M&G Plc Buys 51,491 Shares of Teradata Co. (NYSE:TDC)

M&G PLC lifted its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 4.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,235,174 shares of the technology company's stock after buying an additional 51,491 shares during the quarter. M&G PLC owned approximately 1.29% of Teradata worth $37,055,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in TDC. Crewe Advisors LLC acquired a new stake in Teradata during the second quarter valued at approximately $26,000. GAMMA Investing LLC raised its position in shares of Teradata by 88.0% during the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company's stock valued at $29,000 after acquiring an additional 447 shares in the last quarter. Hexagon Capital Partners LLC raised its position in shares of Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company's stock valued at $33,000 after acquiring an additional 507 shares in the last quarter. Allworth Financial LP lifted its stake in Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company's stock worth $40,000 after purchasing an additional 569 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in Teradata by 2,934.1% in the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company's stock worth $44,000 after purchasing an additional 1,291 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Insider Activity at Teradata

In related 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 completion of the transaction, the insider now owns 121,382 shares of the company's stock, valued at $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Hillary Ashton sold 14,962 shares of the firm's stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now directly owns 121,382 shares of the company's stock, valued at $3,341,646.46. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the transaction, the insider now owns 96,783 shares of the company's stock, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.92% of the company's stock.

Teradata Stock Performance

Shares of TDC traded down $0.03 during trading hours on Thursday, reaching $29.30. 1,473,464 shares of the company's stock traded hands, compared to its average volume of 948,060. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44. The business's fifty day simple moving average is $30.10 and its two-hundred day simple moving average is $31.62. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 34.92, a P/E/G ratio of 3.10 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.56 by $0.13. The firm had revenue of $440.00 million for the quarter, compared to analysts' expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 160.68%. Teradata's quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS. Analysts predict that Teradata Co. will post 1.3 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Northland Securities reduced their price target on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a research report on Tuesday. Barclays cut their target price on shares of Teradata from $30.00 to $29.00 and set an "underweight" rating on the stock in a report on Tuesday. StockNews.com raised Teradata from a "buy" rating to a "strong-buy" rating in a report on Tuesday, August 6th. Morgan Stanley cut their price target on Teradata from $44.00 to $30.00 and set an "equal weight" rating on the stock in a report on Tuesday, August 6th. Finally, Evercore ISI upped their price objective on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 15th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Teradata currently has a consensus rating of "Hold" and an average target price of $39.91.

Teradata 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.