Gladius Capital Management LP Acquires 9,007 Shares of Teradata Co. (NYSE:TDC)

Gladius Capital Management LP raised its holdings in Teradata Co. (NYSE:TDC) by 42.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 30,004 shares of the technology company’s stock after buying an additional 9,007 shares during the period. Teradata makes up approximately 0.1% of Gladius Capital Management LP’s holdings, making the stock its 13th biggest holding. Gladius Capital Management LP’s holdings in Teradata were worth $910,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Russell Investments Group Ltd. grew its holdings in shares of Teradata by 61.5% in the first quarter. Russell Investments Group Ltd. now owns 125,369 shares of the technology company’s stock worth $4,848,000 after purchasing an additional 47,741 shares during the last quarter. SG Americas Securities LLC grew its stake in Teradata by 114.7% in the 2nd quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company’s stock worth $1,947,000 after acquiring an additional 30,096 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Teradata by 85.2% during the second quarter. Assenagon Asset Management S.A. now owns 47,866 shares of the technology company’s stock worth $1,654,000 after acquiring an additional 22,027 shares during the period. 272 Capital LP raised its stake in shares of Teradata by 57.6% during the second quarter. 272 Capital LP now owns 99,903 shares of the technology company’s stock valued at $3,453,000 after acquiring an additional 36,503 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Teradata by 17.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 129,212 shares of the technology company’s stock valued at $4,466,000 after purchasing an additional 19,475 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Trading Down 2.1 %

NYSE TDC opened at $28.97 on Friday. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a 50 day moving average price of $30.33 and a 200 day moving average price of $31.24. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The firm has a market cap of $2.77 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 2.85 and a beta of 0.80.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The business had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. During the same period in the prior year, the firm posted $0.14 earnings per share. The business’s quarterly revenue was up .5% on a year-over-year basis. As a group, sell-side analysts forecast that Teradata Co. will post 1.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Morgan Stanley reduced their price objective on Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 6th. Barclays cut their price target on Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. TD Cowen lowered their price objective on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a research note on Tuesday, August 6th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Finally, Evercore ISI boosted their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $39.91.

Insider Buying and Selling at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 5.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This represents a 10.97 % decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by company insiders.

About Teradata

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.