Teradata Co. (NYSE:TDC) Stock Position Reduced by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its position in Teradata Co. (NYSE:TDC) by 42.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,651 shares of the technology company’s stock after selling 1,944 shares during the quarter. Farther Finance Advisors LLC’s holdings in Teradata were worth $80,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Russell Investments Group Ltd. boosted its holdings in Teradata by 61.5% in the first quarter. Russell Investments Group Ltd. now owns 125,369 shares of the technology company’s stock worth $4,848,000 after purchasing an additional 47,741 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Teradata by 114.7% in the 2nd quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company’s stock valued at $1,947,000 after buying an additional 30,096 shares during the period. Entropy Technologies LP bought a new stake in shares of Teradata during the 1st quarter valued at about $568,000. Assenagon Asset Management S.A. raised its stake in Teradata by 85.2% during the second quarter. Assenagon Asset Management S.A. now owns 47,866 shares of the technology company’s stock worth $1,654,000 after acquiring an additional 22,027 shares during the period. Finally, 272 Capital LP lifted its holdings in Teradata by 57.6% in the second quarter. 272 Capital LP now owns 99,903 shares of the technology company’s stock worth $3,453,000 after acquiring an additional 36,503 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Price Performance

NYSE TDC opened at $29.46 on Wednesday. Teradata Co. has a 12 month low of $24.02 and a 12 month high of $49.44. The firm has a market capitalization of $2.82 billion, a PE ratio of 35.07, a P/E/G ratio of 2.93 and a beta of 0.80. The company’s 50 day simple moving average is $30.22 and its 200 day simple moving average is $31.37. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.72.

Teradata (NYSE:TDC) last issued its quarterly 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. The company had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same period last year, the firm earned $0.14 EPS. As a group, equities research analysts forecast that Teradata Co. will post 1.41 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Hillary Ashton sold 14,962 shares of the firm’s 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 completion of the transaction, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, insider Margaret A. Treese sold 5,500 shares of Teradata 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. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were 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 approximately $3,341,646.46. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TDC. UBS Group upped their target price on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Northland Securities lowered their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. TD Cowen cut their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Evercore ISI boosted their target price on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Finally, Barclays dropped their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $39.91.

Teradata Profile

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.