Schroder Investment Management Group reduced its position in Teradata Corporation (NYSE:TDC) by 78.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 358,360 shares of the technology company’s stock after selling 1,318,514 shares during the quarter. Schroder Investment Management Group owned approximately 0.28% of Teradata Corporation worth $10,700,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jensen Investment Management Inc. grew its position in Teradata Corporation by 24.2% in the 2nd quarter. Jensen Investment Management Inc. now owns 20,420 shares of the technology company’s stock valued at $602,000 after acquiring an additional 3,980 shares in the last quarter. Bank of America Corp DE grew its position in Teradata Corporation by 26.6% in the 1st quarter. Bank of America Corp DE now owns 866,272 shares of the technology company’s stock valued at $26,959,000 after acquiring an additional 181,867 shares in the last quarter. Burney Co. grew its position in Teradata Corporation by 8.8% in the 2nd quarter. Burney Co. now owns 53,695 shares of the technology company’s stock valued at $1,603,000 after acquiring an additional 4,334 shares in the last quarter. Global X Management Co. LLC grew its position in Teradata Corporation by 12.6% in the 1st quarter. Global X Management Co. LLC now owns 9,789 shares of the technology company’s stock valued at $305,000 after acquiring an additional 1,098 shares in the last quarter. Finally, Cibc World Markets Corp grew its position in Teradata Corporation by 49.7% in the 1st quarter. Cibc World Markets Corp now owns 14,438 shares of the technology company’s stock valued at $449,000 after acquiring an additional 4,796 shares in the last quarter. 99.94% of the stock is owned by institutional investors.

Several research firms have weighed in on TDC. BMO Capital Markets reaffirmed a “hold” rating and issued a $30.00 target price on shares of Teradata Corporation in a research report on Sunday, July 16th. Sanford C. Bernstein reaffirmed an “underperform” rating and issued a $27.00 target price on shares of Teradata Corporation in a research report on Monday, September 11th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $32.00 target price on shares of Teradata Corporation in a research report on Monday, August 14th. BidaskClub downgraded Teradata Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Finally, Needham & Company LLC began coverage on Teradata Corporation in a research report on Monday, September 11th. They issued a “hold” rating for the company. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company’s stock. Teradata Corporation presently has an average rating of “Hold” and an average price target of $28.75.

Teradata Corporation (NYSE:TDC) opened at 32.63 on Friday. The stock has a market cap of $4.11 billion, a PE ratio of 42.54 and a beta of 1.25. Teradata Corporation has a 52 week low of $26.27 and a 52 week high of $33.32. The stock has a 50 day moving average price of $31.33 and a 200 day moving average price of $30.09.

Teradata Corporation (NYSE:TDC) last posted its earnings results on Thursday, July 27th. The technology company reported $0.22 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.22. Teradata Corporation had a return on equity of 21.12% and a net margin of 4.63%. The business had revenue of $513.00 million during the quarter, compared to analyst estimates of $519.79 million. During the same quarter last year, the firm earned $0.71 earnings per share. The company’s revenue for the quarter was down 14.4% compared to the same quarter last year. On average, equities analysts predict that Teradata Corporation will post $1.25 earnings per share for the current year.

In other news, CFO Stephen Mark Scheppmann sold 47,065 shares of the stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $31.83, for a total value of $1,498,078.95. Following the completion of the sale, the chief financial officer now owns 143,689 shares in the company, valued at $4,573,620.87. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Victor L. Lund bought 31,270 shares of the stock in a transaction dated Monday, July 31st. The stock was bought at an average price of $31.95 per share, with a total value of $999,076.50. Following the purchase, the insider now owns 111,447 shares of the company’s stock, valued at approximately $3,560,731.65. The disclosure for this purchase can be found here. 1.73% of the stock is currently owned by company insiders.

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Teradata Corporation Profile

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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Institutional Ownership by Quarter for Teradata Corporation (NYSE:TDC)

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