Ontario Teachers Pension Plan Board Sells 38,251 Shares of Teradata Co. (NYSE:TDC)

Ontario Teachers Pension Plan Board trimmed its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 47.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,811 shares of the technology company's stock after selling 38,251 shares during the period. Ontario Teachers Pension Plan Board's holdings in Teradata were worth $1,299,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Teradata by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company's stock valued at $457,898,000 after buying an additional 377,761 shares during the last quarter. Lynrock Lake LP grew its position in shares of Teradata by 9.9% in the 2nd quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company's stock valued at $230,400,000 after acquiring an additional 600,000 shares during the period. AQR Capital Management LLC lifted its stake in Teradata by 60.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company's stock valued at $73,827,000 after purchasing an additional 808,691 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Teradata by 27.5% during the second quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company's stock worth $58,827,000 after purchasing an additional 367,641 shares during the period. Finally, Boston Trust Walden Corp increased its position in Teradata by 14.5% during the second quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company's stock worth $57,834,000 after buying an additional 212,359 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TDC shares. Barclays dropped their price target on Teradata from $30.00 to $29.00 and set an "underweight" rating on the stock in a research note on Tuesday, November 5th. Northland Securities reduced their target price on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. TD Cowen cut their price objective on shares of Teradata from $37.00 to $29.00 and set a "hold" rating for the company in a research report on Tuesday, August 6th. StockNews.com raised Teradata from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, August 6th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $32.00 price target on shares of Teradata in a report on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Teradata has an average rating of "Hold" and an average price target of $39.91.

Insider Activity at Teradata

In other news, insider Margaret A. Treese sold 5,500 shares of the company's stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 5.38 % 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. Also, insider Hillary Ashton sold 14,962 shares of the stock in a transaction on 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 sale, the insider now owns 121,382 shares of the company's stock, valued at $3,341,646.46. The trade was a 10.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by insiders.

Teradata Price Performance

Shares of Teradata stock traded up $0.65 on Thursday, reaching $30.62. 187,857 shares of the stock were exchanged, compared to its average volume of 942,675. The firm's 50 day moving average is $30.45 and its 200-day moving average is $31.08. The firm has a market cap of $2.93 billion, a PE ratio of 35.68, a P/E/G ratio of 2.90 and a beta of 0.80. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. Teradata Co. has a one year low of $24.02 and a one year high of $49.44.

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