PNC Financial Services Group Inc. Sells 4,403 Shares of Teradata Corporation $TDC

PNC Financial Services Group Inc. lowered its stake in Teradata Corporation (NYSE:TDC) by 39.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,862 shares of the technology company’s stock after selling 4,403 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Teradata were worth $153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Twin Capital Management Inc. lifted its holdings in shares of Teradata by 3.3% in the second quarter. Twin Capital Management Inc. now owns 21,013 shares of the technology company’s stock worth $469,000 after buying an additional 670 shares in the last quarter. US Bancorp DE increased its holdings in Teradata by 23.0% during the 1st quarter. US Bancorp DE now owns 4,337 shares of the technology company’s stock worth $97,000 after acquiring an additional 811 shares during the period. Deutsche Bank AG lifted its stake in Teradata by 0.7% in the 1st quarter. Deutsche Bank AG now owns 130,567 shares of the technology company’s stock worth $2,935,000 after purchasing an additional 907 shares in the last quarter. IFP Advisors Inc boosted its holdings in Teradata by 405.4% in the 2nd quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock valued at $27,000 after purchasing an additional 981 shares during the period. Finally, Allworth Financial LP grew its position in shares of Teradata by 61.8% during the 2nd quarter. Allworth Financial LP now owns 2,657 shares of the technology company’s stock valued at $59,000 after purchasing an additional 1,015 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Stock Performance

Shares of NYSE TDC opened at $28.64 on Friday. The stock’s 50-day moving average is $23.70 and its 200 day moving average is $22.41. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 23.48, a P/E/G ratio of 3.86 and a beta of 0.71. Teradata Corporation has a 1-year low of $18.43 and a 1-year high of $33.20. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 2.21.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.19. The business had revenue of $416.00 million for the quarter, compared to analysts’ expectations of $406.30 million. Teradata had a net margin of 7.15% and a return on equity of 83.22%. The business’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period last year, the business earned $0.69 earnings per share. Teradata has set its Q4 2025 guidance at 0.530-0.570 EPS. FY 2025 guidance at 2.380-2.420 EPS. On average, sell-side analysts anticipate that Teradata Corporation will post 1.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. TD Cowen increased their price objective on Teradata from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Zacks Research raised Teradata from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 20th. Citizens Jmp raised Teradata from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a report on Monday, November 10th. Cowen restated a “hold” rating on shares of Teradata in a research report on Wednesday, November 5th. Finally, Wall Street Zen upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Teradata currently has an average rating of “Hold” and an average price target of $28.11.

Teradata Company 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.