Sei Investments Co. Has $7.96 Million Stock Position in Teradata Co. (NYSE:TDC)

Sei Investments Co. cut its position in Teradata Co. (NYSE:TDC - Free Report) by 36.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 255,508 shares of the technology company's stock after selling 143,539 shares during the quarter. Sei Investments Co. owned about 0.27% of Teradata worth $7,959,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its position in shares of Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after buying an additional 365 shares during the period. Tealwood Asset Management Inc. boosted its position in Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock worth $1,266,000 after acquiring an additional 368 shares during the period. Xponance Inc. grew its stake in shares of Teradata by 2.3% in the fourth quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock worth $594,000 after purchasing an additional 428 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Teradata by 3.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock valued at $361,000 after purchasing an additional 431 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Teradata by 2.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company's stock valued at $618,000 after purchasing an additional 455 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Royal Bank of Canada decreased their price target on Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 12th. Barclays dropped their price objective on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research note on Wednesday, February 12th. StockNews.com cut Teradata from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 29th. Finally, Guggenheim dropped their target price on shares of Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $34.30.

Teradata Trading Down 7.0 %

NYSE TDC traded down $1.61 on Thursday, hitting $21.32. 1,249,522 shares of the stock were exchanged, compared to its average volume of 1,025,075. The company's 50-day moving average price is $25.58 and its two-hundred day moving average price is $29.14. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. Teradata Co. has a 52-week low of $21.29 and a 52-week high of $38.99. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 6.23 and a beta of 0.75.

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