MetLife Investment Management LLC Sells 52,278 Shares of Teradata Corporation $TDC

Key Points

• MetLife Investment Management LLC decreased its stake in Teradata Corporation by 89.9%, owning only 5,870 shares after selling 52,278 shares in the first quarter.
• Teradata reported $0.47 earnings per share for its recent quarter, exceeding analyst expectations, but its revenue decreased by 6.4% year-over-year.
• Equities analysts currently rate Teradata as a "Hold" with a consensus price target of $26.86.

MetLife Investment Management LLC trimmed its holdings in shares of Teradata Corporation (NYSE:TDC - Free Report) by 89.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,870 shares of the technology company's stock after selling 52,278 shares during the period. MetLife Investment Management LLC's holdings in Teradata were worth $132,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vise Technologies Inc. lifted its holdings in Teradata by 7.4% during the fourth quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company's stock worth $298,000 after acquiring an additional 662 shares in the last quarter. US Bancorp DE lifted its holdings in Teradata by 23.0% during the first quarter. US Bancorp DE now owns 4,337 shares of the technology company's stock worth $97,000 after acquiring an additional 811 shares in the last quarter. Deutsche Bank AG lifted its holdings in Teradata by 0.7% during the first quarter. Deutsche Bank AG now owns 130,567 shares of the technology company's stock worth $2,935,000 after acquiring an additional 907 shares in the last quarter. UMB Bank n.a. lifted its holdings in 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 acquiring an additional 1,153 shares in the last quarter. Finally, Tsfg LLC bought a new position in Teradata during the first quarter worth about $26,000. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Stock Down 1.8%

Shares of TDC traded down $0.39 during midday trading on Friday, hitting $21.16. The stock had a trading volume of 807,400 shares, compared to its average volume of 810,506. The company has a 50 day simple moving average of $21.30 and a two-hundred day simple moving average of $21.84. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $33.69. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 18.73, a price-to-earnings-growth ratio of 5.46 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.

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

Analysts Set New Price Targets

Several research firms have weighed in on TDC. Zacks Research lowered Teradata from a "hold" rating to a "strong sell" rating in a report on Monday, September 8th. UBS Group reduced their target price on Teradata from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Finally, Wall Street Zen upgraded Teradata from a "hold" rating to a "buy" rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Teradata presently has a consensus rating of "Hold" and an average price target of $26.86.

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.