New York State Teachers Retirement System reduced its stake in shares of Teradata Co. (NYSE:TDC) by 1.2% in the 1st quarter, Holdings Channel reports. The firm owned 173,289 shares of the technology company’s stock after selling 2,100 shares during the quarter. New York State Teachers Retirement System’s holdings in Teradata were worth $7,564,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TDC. Oregon Public Employees Retirement Fund raised its position in 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 purchasing an additional 1,765,956 shares during the last quarter. Norges Bank bought a new position in Teradata during the 4th quarter worth $59,216,000. Victory Capital Management Inc. bought a new position in Teradata during the 4th quarter worth $27,431,000. BlackRock Inc. raised its position in Teradata by 4.2% during the 4th quarter. BlackRock Inc. now owns 11,627,639 shares of the technology company’s stock worth $446,037,000 after purchasing an additional 473,405 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. raised its position in Teradata by 92.1% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 672,529 shares of the technology company’s stock worth $25,798,000 after purchasing an additional 322,394 shares during the last quarter. 95.41% of the stock is owned by institutional investors and hedge funds.

Shares of Teradata stock opened at $34.68 on Friday. 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 1-year low of $34.06 and a 1-year high of $49.42. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 39.41, a price-to-earnings-growth ratio of 2.79 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, topping the Zacks’ consensus estimate of $0.20 by $0.02. Teradata had a return on equity of 20.91% and a net margin of 1.27%. The firm had revenue of $468.00 million during the quarter, compared to the consensus estimate of $487.57 million. During the same period last year, the business posted $0.19 EPS. The business’s revenue was down 7.5% compared to the same quarter last year. On average, sell-side analysts forecast that Teradata Co. will post 0.99 earnings per share for the current year.

Several research analysts recently issued reports on the company. TheStreet lowered Teradata from a “b-” rating to a “c” rating in a research report on Friday, May 3rd. Zacks Investment Research raised Teradata from a “sell” rating to a “hold” rating in a research report on Thursday. Barclays reaffirmed a “sell” rating and set a $33.00 target price on shares of Teradata in a research report on Sunday, May 5th. BMO Capital Markets reiterated a “market perform” rating and set a $45.00 price target (up from $40.00) on shares of Teradata in a report on Friday, February 8th. Finally, Cowen increased their price target on Teradata from $51.00 to $55.00 and gave the stock an “outperform” rating in a report on Monday, February 11th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Teradata presently has a consensus rating of “Hold” and a consensus price target of $48.13.

In other news, Director Lisa R. Bacus sold 12,000 shares of the firm’s stock in a transaction dated 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 sale, the director now directly owns 22,486 shares in the company, valued at approximately $1,080,227.44. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Mark Culhane bought 1,400 shares of Teradata stock in a transaction dated Monday, May 6th. The stock was purchased at an average price of $39.35 per share, with a total value of $55,090.00. Following the completion of the purchase, the chief financial officer now owns 57,485 shares in the company, valued at $2,262,034.75. The disclosure for this purchase can be found here. Company 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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