Bessemer Group Inc. Sells 74,899 Shares of Teradata Corporation (NYSE:TDC)

Bessemer Group Inc. cut its position in shares of Teradata Corporation (NYSE:TDC - Free Report) by 66.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,394 shares of the technology company's stock after selling 74,899 shares during the quarter. Bessemer Group Inc.'s holdings in Teradata were worth $840,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of TDC. Aster Capital Management DIFC Ltd boosted its stake in Teradata by 53.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after buying an additional 543 shares in the last quarter. UMB Bank n.a. lifted its holdings 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 acquiring an additional 1,153 shares during the period. Raiffeisen Bank International AG acquired a new stake in shares of Teradata during the 4th quarter valued at about $117,000. New Vernon Capital Holdings II LLC acquired a new stake in shares of Teradata during the 4th quarter valued at about $133,000. Finally, SRS Capital Advisors Inc. increased its stake in Teradata by 2,111.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 4,313 shares of the technology company's stock valued at $134,000 after acquiring an additional 4,118 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Trading Up 0.2%

Shares of TDC stock traded up $0.04 on Wednesday, reaching $23.18. The company had a trading volume of 962,300 shares, compared to its average volume of 1,072,442. The stock has a market cap of $2.22 billion, a PE ratio of 16.32, a PEG ratio of 6.92 and a beta of 0.83. The company has a 50-day moving average of $22.12 and a 200-day moving average of $25.01. 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 12 month low of $18.43 and a 12 month high of $35.60.

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

Analyst Ratings Changes

A number of brokerages have commented on TDC. Northland Capmk cut shares of Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. Barclays decreased their price target on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Morgan Stanley raised shares of 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. Finally, Guggenheim reduced their target price on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $27.25.

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.