Chicago Capital LLC Grows Position in Teradata Co. (NYSE:TDC)

Chicago Capital LLC increased its holdings in shares of Teradata Co. (NYSE:TDC - Free Report) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,199,825 shares of the technology company's stock after acquiring an additional 53,395 shares during the period. Teradata makes up approximately 1.9% of Chicago Capital LLC's portfolio, making the stock its 22nd biggest holding. Chicago Capital LLC owned 1.23% of Teradata worth $52,204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rise Advisors LLC purchased a new position in shares of Teradata in the 3rd quarter worth about $26,000. North Star Investment Management Corp. acquired a new stake in Teradata during the 4th quarter valued at approximately $26,000. International Assets Investment Management LLC acquired a new stake in Teradata during the 3rd quarter valued at approximately $31,000. Smithfield Trust Co acquired a new stake in Teradata during the 3rd quarter valued at approximately $34,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Teradata during the 1st quarter valued at approximately $44,000. Institutional investors and hedge funds own 90.31% of the company's stock.

Insider Activity

In other news, CEO Stephen Mcmillan sold 40,597 shares of the company's stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the sale, the chief executive officer now directly owns 528,302 shares in the company, valued at approximately $20,191,702.44. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, insider Hillary Ashton sold 9,743 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $37.45, for a total transaction of $364,875.35. Following the sale, the insider now directly owns 156,704 shares in the company, valued at approximately $5,868,564.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Stephen Mcmillan sold 40,597 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the sale, the chief executive officer now owns 528,302 shares in the company, valued at $20,191,702.44. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 105,866 shares of company stock worth $4,170,505. Company insiders own 0.90% of the company's stock.

Teradata Price Performance

Shares of TDC stock traded down $0.23 during trading hours on Tuesday, hitting $38.18. The company had a trading volume of 729,941 shares, compared to its average volume of 1,171,953. Teradata Co. has a 12 month low of $36.72 and a 12 month high of $57.73. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 62.59, a PEG ratio of 1.70 and a beta of 0.95. The firm's fifty day moving average is $40.82 and its 200 day moving average is $43.57. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.86 and a current ratio of 0.87.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings data on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.05. Teradata had a return on equity of 58.25% and a net margin of 3.38%. The company had revenue of $457.00 million for the quarter, compared to analyst estimates of $455.84 million. During the same period in the prior year, the company posted $0.05 EPS. The company's revenue was up 1.1% compared to the same quarter last year. On average, sell-side analysts predict that Teradata Co. will post 1.27 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TDC shares. Morgan Stanley lowered Teradata from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $74.00 to $48.00 in a research report on Tuesday, February 13th. Citigroup lifted their target price on Teradata from $57.00 to $60.00 and gave the stock a "buy" rating in a research report on Monday, February 12th. StockNews.com upgraded Teradata from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, March 13th. Barclays decreased their target price on Teradata from $46.00 to $43.00 and set an "underweight" rating for the company in a research report on Tuesday, February 13th. Finally, Bank of America downgraded Teradata from a "buy" rating to a "neutral" rating and cut their price target for the stock from $58.00 to $48.00 in a report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Teradata has an average rating of "Moderate Buy" and a consensus target price of $57.30.

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.