American Century Companies Inc. Decreases Position in Teradata Co. (NYSE:TDC)

American Century Companies Inc. decreased its position in Teradata Co. (NYSE:TDC) by 41.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,324,656 shares of the technology company’s stock after selling 932,067 shares during the period. American Century Companies Inc. owned about 1.38% of Teradata worth $41,263,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TDC. Pacer Advisors Inc. lifted its position in shares of Teradata by 5.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock valued at $67,899,000 after buying an additional 108,426 shares during the last quarter. FMR LLC raised its stake in Teradata by 2.7% in the 3rd quarter. FMR LLC now owns 1,932,741 shares of the technology company’s stock valued at $58,639,000 after acquiring an additional 51,080 shares during the period. Geode Capital Management LLC lifted its holdings in Teradata by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company’s stock valued at $51,145,000 after purchasing an additional 8,289 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Teradata by 8.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company’s stock worth $37,930,000 after purchasing an additional 91,211 shares during the period. Finally, Victory Capital Management Inc. boosted its position in Teradata by 742.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock worth $35,110,000 after purchasing an additional 993,358 shares during the period. 90.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Evercore ISI dropped their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 13th. Royal Bank of Canada reduced their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Barclays dropped their price objective on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $34.40.

Teradata Trading Down 0.4 %

Shares of TDC opened at $23.62 on Friday. Teradata Co. has a 1-year low of $21.80 and a 1-year high of $39.70. The company has a market capitalization of $2.23 billion, a P/E ratio of 20.18, a P/E/G ratio of 6.23 and a beta of 0.75. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The firm’s 50 day simple moving average is $26.47 and its 200 day simple moving average is $29.32.

Teradata (NYSE:TDC) last released its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Sell-side analysts forecast that Teradata Co. will post 1.31 earnings per share for the current fiscal year.

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.