Nisa Investment Advisors LLC Increases Holdings in Teradata Co. (NYSE:TDC)

Nisa Investment Advisors LLC lifted its position in shares of Teradata Co. (NYSE:TDC - Free Report) by 24.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,096 shares of the technology company's stock after purchasing an additional 27,004 shares during the period. Nisa Investment Advisors LLC owned about 0.14% of Teradata worth $6,052,000 at the end of the most recent reporting period.

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

Insider Buying and Selling

In related news, CEO Stephen Mcmillan sold 40,597 shares of Teradata stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total transaction of $1,551,617.34. Following the transaction, the chief executive officer now owns 528,302 shares in the company, valued at approximately $20,191,702.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Teradata news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the firm's stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $37.57, for a total value of $987,151.75. Following the sale, the insider now owns 127,595 shares in the company, valued at $4,793,744.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen Mcmillan sold 40,597 shares of the business'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 disclosure for this sale can be found here. In the last quarter, insiders sold 76,615 shares of company stock worth $2,903,644. 0.86% of the stock is owned by corporate insiders.

Teradata Price Performance

Shares of TDC traded down $0.26 during mid-day trading on Thursday, hitting $37.49. The company's stock had a trading volume of 865,790 shares, compared to its average volume of 1,128,667. The firm has a 50-day simple moving average of $39.52 and a 200 day simple moving average of $43.27. Teradata Co. has a 1-year low of $36.72 and a 1-year high of $57.73. The firm has a market capitalization of $3.66 billion, a P/E ratio of 61.46, a P/E/G ratio of 1.68 and a beta of 0.95. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 4.02.

Teradata (NYSE:TDC - Get Free Report) last posted its earnings results 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 quarter in the prior year, the company earned $0.05 earnings per share. Teradata's revenue was up 1.1% compared to the same quarter last year. Analysts predict that Teradata Co. will post 1.27 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TDC shares. Morgan Stanley downgraded Teradata from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from $74.00 to $48.00 in a report on Tuesday, February 13th. StockNews.com downgraded shares of Teradata from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 2nd. Royal Bank of Canada dropped their price target on Teradata from $59.00 to $48.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 13th. Barclays reduced their price objective on Teradata from $46.00 to $43.00 and set an "underweight" rating for the company in a research note on Tuesday, February 13th. Finally, Citigroup lifted their target price on Teradata from $57.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, February 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Teradata has an average rating of "Moderate Buy" and a consensus target price of $57.30.

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.