Boston Trust Walden Corp Trims Stake in Teradata Corporation (NYSE:TDC)

Boston Trust Walden Corp trimmed its position in Teradata Corporation (NYSE:TDC - Free Report) by 0.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,616,870 shares of the technology company's stock after selling 12,248 shares during the quarter. Boston Trust Walden Corp owned about 1.68% of Teradata worth $36,347,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TDC. Rhumbline Advisers increased its stake in Teradata by 1.5% in the 4th quarter. Rhumbline Advisers now owns 307,841 shares of the technology company's stock worth $9,589,000 after acquiring an additional 4,430 shares during the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of Teradata by 0.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 71,158 shares of the technology company's stock valued at $2,217,000 after purchasing an additional 568 shares in the last quarter. Sanctuary Advisors LLC increased its position in Teradata by 13.2% in the fourth quarter. Sanctuary Advisors LLC now owns 15,900 shares of the technology company's stock worth $515,000 after purchasing an additional 1,856 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after purchasing an additional 365 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in Teradata during the fourth quarter valued at $180,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TDC shares. Northland Securities downgraded shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price on the stock. in a report on Wednesday, May 7th. Guggenheim dropped their price target on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a research report on Saturday, June 14th. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a research note on Tuesday, April 8th. Finally, Barclays cut their target price on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $27.25.

Teradata Trading Down 2.8%

Shares of TDC traded down $0.62 during mid-day trading on Friday, reaching $21.37. 2,308,230 shares of the company's stock traded hands, compared to its average volume of 1,054,001. The company has a debt-to-equity ratio of 3.11, a current ratio of 0.84 and a quick ratio of 0.82. The stock's 50-day moving average is $21.86 and its two-hundred day moving average is $25.63. Teradata Corporation has a 12 month low of $18.43 and a 12 month high of $35.60. The stock has a market cap of $2.04 billion, a P/E ratio of 15.05, a P/E/G ratio of 6.58 and a beta of 0.83.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. Teradata had a return on equity of 129.98% and a net margin of 8.10%. The company had revenue of $418.00 million during the quarter, compared to analysts' expectations of $423.85 million. During the same quarter in the previous year, the business earned $0.57 EPS. Teradata's revenue was down 10.1% compared to the same quarter last year. Research analysts forecast that Teradata Corporation will post 1.31 earnings per share for the current fiscal 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.