Public Employees Retirement Association of Colorado lowered its stake in Teradata Corporation (NYSE:TDC) by 0.2% during the second quarter, Holdings Channel reports. The fund owned 25,751 shares of the technology company’s stock after selling 46 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Teradata Corporation were worth $759,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advantus Capital Management Inc boosted its position in Teradata Corporation by 0.6% in the first quarter. Advantus Capital Management Inc now owns 12,936 shares of the technology company’s stock valued at $403,000 after buying an additional 78 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in Teradata Corporation by 0.3% in the first quarter. Great West Life Assurance Co. Can now owns 34,190 shares of the technology company’s stock valued at $1,064,000 after buying an additional 86 shares during the last quarter. Contravisory Investment Management Inc. boosted its position in Teradata Corporation by 1.0% in the second quarter. Contravisory Investment Management Inc. now owns 9,556 shares of the technology company’s stock valued at $282,000 after buying an additional 92 shares during the last quarter. Comerica Bank boosted its position in Teradata Corporation by 0.3% in the first quarter. Comerica Bank now owns 31,346 shares of the technology company’s stock valued at $921,000 after buying an additional 98 shares during the last quarter. Finally, New Mexico Educational Retirement Board boosted its position in Teradata Corporation by 0.8% in the first quarter. New Mexico Educational Retirement Board now owns 13,298 shares of the technology company’s stock valued at $414,000 after buying an additional 100 shares during the last quarter.

Shares of Teradata Corporation (NYSE TDC) opened at 30.08 on Friday. The company has a 50-day moving average price of $30.28 and a 200 day moving average price of $30.04. Teradata Corporation has a 1-year low of $26.27 and a 1-year high of $33.32. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 39.22 and a beta of 1.28.

Teradata Corporation (NYSE:TDC) last announced its earnings results on Thursday, July 27th. The technology company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. The business had revenue of $513 million for the quarter, compared to analyst estimates of $519.79 million. Teradata Corporation had a return on equity of 21.12% and a net margin of 4.63%. The company’s quarterly revenue was down 14.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.71 EPS. On average, equities research analysts predict that Teradata Corporation will post $1.25 EPS for the current year.

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Several research analysts have weighed in on the company. UBS AG reiterated a “sell” rating and set a $22.00 price objective (down previously from $24.00) on shares of Teradata Corporation in a research report on Friday, June 16th. BidaskClub raised Teradata Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. BMO Capital Markets reissued a “hold” rating and set a $30.00 target price on shares of Teradata Corporation in a report on Sunday, July 16th. Stifel Nicolaus reissued a “hold” rating and set a $32.00 target price on shares of Teradata Corporation in a report on Monday, August 14th. Finally, TheStreet lowered Teradata Corporation from a “b-” rating to a “c” rating in a report on Thursday, April 27th. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $28.50.

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