Lindbrook Capital LLC lifted its position in Teradata Co. (NYSE:TDC – Get Rating) by 23.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,306 shares of the technology company’s stock after buying an additional 619 shares during the period. Lindbrook Capital LLC’s holdings in Teradata were worth $111,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Scout Investments Inc. raised its holdings in shares of Teradata by 49.8% during the third quarter. Scout Investments Inc. now owns 2,461,779 shares of the technology company’s stock worth $76,463,000 after acquiring an additional 818,405 shares during the period. Lynrock Lake LP lifted its holdings in shares of Teradata by 12.5% in the third quarter. Lynrock Lake LP now owns 5,066,666 shares of the technology company’s stock valued at $157,371,000 after purchasing an additional 562,700 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Teradata by 41.8% during the second quarter. AQR Capital Management LLC now owns 1,874,849 shares of the technology company’s stock worth $68,432,000 after buying an additional 552,870 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Teradata by 151.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 742,333 shares of the technology company’s stock worth $36,590,000 after buying an additional 446,630 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Teradata by 92.8% in the 2nd quarter. Goldman Sachs Group Inc. now owns 921,212 shares of the technology company’s stock valued at $34,094,000 after buying an additional 443,486 shares during the last quarter. Institutional investors and hedge funds own 90.92% of the company’s stock.
Insiders Place Their Bets
In other news, CFO Claire Bramley sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of $40.00, for a total transaction of $200,000.00. Following the transaction, the chief financial officer now directly owns 83,100 shares of the company’s stock, valued at $3,324,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Kathleen R. Cullen-Cote sold 24,400 shares of the company’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $40.78, for a total transaction of $995,032.00. Following the completion of the sale, the insider now owns 121,489 shares of the company’s stock, valued at approximately $4,954,321.42. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Claire Bramley sold 5,000 shares of Teradata stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of $40.00, for a total transaction of $200,000.00. Following the completion of the transaction, the chief financial officer now directly owns 83,100 shares in the company, valued at $3,324,000. The disclosure for this sale can be found here. Corporate insiders own 0.92% of the company’s stock.
Teradata Trading Down 0.1 %
Teradata (NYSE:TDC – Get Rating) last issued its quarterly earnings data on Monday, February 13th. The technology company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. Teradata had a return on equity of 28.46% and a net margin of 1.84%. The firm had revenue of $452.00 million for the quarter, compared to analyst estimates of $435.63 million. During the same period in the prior year, the firm posted $0.34 EPS. The company’s revenue for the quarter was down 4.8% on a year-over-year basis. Research analysts forecast that Teradata Co. will post 0.98 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on TDC shares. Citigroup upped their price target on Teradata from $43.00 to $47.00 and gave the stock a “buy” rating in a research report on Wednesday, February 15th. Royal Bank of Canada lifted their price target on shares of Teradata from $37.00 to $43.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 14th. Craig Hallum boosted their price target on shares of Teradata from $40.00 to $48.00 and gave the stock a “buy” rating in a research report on Tuesday, February 14th. Morgan Stanley increased their price target on Teradata from $43.00 to $51.00 and gave the company an “overweight” rating in a research report on Tuesday, February 14th. Finally, Guggenheim started coverage on Teradata in a report on Thursday, January 26th. They issued a “neutral” rating for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $42.00.
Teradata Profile
Teradata Corp. is a cloud data analytics company which is built for a multi-cloud reality and solving data challenges at scale. It operates through the following geographical segments: Americas, EMEA, and APJ. The company was founded on July 13, 1979, and is headquartered in San Diego, CA.
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