Teradata Co. (NYSE:TDC) Shares Purchased by Heartland Advisors Inc.

Heartland Advisors Inc. boosted its position in Teradata Co. (NYSE:TDC - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 635,023 shares of the technology company's stock after purchasing an additional 27,385 shares during the quarter. Teradata comprises approximately 1.4% of Heartland Advisors Inc.'s investment portfolio, making the stock its 9th largest position. Heartland Advisors Inc. owned about 0.65% of Teradata worth $27,630,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. acquired a new position in Teradata in the fourth quarter valued at approximately $26,000. Smithfield Trust Co acquired a new position in Teradata in the third quarter valued at approximately $34,000. Principal Securities Inc. acquired a new position in Teradata in the fourth quarter valued at approximately $38,000. GAMMA Investing LLC acquired a new position in Teradata in the fourth quarter valued at approximately $47,000. Finally, International Assets Investment Management LLC lifted its holdings in Teradata by 173.0% in the fourth quarter. International Assets Investment Management LLC now owns 1,914 shares of the technology company's stock valued at $83,000 after acquiring an additional 1,213 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Stock Down 0.6 %

TDC stock traded down $0.20 during midday trading on Tuesday, reaching $33.94. 1,116,292 shares of the company were exchanged, compared to its average volume of 1,141,631. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 80.81, a price-to-earnings-growth ratio of 2.18 and a beta of 0.95. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78. Teradata Co. has a 1-year low of $31.61 and a 1-year high of $57.73. The stock's 50-day simple moving average is $37.22 and its 200 day simple moving average is $41.87.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The business had revenue of $465.00 million during the quarter, compared to the consensus estimate of $461.93 million. Teradata had a net margin of 2.31% and a return on equity of 70.34%. The company's revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.40 EPS. On average, equities analysts forecast that Teradata Co. will post 1.19 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Royal Bank of Canada cut their price objective on Teradata from $48.00 to $44.00 and set a "sector perform" rating on the stock in a report on Tuesday, May 7th. TD Cowen decreased their price target on shares of Teradata from $46.00 to $40.00 and set a "hold" rating for the company in a research report on Tuesday, May 7th. Evercore ISI cut their price objective on Teradata from $58.00 to $46.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 7th. Citigroup boosted their target price on Teradata from $57.00 to $60.00 and gave the stock a "buy" rating in a research note on Monday, February 12th. Finally, Barclays decreased their price objective on Teradata from $39.00 to $35.00 and set an "underweight" rating for the company in a research note on Tuesday, May 7th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $49.90.

Insider Transactions at Teradata

In other news, insider Hillary Ashton sold 9,743 shares of the business's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $37.45, for a total transaction of $364,875.35. Following the completion of the sale, the insider now owns 156,704 shares in the company, valued at approximately $5,868,564.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Michael D. Hutchinson sold 18,500 shares of Teradata stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $32.96, for a total value of $609,760.00. Following the transaction, the insider now directly owns 55,190 shares of the company's stock, valued at approximately $1,819,062.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction on Friday, March 1st. The shares were sold at an average price of $37.45, for a total transaction of $364,875.35. Following the completion of the transaction, the insider now directly owns 156,704 shares in the company, valued at $5,868,564.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 95,115 shares of company stock worth $3,513,404. 0.86% of the stock is currently owned by insiders.

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.

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