Rhumbline Advisers has $10.36M position in Teradata Co. (NYSE:TDC)

Rhumbline Advisers reduced its stake in Teradata Co. (NYSE:TDC – Free Report) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 299,876 shares of the technology company’s stock after selling 8,416 shares during the period. Rhumbline Advisers’ holdings in Teradata were worth $10,364,000 at the end of the most recent reporting period.

A number of other institutional investors have added to or reduced their stakes in TDC. Crewe Advisors LLC purchased a new position in shares of Teradata in the second quarter valued at $26,000. Sound Income Strategies LLC bought a new position in Teradata in the 1st quarter worth about $31,000. Hexagon Capital Partners LLC boosted its holdings in Teradata by 111.4% in the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock valued at $33,000 after purchasing an additional 507 shares during the last quarter. Principal Securities Inc. bought a new stake in shares of Teradata in the 4th quarter valued at about $38,000. Finally, Blue Trust Inc. boosted its holdings in shares of Teradata by 107.3% in the second quarter. Blue Trust Inc. now owns 2,017 shares of the technology company’s stock worth $70,000 after purchasing an additional 1,044 shares during the last quarter. 90.31% of shares are owned by institutional investors and hedge funds.

Teradata trading up 0.3%

Shares of NYSE TDC opened at $27.67 on Thursday. Teradata Co. has a 1 year low of $24.02 and a 1 year high of $49.44. The company has a 50 day moving average of $29.79 and a two hundred day moving average of $33.63. The company has a market cap of $2.66 billion, a PE ratio of 65.88, a P/E/G ratio of 2.54 and a beta of 0.80. The company has a current ratio of 0.75, a quick ratio of 0.72, and a debt-to-equity ratio of 6.87.

Teradata (NYSE:TDC – Get Your Free Report ) last released its quarterly earnings data on Monday, August 5th. The technology company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.16. The firm had revenue of $436.00 million during the quarter, compared to analysts’ expectations of $447.30 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. Teradata’s revenue fell 5.6% year over year. In the same quarter last year, the company posted EPS of $0.20. As a group, equities analysts expect Teradata Co. to post 1.3 earnings per share for the current fiscal year.

Indoor 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 completion of the sale, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. The sale was disclosed in a legal filing with the SEC, which is available via this hyperlink. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the sale, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. The disclosure for this sale can be found here. 0.92% of shares are currently owned by insiders.

Analyst upgrades and downgrades

TDC has been the subject of several recent analyst reports. TD Cowen cut their price target on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Royal Bank of Canada cut their price target on shares of Teradata from $40.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 6th. UBS Group initiated coverage on shares of Teradata in a research report on Friday, July 19th. They set a “sell” rating and a $32.00 price target for the company. Barclays cut their price target on shares of Teradata from $35.00 to $30.00 and set an “underweight” rating on the stock in a research report on Tuesday, August 6th. Finally, Northland Securities cut their price objective on shares of Teradata from $49.00 to $38.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 6th . Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $40.36.

Check out our latest research report on Teradata

About Teradata

(Free Report)

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 analytics vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytics opportunities, as well as ensure that analytics infrastructure provides value.

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