Nisa Investment Advisors LLC Has $652,000 Position in Teradata Corporation (TDC)
Nisa Investment Advisors LLC maintained its stake in Teradata Corporation (NYSE:TDC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,699 shares of the technology company’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in Teradata Corporation were worth $652,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the stock. American Beacon Advisors Inc. acquired a new stake in Teradata Corporation during the first quarter valued at approximately $111,000. Westpac Banking Corp acquired a new stake in Teradata Corporation during the first quarter valued at approximately $126,000. TrimTabs Asset Management LLC raised its stake in Teradata Corporation by 88.8% in the first quarter. TrimTabs Asset Management LLC now owns 4,268 shares of the technology company’s stock valued at $133,000 after buying an additional 2,008 shares during the last quarter. James Investment Research Inc. raised its stake in Teradata Corporation by 1,193.8% in the first quarter. James Investment Research Inc. now owns 5,175 shares of the technology company’s stock valued at $161,000 after buying an additional 4,775 shares during the last quarter. Finally, LS Investment Advisors LLC raised its stake in Teradata Corporation by 19.1% in the first quarter. LS Investment Advisors LLC now owns 5,827 shares of the technology company’s stock valued at $181,000 after buying an additional 936 shares during the last quarter.
Teradata Corporation (TDC) traded down 0.41% during midday trading on Tuesday, hitting $31.73. 511,025 shares of the stock traded hands. Teradata Corporation has a one year low of $26.27 and a one year high of $33.32. The company has a market cap of $4.06 billion, a P/E ratio of 41.37 and a beta of 1.28. The company’s 50 day moving average is $29.46 and its 200-day moving average is $29.82.
Teradata Corporation (NYSE:TDC) last issued its earnings results on Thursday, July 27th. The technology company reported $0.22 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.22. The business had revenue of $513 million for the quarter, compared to the consensus estimate of $519.79 million. Teradata Corporation had a net margin of 4.63% and a return on equity of 21.12%. The business’s quarterly revenue was down 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.71 earnings per share. On average, equities research analysts forecast that Teradata Corporation will post $1.24 EPS for the current fiscal year.
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TDC has been the topic of several recent research reports. BidaskClub raised shares of Teradata Corporation from a “hold” rating to a “buy” rating in a report on Friday. TheStreet lowered shares of Teradata Corporation from a “b-” rating to a “c” rating in a report on Thursday, April 27th. BMO Capital Markets reaffirmed a “hold” rating and issued a $30.00 price target on shares of Teradata Corporation in a report on Sunday, July 16th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $32.00 price target on shares of Teradata Corporation in a report on Monday, July 10th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $30.00 price target (down from $32.00) on shares of Teradata Corporation in a report on Saturday, April 29th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. Teradata Corporation presently has a consensus rating of “Hold” and a consensus target price of $28.50.
In related news, insider Victor L. Lund acquired 31,270 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were purchased at an average price of $31.95 per share, with a total value of $999,076.50. Following the completion of the acquisition, the insider now owns 111,447 shares in the company, valued at $3,560,731.65. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Stephen Mark Scheppmann sold 47,065 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $31.83, for a total transaction of $1,498,078.95. Following the sale, the chief financial officer now directly owns 143,689 shares in the company, valued at approximately $4,573,620.87. The disclosure for this sale can be found here. 1.73% of the stock is owned by insiders.
About Teradata Corporation
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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