Dimensional Fund Advisors LP Has $57.44 Million Holdings in Teradata Co. (NYSE:TDC)

Dimensional Fund Advisors LP increased its holdings in shares of Teradata Co. (NYSE:TDC) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,661,873 shares of the technology company’s stock after buying an additional 63,441 shares during the quarter. Dimensional Fund Advisors LP owned 1.72% of Teradata worth $57,436,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in TDC. M&G Plc raised its stake in Teradata by 2,920.3% during the 2nd quarter. M&G Plc now owns 1,183,683 shares of the technology company’s stock worth $41,429,000 after buying an additional 1,144,492 shares during the period. Ariel Investments LLC acquired a new stake in shares of Teradata in the 1st quarter valued at about $30,998,000. Vanguard Group Inc. raised its stake in shares of Teradata by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock valued at $457,898,000 after purchasing an additional 377,761 shares during the period. Jacobs Levy Equity Management Inc. raised its stake in shares of Teradata by 369.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 310,605 shares of the technology company’s stock valued at $12,011,000 after purchasing an additional 244,384 shares during the period. Finally, Boston Trust Walden Corp raised its stake in shares of Teradata by 14.5% in the 2nd quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company’s stock valued at $57,834,000 after purchasing an additional 212,359 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.

Insider Buying and Selling

In related news, 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 transaction of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $3,341,646.46. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction that occurred on 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 disclosure for this sale can be found here. 0.92% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TDC. TD Cowen dropped 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. UBS Group began coverage on Teradata in a research note on Friday, July 19th. They issued a “sell” rating and a $32.00 price target on the stock. JMP Securities downgraded Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Guggenheim reissued a “buy” rating and issued a $60.00 price target on shares of Teradata in a research note on Tuesday, June 25th. Finally, Royal Bank of Canada decreased their price objective on Teradata from $40.00 to $32.00 and set a “sector perform” rating for the company in a report on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $40.36.

Teradata Trading Up 0.6 %

Teradata stock opened at $30.35 on Friday. 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 6.87, a quick ratio of 0.72 and a current ratio of 0.75. The stock has a market capitalization of $2.92 billion, a P/E ratio of 72.26, a PEG ratio of 2.71 and a beta of 0.80. The stock has a 50-day simple moving average of $28.64 and a 200 day simple moving average of $32.89.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Monday, August 5th. The technology company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.16. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The business had revenue of $436.00 million during the quarter, compared to analysts’ expectations of $447.30 million. During the same quarter last year, the company posted $0.20 earnings per share. Teradata’s quarterly revenue was down 5.6% on a year-over-year basis. Analysts expect that Teradata Co. will post 1.3 earnings per share 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.