximately $341,000. Institutional investors and hedge funds own 90.31% of the company's stock.

Insider Activity at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the firm's stock in a transaction dated Tuesday, September 10th. The stock was 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 approximately $3,341,646.46. This trade represents a 10.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.86% of the stock is owned by company insiders.

Teradata Trading Up 0.4 %

Teradata stock traded up $0.14 during mid-day trading on Wednesday, hitting $31.83. The stock had a trading volume of 836,725 shares, compared to its average volume of 938,089. The stock has a 50-day simple moving average of $30.85 and a two-hundred day simple moving average of $30.88. The stock has a market capitalization of $3.05 billion, a PE ratio of 37.71, a P/E/G ratio of 3.09 and a beta of 0.79. 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.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.13. The business had revenue of $440.00 million for the quarter, compared to analysts' expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The firm's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 earnings per share. As a group, sell-side analysts forecast that Teradata Co. will post 1.41 EPS for the current year.

Analyst Ratings Changes

TDC has been the subject of a number of recent analyst reports. StockNews.com raised Teradata from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, August 6th. Barclays reduced their price objective on Teradata from $30.00 to $29.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. Evercore ISI increased their price objective on Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a research report on Tuesday, October 15th. Morgan Stanley reduced their price objective on Teradata from $44.00 to $30.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 6th. Finally, UBS Group raised their target price on Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a research report on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $39.91.

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.