Teradata Co. (NYSE:TDC) Shares Acquired by Algert Global LLC

Algert Global LLC grew its stake in shares of Teradata Co. (NYSE:TDC) by 46.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 113,106 shares of the technology company’s stock after buying an additional 35,800 shares during the period. Algert Global LLC owned 0.12% of Teradata worth $3,432,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TDC. Cerity Partners LLC lifted its holdings in shares of Teradata by 632.9% during the 3rd quarter. Cerity Partners LLC now owns 47,509 shares of the technology company’s stock worth $1,441,000 after acquiring an additional 41,027 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Teradata by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,126,443 shares of the technology company’s stock valued at $34,176,000 after purchasing an additional 31,343 shares during the period. Pacer Advisors Inc. grew its stake in shares of Teradata by 21.7% during the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after acquiring an additional 369,123 shares in the last quarter. Massachusetts Financial Services Co. MA increased 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 worth $570,000 after purchasing an additional 1,004 shares during the last quarter. Finally, John G Ullman & Associates Inc. increased its stake in shares of Teradata by 46.8% in the third quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company’s stock worth $4,395,000 after buying an additional 46,200 shares during the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the sale, the insider now owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. The trade was a 5.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the stock in a transaction that occurred 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 transaction, the insider now directly 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 disclosure for this sale can be found here. Corporate insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports 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 report on Tuesday, November 5th. Evercore ISI increased their price target 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 reiterated a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th. UBS Group boosted 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, StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Teradata has an average rating of “Hold” and a consensus price target of $39.91.

Teradata Stock Up 1.4 %

NYSE:TDC opened at $31.13 on Tuesday. The stock’s fifty day moving average price is $30.59 and its two-hundred day moving average price is $30.99. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 37.06, a P/E/G ratio of 3.02 and a beta of 0.80. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44. 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 (NYSE:TDC) 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. 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 posted $0.14 EPS. Teradata’s revenue was up .5% on a year-over-year basis. On average, analysts anticipate that Teradata Co. will post 1.41 EPS for the current year.

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.