Nordea Investment Management AB has a $ 9.26 million position in Teradata Co. (NYSE: TDC)


Nordea Investment Management AB increased its position in the shares of Teradata Co. (NYSE: TDC – Get Rating) by 3.9% in the first quarter, according to HoldingsChannel. The fund owned 185,186 shares of the technology company’s shares after buying an additional 6,871 shares during the period. Nordea Investment Management AB owns $ 9,257,000 at Teradata at the end of the last quarter.

Other hedge funds have also recently added or reduced their stakes in the company. Moors & Cabot Inc. bought a new stake in Teradata in the third quarter worth $ 25,000. Geneos Wealth Management Inc. increased its position in shares of Teradata by 50.8% in the fourth quarter. Geneos Wealth Management Inc. already owns 799 shares of the technology company’s shares worth $ 33,000 after acquiring an additional 269 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Teradata by 62.8% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 819 shares of the technology company’s $ 35,000 shares after gaining an additional 316 shares in the last quarter. Financial Management Professionals Inc. increased its position in shares of Teradata by 20,625.0% in the fourth quarter. Financial Management Professionals Inc. already owns 1,658 shares of the technology company worth $ 70,000 after acquiring an additional 1,650 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Teradata by 15.2% in the fourth quarter. Now Northwestern Mutual Wealth Management Co. owns 2,446 shares of the technology company’s shares worth $ 104,000 after acquiring an additional 322 shares in the last quarter. Institutional investors own 98.54% of the company’s shares.

NYSE: TDC opened at $ 39.75 on Friday. Teradata Co. has a 1-year low of $ 33.38 and a 1-year high of $ 59.38. The company has a current ratio of 0.87, a fast ratio of 0.85 and a debt to equity ratio of 1.60. The shares have a market capitalization of $ 4.16 billion, a price / earnings ratio of 34.27, a PEG ratio of 2.03 and a beta ratio of 1.08. The stock has a 50-day moving average price of $ 38.49 and a two-day moving average price of $ 43.08.

Teradata (NYSE: TDC – Get Rating) last released its earnings results on Thursday, May 5th. The technology company reported $ 0.46 earnings per share (EPS) for the quarter, in line with analysts’ consensus estimates of $ 0.46. Teradata had a return on equity of 42.19% and a net profit of 6.76%. The company had revenue of $ 496.00 million for the quarter, compared to analysts’ expectations of $ 490.86 million. During the same period last year, the company earned $ 0.55 earnings per share. The company’s revenue increased by 1.0% on an annual basis. Sales analysts predict that Teradata Co. will report 0.66 earnings per share for the current year.

A number of research firms have recently commented on TDC. Craig Halum lowered his price target for Teradata from $ 65.00 to $ 57.00 in a report on Friday, May 6. StockNews.com downgraded Teradata’s rating from a “strong buy” rating to a “buy” rating in a report on Thursday, May 5th. One investment analyst rated the shares with a rating for sale, two gave a rating for retention and seven gave a rating for the purchase of the company’s shares. Based on data from MarketBeat.com, Teradata currently has an average “Moderate Buy” rating and an average target price of $ 57.10.

In other news, CEO Timothy Xi Chow sold 2,265 shares of the company’s stock in a deal on Monday, April 4th. The shares were sold at an average price of $ 49.06, for a total transaction of $ 111,120.90. Following the completion of the transaction, the director now directly owns 22,321 shares of the company’s shares worth $ 1,095,068.26. The transaction is disclosed in legal documentation in the Securities and Exchange Commission, which can be accessed through this link. In addition, CFO Claire Bramley sold 2,100 shares of the company’s shares in a deal on Thursday, May 26. The shares were sold at an average price of $ 35.54, for a total value of $ 74,634.00. Following the transaction, the chief financial officer now directly owns 99,622 shares of the company’s shares worth $ 3,540,565.88. The disclosure for this sale can be found here. In the past three months, insiders have sold 8,457 shares of the company worth $ 373,250. Insiders own 0.92% of the company’s shares.

Company profile Teradata (Get a rating)

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for corporate analysis. The company offers Teradata Vantage, a data platform that allows companies to use their data in a single enterprise, and connects different data sources to drive ecosystem simplification and support customers on their way to the cloud through integrated migration.

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Want to see what other hedge funds hold TDC? Visit HoldingsChannel.com to get the latest 13F inquiries and domestic deals for Teradata Co. (NYSE: TDC – Get rating).

Quarterly institutional ownership for Teradata (NYSE: TDC)



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