Ontario Teachers Pension Plan Board Purchases 7,364 Shares of Teradata Co. (NYSE:TDC)

Ontario Teachers Pension Plan Board lifted its position in Teradata Co. (NYSE:TDC) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 75,613 shares of the technology company’s stock after buying an additional 7,364 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in Teradata were worth $3,290,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Teradata by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 11,671,512 shares of the technology company’s stock worth $525,451,000 after purchasing an additional 496,702 shares during the last quarter. American Century Companies Inc. lifted its holdings in Teradata by 21.2% in the 3rd quarter. American Century Companies Inc. now owns 2,585,939 shares of the technology company’s stock worth $116,419,000 after purchasing an additional 451,816 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Teradata by 7.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,584,625 shares of the technology company’s stock worth $68,948,000 after purchasing an additional 116,489 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Teradata by 7.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,362,284 shares of the technology company’s stock worth $61,330,000 after purchasing an additional 89,280 shares during the last quarter. Finally, Boston Trust Walden Corp lifted its holdings in Teradata by 3.1% in the 4th quarter. Boston Trust Walden Corp now owns 1,267,342 shares of the technology company’s stock worth $55,142,000 after purchasing an additional 38,043 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Teradata

In related news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the transaction, the insider now owns 127,595 shares in the company, valued at $4,793,744.15. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Teradata news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the transaction, the insider now owns 127,595 shares of the company’s stock, valued at $4,793,744.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Hillary Ashton sold 9,743 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the transaction, the insider now directly owns 156,704 shares in the company, valued at approximately $5,868,564.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 54,518 shares of company stock worth $1,961,787. Insiders own 0.92% of the company’s stock.

Teradata Price Performance

NYSE:TDC traded down $0.13 during trading hours on Thursday, reaching $32.87. The company had a trading volume of 94,570 shares, compared to its average volume of 1,100,318. The stock has a 50-day moving average of $36.65 and a two-hundred day moving average of $41.48. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 9.83. The firm has a market capitalization of $3.18 billion, a PE ratio of 78.58, a PEG ratio of 2.26 and a beta of 0.95. Teradata Co. has a one year low of $31.61 and a one year high of $57.73.

Teradata (NYSE:TDC) last announced its earnings results on Monday, May 6th. The technology company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. The company had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $461.93 million. Teradata had a return on equity of 70.34% and a net margin of 2.31%. The business’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.40 earnings per share. Analysts forecast that Teradata Co. will post 1.14 earnings per share for the current year.

Analyst Ratings Changes

TDC has been the subject of a number of research analyst reports. Citigroup upped their price target on Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, February 12th. JMP Securities cut their target price on Teradata from $72.00 to $60.00 and set a “market outperform” rating for the company in a research note on Tuesday, May 7th. Bank of America lowered Teradata from a “neutral” rating to an “underperform” rating and cut their target price for the company from $48.00 to $39.00 in a research note on Tuesday, May 7th. Barclays cut their target price on Teradata from $39.00 to $35.00 and set an “underweight” rating for the company in a research note on Tuesday, May 7th. Finally, Evercore ISI cut their target price on Teradata from $58.00 to $46.00 and set an “outperform” rating for the company in a research note on Tuesday, May 7th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $49.90.

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.