Teradata Corporation (NYSE:TDC) Stock Position Lessened by Cwm LLC

Key Points

• Cwm LLC has drastically reduced its stake in Teradata Corporation by selling 35,990 shares, reducing its ownership to 6,267 shares, valued at $141,000.
• Teradata's stock is currently priced at $22.11 with a market capitalization of $2.11 billion and displays a twelve-month low of $18.43 and a high of $33.69.
• The company reported $0.66 EPS for the latest quarter, exceeding analyst expectations, but revenue of $418 million fell short of forecasts.

CWM LLC reduced its position in Teradata Corporation (NYSE:TDC - Free Report) by 85.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,267 shares of the technology company's stock after selling 35,990 shares during the period. CWM LLC's holdings in Teradata were worth $141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in TDC. Tsfg LLC purchased a new stake in shares of Teradata in the first quarter valued at about $26,000. UMB Bank n.a. lifted its position in shares of Teradata by 153.1% during the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock worth $43,000 after purchasing an additional 1,153 shares in the last quarter. Aster Capital Management DIFC Ltd raised its holdings in Teradata by 53.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock valued at $49,000 after acquiring an additional 543 shares in the last quarter. GAMMA Investing LLC raised its holdings in Teradata by 150.9% in the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company's stock valued at $103,000 after acquiring an additional 2,760 shares in the last quarter. Finally, Raiffeisen Bank International AG acquired a new stake in Teradata in the fourth quarter valued at approximately $117,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Down 3.7%

Shares of TDC traded down $0.78 during trading on Friday, reaching $20.15. The company's stock had a trading volume of 1,211,987 shares, compared to its average volume of 1,279,161. The company has a fifty day moving average of $22.05 and a two-hundred day moving average of $23.62. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $33.69. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 14.19, a P/E/G ratio of 6.47 and a beta of 0.83. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 3.11.

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

Analyst Ratings Changes

Several brokerages recently weighed in on TDC. Barclays reduced their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Wall Street Zen upgraded shares of Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target on the stock in a research note on Tuesday, April 8th. Guggenheim dropped their price target on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Finally, UBS Group upgraded shares of Teradata from a "sell" rating to a "hold" rating and lowered their target price for the stock from $26.00 to $24.00 in a research report on Friday, June 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $27.25.

Teradata Company 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.