Fmr LLC Purchases 51,080 Shares of Teradata Co. (NYSE:TDC)

FMR LLC lifted its holdings in Teradata Co. (NYSE:TDC - Free Report) by 2.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,932,741 shares of the technology company's stock after purchasing an additional 51,080 shares during the quarter. FMR LLC owned 2.02% of Teradata worth $58,639,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Algert Global LLC lifted its position in shares of Teradata by 46.3% in the third quarter. Algert Global LLC now owns 113,106 shares of the technology company's stock worth $3,432,000 after purchasing an additional 35,800 shares in the last quarter. SG Americas Securities LLC increased its holdings in Teradata by 114.7% during the second quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company's stock worth $1,947,000 after buying an additional 30,096 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Teradata by 21.7% during the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company's stock worth $62,843,000 after buying an additional 369,123 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in Teradata by 85.2% during the second quarter. Assenagon Asset Management S.A. now owns 47,866 shares of the technology company's stock worth $1,654,000 after buying an additional 22,027 shares during the last quarter. Finally, John G Ullman & Associates Inc. increased its holdings in Teradata by 46.8% during the third quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company's stock worth $4,395,000 after buying an additional 46,200 shares during the last quarter. Institutional investors own 90.31% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TDC. Evercore ISI boosted their target price on shares of Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a report on Tuesday, October 15th. Barclays boosted their target price on shares of Teradata from $29.00 to $30.00 and gave the stock an "underweight" rating in a report on Friday. UBS Group boosted their target price on shares of Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a report on Tuesday, November 5th. Northland Securities decreased their price objective on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $40.00.

Insider Transactions at Teradata

In other news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction dated Tuesday, September 10th. The shares were 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 owns 121,382 shares of the company's stock, valued at approximately $3,341,646.46. This represents a 10.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.92% of the company's stock.

Teradata Stock Performance

Shares of TDC stock traded down $0.22 on Friday, hitting $32.11. The company's stock had a trading volume of 632,558 shares, compared to its average volume of 810,302. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The stock's 50 day moving average is $30.98 and its 200-day moving average is $30.89. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The company has a market capitalization of $3.07 billion, a PE ratio of 38.23, a PEG ratio of 3.13 and a beta of 0.79.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The business had revenue of $440.00 million during the quarter, compared to analysts' expectations of $417.71 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. Teradata's revenue was up .5% compared to the same quarter last year. Equities research analysts expect that Teradata Co. will post 1.41 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.