Rhumbline Advisers Sells 47,532 Shares of Teradata Corporation $TDC

Key Points

• Rhumbline Advisers has reduced its holdings in Teradata Corporation by 15.4%, selling 47,532 shares and owning 0.27% of the company at the end of the latest reporting period.
• Analysts have mixed views on Teradata, with Zacks Research downgrading the stock to a "strong sell" while Wall Street Zen upgraded it to a "buy," contributing to a consensus rating of "hold."
• Despite reporting a 6.4% decline in revenue compared to the previous year, Teradata exceeded earnings per share estimates in its latest quarterly report, achieving an EPS of $0.47 against the expected $0.41.

Rhumbline Advisers lessened its position in shares of Teradata Corporation (NYSE:TDC - Free Report) by 15.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 260,309 shares of the technology company's stock after selling 47,532 shares during the quarter. Rhumbline Advisers owned 0.27% of Teradata worth $5,852,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Tsfg LLC purchased a new stake in Teradata during the first quarter valued at $26,000. UMB Bank n.a. increased its position in Teradata by 153.1% during the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock valued at $43,000 after acquiring an additional 1,153 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in Teradata during the first quarter valued at $76,000. US Bancorp DE increased its position in Teradata by 23.0% during the first quarter. US Bancorp DE now owns 4,337 shares of the technology company's stock valued at $97,000 after acquiring an additional 811 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Teradata by 150.9% during 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 during the last quarter. Hedge funds and other institutional investors own 90.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TDC shares. Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Zacks Research cut Teradata from a "hold" rating to a "strong sell" rating in a research report on Monday, September 8th. Finally, UBS Group reduced their price target on Teradata from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Teradata presently has a consensus rating of "Hold" and an average price target of $26.86.

Teradata Price Performance

Shares of NYSE TDC traded up $0.47 during mid-day trading on Thursday, reaching $22.28. The company's stock had a trading volume of 462,520 shares, compared to its average volume of 1,222,716. The firm has a market capitalization of $2.11 billion, a PE ratio of 19.71, a P/E/G ratio of 5.44 and a beta of 0.78. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a fifty day moving average of $21.23 and a two-hundred day moving average of $21.80. Teradata Corporation has a 52 week low of $18.43 and a 52 week high of $33.69.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. The firm had revenue of $408.00 million during the quarter, compared to analyst estimates of $399.73 million. Teradata had a return on equity of 96.29% and a net margin of 6.57%.The business's quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.64 earnings per share. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. As a group, sell-side analysts anticipate that Teradata Corporation will post 1.31 EPS for the current fiscal year.

About Teradata

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.