APG Asset Management N.V. continued to hold its position in Teradata Co. (NYSE:TDC) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 850,120 shares of the technology company’s stock at the end of the first quarter. APG Asset Management N.V. owned approximately 0.65% of Teradata worth $26,456,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the company. Artemis Investment Management LLP purchased a new position in Teradata during the fourth quarter worth about $6,417,000. ING Groep NV purchased a new position in Teradata during the fourth quarter worth about $220,000. Guggenheim Capital LLC increased its position in Teradata by 50.0% in the fourth quarter. Guggenheim Capital LLC now owns 1,766,972 shares of the technology company’s stock worth $48,009,000 after buying an additional 589,066 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in Teradata by 0.6% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 3,523,801 shares of the technology company’s stock worth $109,238,000 after buying an additional 19,731 shares during the period. Finally, A.R.T. Advisors LLC purchased a new position in Teradata during the fourth quarter worth about $2,352,000. Institutional investors and hedge funds own 99.75% of the company’s stock.
Shares of Teradata Co. (NYSE:TDC) traded up 1.20% on Friday, reaching $29.40. The company’s stock had a trading volume of 1,578,536 shares. Teradata Co. has a 12-month low of $24.27 and a 12-month high of $33.32. The stock has a market cap of $3.83 billion, a PE ratio of 22.93 and a beta of 1.33. The firm has a 50 day moving average price of $30.47 and a 200-day moving average price of $29.35.
Teradata (NYSE:TDC) last posted its quarterly earnings results on Thursday, April 27th. The technology company reported $0.28 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.28. The business had revenue of $491 million for the quarter, compared to the consensus estimate of $497.29 million. Teradata had a return on equity of 32.35% and a net margin of 5.38%. The company’s quarterly revenue was down 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.47 EPS. Equities research analysts expect that Teradata Co. will post $1.27 EPS for the current year.
A number of equities analysts have issued reports on TDC shares. Zacks Investment Research downgraded Teradata from a “hold” rating to a “strong sell” rating in a report on Monday, January 30th. Wells Fargo & Co initiated coverage on Teradata in a research note on Wednesday, January 11th. They issued an “underperform” rating on the stock. TheStreet raised Teradata from a “c” rating to a “b-” rating in a research note on Thursday, March 9th. BTIG Research initiated coverage on Teradata in a research note on Monday, April 17th. They issued a “neutral” rating on the stock. Finally, BMO Capital Markets increased their target price on Teradata from $27.00 to $32.00 and gave the stock a “market perform” rating in a research note on Friday, February 10th. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company’s stock. Teradata presently has a consensus rating of “Hold” and an average price target of $28.13.
In other Teradata news, Director Nancy E. Cooper sold 860 shares of the business’s stock in a transaction dated Thursday, February 16th. The stock was sold at an average price of $31.05, for a total transaction of $26,703.00. Following the sale, the director now owns 34,297 shares in the company, valued at approximately $1,064,921.85. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William S. Stavropoulos sold 3,252 shares of the business’s stock in a transaction dated Friday, February 24th. The shares were sold at an average price of $31.24, for a total value of $101,592.48. Following the sale, the director now owns 61,149 shares in the company, valued at approximately $1,910,294.76. The disclosure for this sale can be found here. In the last quarter, insiders have sold 28,004 shares of company stock worth $869,425. Company insiders own 2.64% of the company’s stock.
Teradata Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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