Algert Global LLC Increases Stock Position in Teradata Co. (NYSE:TDC)

Algert Global LLC lifted its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 46.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 113,106 shares of the technology company's stock after buying an additional 35,800 shares during the quarter. Algert Global LLC owned about 0.12% of Teradata worth $3,432,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Cerity Partners LLC lifted its position in Teradata by 632.9% in the 3rd quarter. Cerity Partners LLC now owns 47,509 shares of the technology company's stock worth $1,441,000 after buying an additional 41,027 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Teradata by 2.9% during 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 buying an additional 31,343 shares in the last quarter. Pacer Advisors Inc. increased its stake in Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company's stock worth $62,843,000 after acquiring an additional 369,123 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Teradata by 5.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 18,802 shares of the technology company's stock valued at $570,000 after acquiring an additional 1,004 shares during the period. Finally, John G Ullman & Associates Inc. lifted its stake in shares of Teradata by 46.8% during the 3rd quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company's stock worth $4,395,000 after purchasing an additional 46,200 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company's stock.

Teradata Stock Up 0.4 %

Shares of NYSE TDC traded up $0.14 during mid-day trading on Tuesday, reaching $31.27. 505,070 shares of the company's stock traded hands, compared to its average volume of 942,285. The business has a 50-day simple moving average of $30.59 and a 200 day simple moving average of $30.99. Teradata Co. has a 1-year low of $24.02 and a 1-year high of $49.44. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. The stock has a market cap of $2.99 billion, a P/E ratio of 37.25, a PEG ratio of 3.02 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The firm's revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 earnings per share. On average, analysts expect that Teradata Co. will post 1.41 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 5.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares in the company, 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. 0.86% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TDC shares. Evercore ISI increased their price target on Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a report on Tuesday, October 15th. StockNews.com upgraded Teradata from a "buy" rating to a "strong-buy" rating in a report on Tuesday, August 6th. UBS Group raised 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. Barclays lowered their price target on shares of Teradata from $30.00 to $29.00 and set an "underweight" rating on the stock in a report on Tuesday, November 5th. Finally, Northland Securities dropped their price target on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $39.91.

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.