Teradata Co. (NYSE:TDC) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC decreased its stake in Teradata Co. (NYSE:TDC) by 24.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 42,503 shares of the technology company’s stock after selling 13,842 shares during the quarter. Guggenheim Capital LLC’s holdings in Teradata were worth $1,324,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TDC. Pacer Advisors Inc. boosted its holdings in Teradata by 5.2% in the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock worth $67,899,000 after acquiring an additional 108,426 shares during the period. Geode Capital Management LLC lifted its position in shares of Teradata by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company’s stock worth $51,145,000 after purchasing an additional 8,289 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Teradata by 8.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company’s stock valued at $37,930,000 after purchasing an additional 91,211 shares during the period. Norges Bank acquired a new stake in Teradata during the 4th quarter valued at $36,315,000. Finally, Victory Capital Management Inc. lifted its holdings in Teradata by 742.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock worth $35,110,000 after buying an additional 993,358 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of NYSE TDC opened at $19.96 on Tuesday. The stock has a market capitalization of $1.92 billion, a P/E ratio of 17.06, a P/E/G ratio of 6.23 and a beta of 0.87. The firm’s 50-day moving average price is $22.52 and its two-hundred day moving average price is $28.23. Teradata Co. has a 52-week low of $18.43 and a 52-week high of $38.45. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, sell-side analysts forecast that Teradata Co. will post 1.31 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TDC. Evercore ISI dropped their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Barclays cut their target price on Teradata from $25.00 to $22.00 and set an “underweight” rating on the stock in a research report on Monday. StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 8th. Guggenheim cut their price target on shares of Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Finally, Royal Bank of Canada decreased their price objective on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $33.70.

Teradata Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.