Teacher Retirement System of Texas trimmed its holdings in Teradata Corporation (NYSE:TDC – Free Report) by 19.7% in the second quarter, HoldingsChannel reports. The fund owned 45,739 shares of the technology company’s stock after selling 11,218 shares during the period. Teacher Retirement System of Texas’ holdings in Teradata were worth $1,020,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd purchased a new stake in Teradata during the second quarter valued at about $4,829,000. First Command Advisory Services Inc. bought a new stake in shares of Teradata in the 2nd quarter valued at about $42,000. Brighton Jones LLC bought a new stake in shares of Teradata in the 2nd quarter valued at about $267,000. State of New Jersey Common Pension Fund D boosted its holdings in Teradata by 6.8% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 85,301 shares of the technology company’s stock valued at $1,903,000 after acquiring an additional 5,429 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Teradata during the 2nd quarter worth approximately $1,399,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.
Analysts Set New Price Targets
TDC has been the subject of several recent research reports. Evercore ISI boosted their price objective on Teradata from $25.00 to $28.00 and gave the company an “outperform” rating in a research report on Wednesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Teradata in a research report on Wednesday, October 8th. UBS Group decreased their price objective on shares of Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Zacks Research upgraded shares of Teradata from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Finally, Wall Street Zen raised Teradata from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $26.38.
Teradata Trading Up 3.0%
Shares of TDC opened at $28.29 on Friday. Teradata Corporation has a 1-year low of $18.43 and a 1-year high of $33.20. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 2.21. The firm’s 50-day moving average price is $21.70 and its 200-day moving average price is $21.77. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 23.19, a PEG ratio of 6.96 and a beta of 0.71.
Teradata (NYSE:TDC – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.53 by $0.19. Teradata had a net margin of 7.15% and a return on equity of 83.22%. The business had revenue of $416.00 million during the quarter, compared to analyst estimates of $406.30 million. During the same period last year, the business posted $0.69 earnings per share. Teradata’s quarterly revenue was down 5.5% compared to the same quarter last year. Teradata has set its Q4 2025 guidance at 0.530-0.570 EPS. FY 2025 guidance at 2.380-2.420 EPS. Sell-side analysts anticipate that Teradata Corporation will post 1.31 EPS for the current year.
Teradata Company 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.
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