American Century Companies Inc. Reduces Stock Holdings in Teradata Co. (NYSE:TDC)

American Century Companies Inc. lowered its stake in Teradata Co. (NYSE:TDC) by 41.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,324,656 shares of the technology company’s stock after selling 932,067 shares during the quarter. American Century Companies Inc.’s holdings in Teradata were worth $41,263,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of TDC. Victory Capital Management Inc. lifted its holdings in Teradata by 742.5% in the fourth 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 during the period. Assenagon Asset Management S.A. raised its position in shares of Teradata by 73.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company’s stock worth $23,951,000 after acquiring an additional 324,442 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Teradata by 87.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 348,127 shares of the technology company’s stock valued at $10,844,000 after purchasing an additional 161,957 shares during the period. Pacer Advisors Inc. boosted its position in shares of Teradata by 5.2% during the fourth quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock valued at $67,899,000 after purchasing an additional 108,426 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Teradata in the fourth quarter worth $3,321,000. Institutional investors own 90.31% of the company’s stock.

Teradata Price Performance

Shares of NYSE TDC opened at $23.62 on Friday. The firm has a market cap of $2.23 billion, a P/E ratio of 20.18, a PEG ratio of 6.23 and a beta of 0.75. Teradata Co. has a twelve month low of $21.80 and a twelve month high of $39.70. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The company has a 50 day moving average of $26.47 and a 200 day moving average of $29.32.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate 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, research analysts expect that Teradata Co. will post 1.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on TDC shares. Guggenheim lowered their price objective on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Evercore ISI lowered their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Barclays decreased their target price on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research note on Wednesday, February 12th. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 13th. Finally, JMP Securities restated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.40.

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.