Mutual of America Capital Management LLC Has $313,000 Holdings in Teradata Corporation (NYSE:TDC)

Mutual of America Capital Management LLC decreased its stake in Teradata Corporation (NYSE:TDC - Free Report) by 72.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,935 shares of the technology company's stock after selling 36,618 shares during the quarter. Mutual of America Capital Management LLC's holdings in Teradata were worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of TDC. Xponance Inc. raised its stake in shares of Teradata by 2.3% during the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock worth $594,000 after purchasing an additional 428 shares in the last quarter. Aster Capital Management DIFC Ltd raised its stake in shares of Teradata by 53.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares in the last quarter. Vise Technologies Inc. raised its stake in shares of Teradata by 7.4% during the 4th quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company's stock worth $298,000 after purchasing an additional 662 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Teradata by 153.1% during the 1st 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. Finally, Tsfg LLC purchased a new stake in shares of Teradata during the 1st quarter worth about $26,000. Institutional investors and hedge funds own 90.31% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TDC. Guggenheim cut their price target on Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, May 7th. UBS Group raised Teradata from a "sell" rating to a "hold" rating and cut their price target for the stock from $26.00 to $24.00 in a research note on Friday, June 6th. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Northland Capmk downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Finally, 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. One equities 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's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $27.25.

Teradata Stock Performance

TDC traded up $0.42 during midday trading on Friday, reaching $22.03. The company's stock had a trading volume of 952,706 shares, compared to its average volume of 986,464. The stock has a market cap of $2.11 billion, a P/E ratio of 15.52, a PEG ratio of 6.46 and a beta of 0.83. The company has a fifty day simple moving average of $22.09 and a 200 day simple moving average of $23.87. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 3.11. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $33.69.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results 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. The firm had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. Teradata had a return on equity of 129.98% and a net margin of 8.10%. The company's revenue was down 10.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 EPS. Research analysts expect that Teradata Corporation will post 1.31 earnings per share 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.