DekaBank Deutsche Girozentrale increased its stake in shares of Teradata Corporation (NYSE:TDC) by 23.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 149,191 shares of the technology company’s stock after buying an additional 28,200 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Teradata Corporation were worth $4,417,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in TDC. Vanguard Group Inc. boosted its position in shares of Teradata Corporation by 3.1% in the first quarter. Vanguard Group Inc. now owns 15,016,972 shares of the technology company’s stock valued at $467,328,000 after buying an additional 448,436 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Teradata Corporation by 33.1% in the first quarter. Bank of New York Mellon Corp now owns 11,731,225 shares of the technology company’s stock valued at $365,073,000 after buying an additional 2,917,721 shares during the last quarter. BlackRock Inc. boosted its position in shares of Teradata Corporation by 5,397.6% in the first quarter. BlackRock Inc. now owns 7,801,522 shares of the technology company’s stock valued at $242,782,000 after buying an additional 7,659,614 shares during the last quarter. Fairpointe Capital LLC boosted its position in shares of Teradata Corporation by 0.5% in the first quarter. Fairpointe Capital LLC now owns 5,756,276 shares of the technology company’s stock valued at $179,135,000 after buying an additional 31,283 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Teradata Corporation by 0.4% in the first quarter. Ameriprise Financial Inc. now owns 5,071,892 shares of the technology company’s stock valued at $157,837,000 after buying an additional 19,858 shares during the last quarter.

Shares of Teradata Corporation (NYSE TDC) opened at 30.93 on Thursday. The company’s 50-day moving average price is $30.26 and its 200 day moving average price is $30.03. The stock has a market cap of $3.90 billion, a PE ratio of 40.33 and a beta of 1.28. Teradata Corporation has a 1-year low of $26.27 and a 1-year high of $33.32.

Teradata Corporation (NYSE:TDC) last issued its quarterly earnings data on Thursday, July 27th. The technology company reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. Teradata Corporation had a return on equity of 21.12% and a net margin of 4.63%. The firm had revenue of $513 million during the quarter, compared to analyst estimates of $519.79 million. During the same quarter last year, the firm earned $0.71 EPS. Teradata Corporation’s quarterly revenue was down 14.4% on a year-over-year basis. Equities analysts forecast that Teradata Corporation will post $1.25 EPS for the current fiscal year.

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TDC has been the subject of several recent research reports. Deutsche Bank AG reiterated a “hold” rating and issued a $30.00 price objective (down previously from $32.00) on shares of Teradata Corporation in a research note on Saturday, April 29th. TheStreet cut Teradata Corporation from a “b-” rating to a “c” rating in a research note on Thursday, April 27th. BidaskClub cut Teradata Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Stifel Nicolaus reiterated a “hold” rating and issued a $32.00 price objective on shares of Teradata Corporation in a research note on Monday, July 10th. Finally, UBS AG reiterated a “sell” rating and issued a $22.00 price objective (down previously from $24.00) on shares of Teradata Corporation in a research note on Friday, June 16th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company’s stock. Teradata Corporation has a consensus rating of “Hold” and a consensus target price of $28.50.

In other Teradata Corporation news, CFO Stephen Mark Scheppmann sold 47,065 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $31.83, for a total transaction of $1,498,078.95. Following the completion of the sale, the chief financial officer now owns 143,689 shares in the company, valued at approximately $4,573,620.87. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Victor L. Lund acquired 31,270 shares of the stock in a transaction on Monday, July 31st. The shares were acquired at an average price of $31.95 per share, with a total value of $999,076.50. Following the purchase, the insider now owns 111,447 shares in the company, valued at $3,560,731.65. The disclosure for this purchase can be found here. 1.73% of the stock is owned by company insiders.

Teradata Corporation Company 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.

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Institutional Ownership by Quarter for Teradata Corporation (NYSE:TDC)

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