DekaBank Deutsche Girozentrale reduced its stake in shares of Teradata Corporation (NYSE:TDC) by 10.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,091 shares of the technology company’s stock after selling 15,100 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.10% of Teradata worth $4,150,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of TDC. BlackRock Inc. increased its stake in Teradata by 42.6% in the second quarter. BlackRock Inc. now owns 11,126,276 shares of the technology company’s stock valued at $328,115,000 after purchasing an additional 3,324,754 shares during the period. Ameriprise Financial Inc. increased its stake in Teradata by 24.1% in the second quarter. Ameriprise Financial Inc. now owns 6,293,085 shares of the technology company’s stock valued at $185,598,000 after purchasing an additional 1,221,193 shares during the period. Victory Capital Management Inc. acquired a new position in Teradata in the third quarter valued at $33,107,000. Frontier Capital Management Co. LLC acquired a new position in Teradata in the second quarter valued at $22,262,000. Finally, Bank of New York Mellon Corp increased its stake in Teradata by 6.0% in the second quarter. Bank of New York Mellon Corp now owns 12,436,915 shares of the technology company’s stock valued at $366,764,000 after purchasing an additional 705,690 shares during the period. Institutional investors own 97.94% of the company’s stock.
In related news, CFO Mark Culhane acquired 4,500 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average price of $37.66 per share, with a total value of $169,470.00. Following the completion of the acquisition, the chief financial officer now owns 29,924 shares in the company, valued at $1,126,937.84. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.73% of the stock is currently owned by insiders.
Teradata Corporation (TDC) traded down $1.14 during mid-day trading on Wednesday, reaching $37.38. 1,262,468 shares of the company were exchanged, compared to its average volume of 1,623,360. The stock has a market capitalization of $4,595.58, a P/E ratio of 33.91, a P/E/G ratio of 7.86 and a beta of 1.26. Teradata Corporation has a 52-week low of $26.55 and a 52-week high of $38.69. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69.
Teradata (NYSE:TDC) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The firm had revenue of $526.00 million for the quarter, compared to the consensus estimate of $511.23 million. Teradata had a net margin of 3.01% and a return on equity of 16.47%. The firm’s revenue was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share. analysts predict that Teradata Corporation will post 0.91 earnings per share for the current year.
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Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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