Los Angeles Capital Management & Equity Research Inc. Grows Position in Teradata Co. (NYSE:TDC)

Los Angeles Capital Management & Equity Research Inc. raised its holdings in Teradata Co. (NYSE:TDC) by 682.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 236,645 shares of the technology company’s stock after buying an additional 206,410 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned about 0.20% of Teradata worth $10,330,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. boosted its holdings in Teradata by 4.2% in the 4th quarter. BlackRock Inc. now owns 11,627,639 shares of the technology company’s stock valued at $446,037,000 after purchasing an additional 473,405 shares in the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of Teradata by 13.2% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 3,353,582 shares of the technology company’s stock worth $126,464,000 after acquiring an additional 392,272 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Teradata by 1.4% during the 3rd quarter. Teachers Advisors LLC now owns 2,526,373 shares of the technology company’s stock worth $95,270,000 after acquiring an additional 34,398 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Teradata by 3,695.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,813,738 shares of the technology company’s stock worth $47,000 after acquiring an additional 1,765,956 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Teradata during the 4th quarter worth approximately $59,216,000. Institutional investors own 97.08% of the company’s stock.

Several brokerages have recently commented on TDC. TheStreet lowered Teradata from a “b-” rating to a “c” rating in a research note on Friday, May 3rd. Barclays reissued a “sell” rating and set a $33.00 price target on shares of Teradata in a research note on Sunday, May 5th. Zacks Investment Research lowered Teradata from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th. BMO Capital Markets reissued a “market perform” rating and set a $45.00 price target (up previously from $40.00) on shares of Teradata in a research note on Friday, February 8th. Finally, Cowen boosted their price target on Teradata from $51.00 to $55.00 and gave the stock an “outperform” rating in a research note on Monday, February 11th. Three analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $48.13.

Shares of Teradata stock traded down $0.39 during trading on Wednesday, hitting $35.35. 657,800 shares of the company were exchanged, compared to its average volume of 1,193,431. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.42 and a quick ratio of 1.37. Teradata Co. has a fifty-two week low of $34.06 and a fifty-two week high of $49.42. The company has a market capitalization of $4.19 billion, a P/E ratio of 40.17, a P/E/G ratio of 2.82 and a beta of 0.97.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Thursday, May 2nd. The technology company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.02. The company had revenue of $468.00 million during the quarter, compared to the consensus estimate of $487.57 million. Teradata had a return on equity of 20.91% and a net margin of 1.27%. Teradata’s revenue was down 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.19 EPS. As a group, research analysts expect that Teradata Co. will post 0.99 EPS for the current fiscal year.

In other Teradata news, Director Lisa R. Bacus sold 12,000 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $48.04, for a total value of $576,480.00. Following the completion of the transaction, the director now directly owns 22,486 shares in the company, valued at approximately $1,080,227.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mark Culhane purchased 1,400 shares of the business’s stock in a transaction on Monday, May 6th. The stock was acquired at an average price of $39.35 per share, with a total value of $55,090.00. Following the completion of the acquisition, the chief financial officer now directly owns 57,485 shares in the company, valued at approximately $2,262,034.75. The disclosure for this purchase can be found here. Insiders own 1.12% of the company’s stock.

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Teradata Profile

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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