Teradata Co. (NYSE:TDC) Shares Sold by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS trimmed its stake in shares of Teradata Co. (NYSE:TDC) by 12.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,392 shares of the technology company’s stock after selling 30,000 shares during the period. Kornitzer Capital Management Inc. KS owned 0.21% of Teradata worth $9,111,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of TDC. Nisa Investment Advisors LLC boosted its holdings in Teradata by 24.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 139,096 shares of the technology company’s stock worth $6,052,000 after buying an additional 27,004 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Teradata by 5.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 993,252 shares of the technology company’s stock valued at $44,716,000 after purchasing an additional 47,927 shares during the last quarter. Quantbot Technologies LP lifted its holdings in Teradata by 101.8% in the 3rd quarter. Quantbot Technologies LP now owns 28,768 shares of the technology company’s stock valued at $1,295,000 after purchasing an additional 14,509 shares in the last quarter. Polar Capital Holdings Plc lifted its holdings in Teradata by 3.9% in the 3rd quarter. Polar Capital Holdings Plc now owns 935,108 shares of the technology company’s stock valued at $42,099,000 after purchasing an additional 34,809 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in Teradata by 11.2% during the 3rd quarter. Deutsche Bank AG now owns 405,141 shares of the technology company’s stock worth $18,239,000 after purchasing an additional 40,947 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Trading Down 1.1 %

TDC stock traded down $0.42 during mid-day trading on Friday, hitting $36.33. 928,285 shares of the company were exchanged, compared to its average volume of 818,063. Teradata Co. has a 12-month low of $35.36 and a 12-month high of $57.73. The firm has a market capitalization of $3.55 billion, a P/E ratio of 59.56, a PEG ratio of 1.62 and a beta of 0.95. The business has a fifty day simple moving average of $38.10 and a 200-day simple moving average of $42.91. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.05. The firm had revenue of $457.00 million during the quarter, compared to analysts’ expectations of $455.84 million. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the company posted $0.05 EPS. On average, equities research analysts predict that Teradata Co. will post 1.27 earnings per share for the current fiscal year.

Insider Activity at Teradata

In other Teradata news, CEO Stephen Mcmillan sold 40,597 shares of Teradata stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the completion of the transaction, the chief executive officer now directly owns 528,302 shares of the company’s stock, valued at approximately $20,191,702.44. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Teradata news, CEO Stephen Mcmillan sold 40,597 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total value of $1,551,617.34. Following the completion of the transaction, the chief executive officer now owns 528,302 shares in the company, valued at $20,191,702.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Hillary Ashton sold 9,743 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the sale, the insider now owns 156,704 shares in the company, valued at $5,868,564.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 76,615 shares of company stock worth $2,903,644. 0.92% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. JMP Securities reissued a “market outperform” rating and issued a $72.00 price target on shares of Teradata in a research note on Tuesday, February 13th. Royal Bank of Canada dropped their price target on Teradata from $59.00 to $48.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 13th. StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. Barclays lowered their price objective on Teradata from $43.00 to $39.00 and set an “underweight” rating on the stock in a research note on Monday, April 15th. Finally, Citigroup raised their target price on Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, February 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $56.90.

Teradata Profile

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.