Public Employees Retirement Association of Colorado Has $900,000 Holdings in Teradata Co. (TDC)

Public Employees Retirement Association of Colorado cut its stake in Teradata Co. (NYSE:TDC) by 17.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 20,610 shares of the technology company’s stock after selling 4,329 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Teradata were worth $900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Macquarie Group Ltd. bought a new position in shares of Teradata in the fourth quarter worth $32,000. Mondrian Capital Management LLC bought a new position in shares of Teradata in the fourth quarter worth $38,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Teradata in the first quarter worth $44,000. Penserra Capital Management LLC grew its stake in shares of Teradata by 21.7% in the fourth quarter. Penserra Capital Management LLC now owns 1,215 shares of the technology company’s stock worth $46,000 after purchasing an additional 217 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in shares of Teradata by 3,695.9% in the fourth 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 in the last quarter. 96.26% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CFO Mark Culhane bought 1,400 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was acquired 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 directly owns 57,485 shares of the company’s stock, valued at approximately $2,262,034.75. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Lisa R. Bacus sold 12,000 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $48.04, for a total value of $576,480.00. Following the transaction, the director now directly owns 22,486 shares of the company’s stock, valued at approximately $1,080,227.44. The disclosure for this sale can be found here. Company insiders own 1.12% of the company’s stock.

TDC has been the subject of several recent analyst reports. Zacks Investment Research raised Teradata from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research note on Monday, January 14th. Morgan Stanley raised Teradata from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $42.00 to $55.00 in a research note on Tuesday, January 15th. BMO Capital Markets reissued a “market perform” rating and issued a $45.00 price target (up previously from $40.00) on shares of Teradata in a research note on Friday, February 8th. Cowen increased their price target on Teradata from $51.00 to $55.00 and gave the stock an “outperform” rating in a research note on Monday, February 11th. Finally, TheStreet raised Teradata from a “c+” rating to a “b-” rating in a research note on Friday, February 8th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $48.13.

NYSE:TDC opened at $36.33 on Tuesday. Teradata Co. has a 1 year low of $34.06 and a 1 year high of $49.42. The firm has a market capitalization of $4.46 billion, a PE ratio of 41.28, a price-to-earnings-growth ratio of 2.02 and a beta of 0.97. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 1.19.

Teradata (NYSE:TDC) last announced its earnings results on Thursday, May 2nd. The technology company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters’ 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 business had revenue of $468.00 million during the quarter, compared to analysts’ expectations of $487.57 million. During the same quarter last year, the business posted $0.19 earnings per share. The company’s quarterly revenue was down 7.5% on a year-over-year basis. As a group, sell-side analysts predict that Teradata Co. will post 0.99 earnings per share for the current year.

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Teradata Company 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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