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.
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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