Grimes & Company Inc. increased its stake in shares of Teradata Corp. (NYSE:TDC) by 31.2% during the second quarter, Holdings Channel reports. The firm owned 93,286 shares of the company’s stock after buying an additional 22,202 shares during the period. Grimes & Company Inc. owned 0.07% of Teradata Corp. worth $2,339,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in TDC. Creative Planning raised its stake in Teradata Corp. by 1.4% in the second quarter. Creative Planning now owns 5,965 shares of the company’s stock valued at $150,000 after buying an additional 82 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Teradata Corp. by 3.7% in the second quarter. Nisa Investment Advisors LLC now owns 23,804 shares of the company’s stock valued at $597,000 after buying an additional 840 shares in the last quarter. Exxonmobil Investment Management Inc. TX raised its stake in Teradata Corp. by 3.9% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 33,651 shares of the company’s stock valued at $844,000 after buying an additional 1,269 shares in the last quarter. Columbia Partners L L C Investment Management raised its stake in Teradata Corp. by 6.5% in the first quarter. Columbia Partners L L C Investment Management now owns 46,950 shares of the company’s stock valued at $1,231,000 after buying an additional 2,854 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its stake in Teradata Corp. by 24.4% in the first quarter. Meeder Asset Management Inc. now owns 21,417 shares of the company’s stock valued at $562,000 after buying an additional 4,202 shares in the last quarter. Institutional investors own 99.60% of the company’s stock.

Shares of Teradata Corp. (NYSE:TDC) traded down 0.63% on Tuesday, reaching $29.88. The company had a trading volume of 920,380 shares. Teradata Corp. has a 52 week low of $21.98 and a 52 week high of $33.09. The stock’s 50 day moving average is $31.15 and its 200 day moving average is $27.79. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 84.41 and a beta of 1.16.

Teradata Corp. (NYSE:TDC) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.11. Teradata Corp. had a net margin of 5.55% and a return on equity of 32.66%. The company earned $599 million during the quarter, compared to analysts’ expectations of $560.67 million. During the same quarter in the prior year, the company earned $0.53 EPS. Teradata Corp.’s revenue was down 3.9% compared to the same quarter last year. On average, equities analysts anticipate that Teradata Corp. will post $2.44 EPS for the current year.

Several equities research analysts recently issued reports on the company. William Blair reissued a “market perform” rating on shares of Teradata Corp. in a research note on Friday. Cowen and Company reissued a “market perform” rating and set a $32.00 price objective on shares of Teradata Corp. in a research note on Tuesday, September 13th. Mizuho reissued a “neutral” rating and set a $28.00 price objective on shares of Teradata Corp. in a research note on Tuesday, August 23rd. Credit Agricole SA reissued an “underperform” rating on shares of Teradata Corp. in a research note on Monday, August 15th. Finally, Zacks Investment Research raised Teradata Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 8th. Five equities research analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company. The company has a consensus rating of “Hold” and an average target price of $26.50.

In related news, EVP Oliver Ratzesberger sold 2,015 shares of the company’s stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of $31.62, for a total transaction of $63,714.30. Following the completion of the sale, the executive vice president now owns 37,468 shares of the company’s stock, valued at approximately $1,184,738.16. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Nancy E. Cooper sold 1,840 shares of the company’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $31.06, for a total transaction of $57,150.40. Following the sale, the director now directly owns 35,157 shares of the company’s stock, valued at approximately $1,091,976.42. The disclosure for this sale can be found here. Corporate insiders own 2.64% of the company’s stock.

Teradata Corp. Company Profile

Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. It operates in two segments: data and analytics, and marketing applications.

5 Day Chart for NYSE:TDC

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