Teradata Co. (NYSE:TDC) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 21.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,093,694 shares of the technology company's stock after selling 296,102 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.14% of Teradata worth $33,183,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in TDC. Crewe Advisors LLC purchased a new position in Teradata in the second quarter valued at $26,000. GAMMA Investing LLC increased its stake in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company's stock valued at $29,000 after purchasing an additional 447 shares in the last quarter. Brooklyn Investment Group acquired a new position in Teradata in the 3rd quarter worth about $32,000. Hexagon Capital Partners LLC boosted its position in Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company's stock worth $33,000 after purchasing an additional 507 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in Teradata by 75.2% in the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company's stock valued at $40,000 after purchasing an additional 569 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TDC. Evercore ISI upped their target price on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 15th. Royal Bank of Canada restated a "sector perform" rating and set a $32.00 price objective on shares of Teradata in a research report on Tuesday, November 5th. Barclays dropped their target price on shares of Teradata from $30.00 to $29.00 and set an "underweight" rating on the stock in a research report on Tuesday, November 5th. UBS Group upped their price target on shares of Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a research report on Tuesday, November 5th. Finally, Northland Securities decreased their price target on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $39.91.

Teradata Price Performance

Shares of Teradata stock traded up $0.48 on Thursday, hitting $32.31. 1,392,071 shares of the company were exchanged, compared to its average volume of 939,649. Teradata Co. has a 1-year low of $24.02 and a 1-year high of $49.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of 38.46, a price-to-earnings-growth ratio of 3.11 and a beta of 0.79. The company has a 50-day moving average price of $30.90 and a 200 day moving average price of $30.89.

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

Insiders Place Their Bets

In other Teradata 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 owns 121,382 shares of the company's stock, valued at $3,341,646.46. This trade 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 is available through the SEC website. 0.92% of the stock is owned by insiders.

About Teradata

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.