Teradata Corporation (TDC) Position Trimmed by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale decreased its position in shares of Teradata Corporation (NYSE:TDC) by 10.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 134,091 shares of the technology company’s stock after selling 15,100 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.10% of Teradata Corporation worth $4,150,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legal & General Group Plc lifted its position in Teradata Corporation by 19.7% during the second quarter. Legal & General Group Plc now owns 163,021 shares of the technology company’s stock worth $4,809,000 after purchasing an additional 26,822 shares during the period. Jensen Investment Management Inc. lifted its holdings in shares of Teradata Corporation by 24.2% in the second quarter. Jensen Investment Management Inc. now owns 20,420 shares of the technology company’s stock worth $602,000 after acquiring an additional 3,980 shares during the last quarter. Burney Co. lifted its holdings in shares of Teradata Corporation by 8.8% in the second quarter. Burney Co. now owns 53,695 shares of the technology company’s stock worth $1,603,000 after acquiring an additional 4,334 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in shares of Teradata Corporation by 87.3% in the second quarter. Riverhead Capital Management LLC now owns 81,878 shares of the technology company’s stock worth $2,415,000 after acquiring an additional 38,156 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Teradata Corporation by 38.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 90,215 shares of the technology company’s stock worth $2,660,000 after acquiring an additional 25,168 shares during the last quarter.

TDC has been the subject of a number of research reports. BMO Capital Markets increased their target price on shares of Teradata Corporation from $32.00 to $40.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. Sanford C. Bernstein reaffirmed an “underperform” rating and issued a $27.00 price objective on shares of Teradata Corporation in a research note on Monday, September 11th. UBS AG upped their price objective on Teradata Corporation from $24.00 to $30.00 and gave the company a “sell” rating in a research note on Thursday, November 9th. Morgan Stanley upped their price objective on Teradata Corporation from $29.00 to $31.00 and gave the company an “underweight” rating in a research note on Friday, November 3rd. Finally, Mizuho upped their price objective on Teradata Corporation from $26.00 to $32.00 and gave the company an “underperform” rating in a research note on Thursday, November 2nd. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $31.78.

Teradata Corporation (NYSE:TDC) opened at $36.21 on Tuesday. The stock has a market capitalization of $4,530.00, a P/E ratio of 31.99, a price-to-earnings-growth ratio of 7.42 and a beta of 1.23. Teradata Corporation has a twelve month low of $26.27 and a twelve month high of $38.08. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69.

Teradata Corporation (NYSE:TDC) last issued its earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Teradata Corporation had a return on equity of 16.47% and a net margin of 3.01%. The company had revenue of $526.00 million for the quarter, compared to analysts’ expectations of $511.23 million. During the same period last year, the business earned $0.69 EPS. Teradata Corporation’s quarterly revenue was down 4.7% compared to the same quarter last year. sell-side analysts anticipate that Teradata Corporation will post 0.91 earnings per share for the current fiscal year.

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Teradata Corporation Company Profile

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

Institutional Ownership by Quarter for Teradata Corporation (NYSE:TDC)

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