Teradata Corporation (TDC) Shares Sold by Shelton Capital Management

Shelton Capital Management lowered its stake in Teradata Corporation (NYSE:TDC) by 73.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,914 shares of the technology company’s stock after selling 87,200 shares during the quarter. Shelton Capital Management’s holdings in Teradata were worth $1,045,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in TDC. Great West Life Assurance Co. Can increased its stake in shares of Teradata by 131.2% in the 2nd quarter. Great West Life Assurance Co. Can now owns 79,064 shares of the technology company’s stock valued at $2,330,000 after acquiring an additional 44,874 shares in the last quarter. Arizona State Retirement System increased its stake in shares of Teradata by 70.6% in the 2nd quarter. Arizona State Retirement System now owns 55,200 shares of the technology company’s stock valued at $1,628,000 after acquiring an additional 22,846 shares in the last quarter. Wedge Capital Management L L P NC grew its position in Teradata by 0.5% in the 2nd quarter. Wedge Capital Management L L P NC now owns 19,366 shares of the technology company’s stock valued at $571,000 after purchasing an additional 87 shares during the period. Teacher Retirement System of Texas grew its position in Teradata by 3.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 10,591 shares of the technology company’s stock valued at $312,000 after purchasing an additional 325 shares during the period. Finally, Legal & General Group Plc grew its position in Teradata by 19.7% in the 2nd quarter. Legal & General Group Plc now owns 163,021 shares of the technology company’s stock valued at $4,809,000 after purchasing an additional 26,822 shares during the period. Institutional investors own 97.94% of the company’s stock.

Teradata Corporation (TDC) opened at $38.57 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.56 and a current ratio of 1.61. The stock has a market cap of $4,683.91, a price-to-earnings ratio of 34.56, a price-to-earnings-growth ratio of 14.24 and a beta of 1.26. Teradata Corporation has a fifty-two week low of $26.55 and a fifty-two week high of $39.33.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 business’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.69 EPS. sell-side analysts anticipate that Teradata Corporation will post 0.91 earnings per share for the current fiscal year.

Several research firms recently issued reports on TDC. Mizuho lifted their price target on shares of Teradata from $26.00 to $32.00 and gave the company an “underperform” rating in a research report on Thursday, November 2nd. Deutsche Bank lifted their price target on shares of Teradata from $30.00 to $32.00 and gave the company a “hold” rating in a research report on Tuesday, October 24th. Royal Bank of Canada reissued a “hold” rating and issued a $30.00 price target on shares of Teradata in a research report on Wednesday, October 18th. BMO Capital Markets lifted their price target on shares of Teradata from $32.00 to $40.00 and gave the company a “market perform” rating in a research report on Friday, November 3rd. Finally, Summit Redstone raised shares of Teradata from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $31.75.

In other news, CFO Mark Culhane acquired 4,500 shares of the business’s stock in a transaction on Friday, December 1st. The shares were purchased at an average cost of $37.66 per share, with a total value of $169,470.00. Following the acquisition, the chief financial officer now directly owns 29,924 shares of the company’s stock, valued at $1,126,937.84. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.73% of the stock is owned by insiders.

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Teradata Profile

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.

Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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