Trading Report: Today: First Midwest Bank Trust Division Reached $1,893,000 position of Teradata Corp. (TDC)

Today: First Midwest Bank Trust Division Reached $1,893,000 position  of Teradata Corp. (TDC)

First Midwest Bank Trust Division boosted its stake in shares of Teradata Corp. (NYSE:TDC) by 14.1% during the third quarter, Holdings Channel reports. The fund owned 61,075 shares of the company’s stock after buying an additional 7,563 shares during the period. First Midwest Bank Trust Division’s holdings in Teradata Corp. were worth $1,893,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of TDC. Gateway Investment Advisers LLC increased its position in shares of Teradata Corp. by 0.3% in the third quarter. Gateway Investment Advisers LLC now owns 9,348 shares of the company’s stock valued at $290,000 after buying an additional 29 shares during the last quarter. Cognios Capital LLC increased its position in shares of Teradata Corp. by 0.3% in the second quarter. Cognios Capital LLC now owns 9,552 shares of the company’s stock valued at $239,000 after buying an additional 30 shares during the last quarter. Capstone Asset Management Co. increased its position in shares of Teradata Corp. by 0.7% in the third quarter. Capstone Asset Management Co. now owns 9,808 shares of the company’s stock valued at $304,000 after buying an additional 70 shares during the last quarter. Creative Planning increased its position in shares of Teradata Corp. by 1.4% in the second quarter. Creative Planning now owns 5,965 shares of the company’s stock valued at $150,000 after buying an additional 82 shares during the last quarter. Finally, World Asset Management Inc increased its position in shares of Teradata Corp. by 0.6% in the second quarter. World Asset Management Inc now owns 13,782 shares of the company’s stock valued at $346,000 after buying an additional 85 shares during the last quarter. Institutional investors own 99.75% of the company’s stock.

Teradata Corp. (NYSE:TDC) opened at 27.35 on Monday. Teradata Corp. has a 12-month low of $21.98 and a 12-month high of $33.09. The stock has a market cap of $3.55 billion, a PE ratio of 198.19 and a beta of 1.40. The firm has a 50 day moving average of $28.47 and a 200-day moving average of $28.79.

Teradata Corp. (NYSE:TDC) last announced its quarterly earnings results on Thursday, October 27th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.17. Teradata Corp. had a net margin of 4.47% and a return on equity of 34.54%. The business earned $606 million during the quarter, compared to analysts’ expectations of $556.26 million. During the same period last year, the business earned $0.60 earnings per share. The business’s revenue for the quarter was down 8.9% on a year-over-year basis. On average, analysts expect that Teradata Corp. will post $2.49 earnings per share for the current year.

A number of brokerages have commented on TDC. JMP Securities restated a “hold” rating on shares of Teradata Corp. in a research note on Saturday, November 19th. Cowen and Company set a $29.00 target price on shares of Teradata Corp. and gave the stock a “hold” rating in a research note on Saturday, November 19th. restated an “underperform” rating on shares of Teradata Corp. in a research note on Monday, August 15th. TheStreet upgraded shares of Teradata Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 2nd. Finally, Zacks Investment Research upgraded shares of Teradata Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 8th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $27.25.

In other Teradata Corp. news, EVP Oliver Ratzesberger sold 2,015 shares of Teradata Corp. stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of $31.62, for a total transaction of $63,714.30. Following the completion of the sale, the executive vice president now directly owns 37,468 shares in the company, valued at $1,184,738.16. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.64% of the company’s stock.

About Teradata Corp.

Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. It operates in two segments: data and analytics, and marketing applications.

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