State Board of Administration of Florida Retirement System decreased its stake in Teradata Corporation (NYSE:TDC) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,578 shares of the technology company’s stock after selling 3,220 shares during the quarter. State Board of Administration of Florida Retirement System owned approximately 0.17% of Teradata Corporation worth $7,217,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of TDC. FMR LLC increased its position in Teradata Corporation by 3.0% in the first quarter. FMR LLC now owns 178,436 shares of the technology company’s stock worth $5,552,000 after buying an additional 5,155 shares in the last quarter. Teachers Advisors LLC grew its position in shares of Teradata Corporation by 16.6% during the first quarter. Teachers Advisors LLC now owns 308,373 shares of the technology company’s stock worth $9,597,000 after purchasing an additional 44,010 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Teradata Corporation by 3.6% during the first quarter. PNC Financial Services Group Inc. now owns 7,205 shares of the technology company’s stock worth $224,000 after purchasing an additional 251 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Teradata Corporation by 23.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,197,863 shares of the technology company’s stock worth $37,278,000 after purchasing an additional 228,784 shares in the last quarter. Finally, Capstone Asset Management Co. grew its position in shares of Teradata Corporation by 25.1% during the second quarter. Capstone Asset Management Co. now owns 10,898 shares of the technology company’s stock worth $321,000 after purchasing an additional 2,188 shares in the last quarter.

Shares of Teradata Corporation (TDC) opened at $35.83 on Tuesday. Teradata Corporation has a one year low of $26.27 and a one year high of $38.08. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $4,277.35, a P/E ratio of 31.56, a P/E/G ratio of 7.32 and a beta of 1.23.

Teradata Corporation (NYSE:TDC) last issued its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.17. The firm had revenue of $526.00 million during the quarter, compared to analyst estimates of $511.23 million. Teradata Corporation had a return on equity of 16.47% and a net margin of 3.01%. Teradata Corporation’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the company earned $0.69 EPS. analysts anticipate that Teradata Corporation will post 0.91 earnings per share for the current fiscal year.

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Several analysts recently issued reports on TDC shares. BidaskClub upgraded Teradata Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. Summit Redstone upgraded Teradata Corporation from a “hold” rating to a “buy” rating in a research report on Monday. Deutsche Bank AG increased their target price on Teradata Corporation from $30.00 to $32.00 and gave the stock a “hold” rating in a research report on Tuesday, October 24th. Royal Bank Of Canada reiterated a “hold” rating and set a $30.00 target price on shares of Teradata Corporation in a research report on Wednesday, October 18th. Finally, Needham & Company LLC started coverage on Teradata Corporation in a research report on Monday, September 11th. They set a “hold” rating for the company. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company’s stock. Teradata Corporation presently has an average rating of “Hold” and an average target price of $31.50.

Teradata Corporation 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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