Commerce Bank Has $221,000 Position in Teradata Co. (NYSE:TDC)

Commerce Bank decreased its holdings in Teradata Co. (NYSE:TDC - Free Report) by 64.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,109 shares of the technology company's stock after selling 12,619 shares during the period. Commerce Bank's holdings in Teradata were worth $221,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TDC. Norges Bank purchased a new position in shares of Teradata during the 4th quarter valued at $36,315,000. Victory Capital Management Inc. increased its position in Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after purchasing an additional 993,358 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Teradata by 470.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock valued at $15,436,000 after buying an additional 408,595 shares during the last quarter. LSV Asset Management grew its stake in shares of Teradata by 98.0% in the 4th quarter. LSV Asset Management now owns 812,200 shares of the technology company's stock valued at $25,300,000 after buying an additional 401,921 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Teradata by 73.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company's stock valued at $23,951,000 after acquiring an additional 324,442 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Royal Bank of Canada reduced their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 12th. StockNews.com downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 8th. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a research note on Tuesday, April 8th. Guggenheim decreased their target price on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. Finally, Barclays dropped their price target on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $33.70.

Teradata Stock Performance

NYSE:TDC traded down $0.22 during trading hours on Wednesday, hitting $21.50. 877,858 shares of the company traded hands, compared to its average volume of 1,042,635. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 18.38, a P/E/G ratio of 6.23 and a beta of 0.87. The firm has a 50-day moving average of $22.08 and a 200 day moving average of $27.80. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $38.45.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. On average, analysts forecast that Teradata Co. will post 1.31 EPS for the current year.

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.