Janus Capital Management Increases Position in Teradata Co. (TDC)
Janus Capital Management boosted its position in shares of Teradata Co. (NYSE:TDC) by 186.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,572 shares of the company’s stock after buying an additional 24,478 shares during the period. Janus Capital Management’s holdings in Teradata were worth $1,089,000 at the end of the most recent quarter.
Separately, International Value Advisers raised its stake in Teradata by 21.1% in the third quarter. International Value Advisers now owns 3,937,162 shares of the company’s stock worth $114,020,000 after buying an additional 685,362 shares in the last quarter.
Shares of Teradata Co. (NYSE:TDC) traded up 0.83% during mid-day trading on Thursday, reaching $23.15. 1,379,271 shares of the company traded hands. The stock’s market capitalization is $3.08 billion. Teradata Co. has a 52 week low of $21.98 and a 52 week high of $47.03. The firm has a 50 day moving average of $25.08 and a 200-day moving average of $28.98.
Teradata (NYSE:TDC) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.55 by $0.07. The business had revenue of $606 million for the quarter, compared to the consensus estimate of $638.36 million. The firm’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same period last year, the firm earned $0.71 earnings per share. On average, equities research analysts expect that Teradata Co. will post $2.08 EPS for the current fiscal year.
A number of research firms recently commented on TDC. Credit Suisse lowered their price target on shares of Teradata from $30.00 to $23.50 in a report on Friday, November 6th. Susquehanna lowered their price target on shares of Teradata from $35.00 to $29.00 and set a “neutral” rating for the company in a report on Friday, November 6th. Macquarie lowered their price target on shares of Teradata from $33.00 to $22.00 and set an “underperform” rating for the company in a report on Friday, November 6th. BMO Capital Markets lowered their price target on shares of Teradata from $34.00 to $25.00 and set a “market perform” rating for the company in a report on Friday, November 6th. Finally, Barclays lowered their price target on shares of Teradata from $31.00 to $28.00 and set an “equal weight” rating for the company in a report on Friday, November 6th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $30.53.
In other Teradata news, General Counsel Laura K. Nyquist sold 3,319 shares of Teradata stock in a transaction on Friday, January 15th. The shares were sold at an average price of $22.21, for a total transaction of $73,714.99. Following the completion of the transaction, the general counsel now directly owns 56,729 shares of the company’s stock, valued at $1,259,951.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Teradata Corporation (NYSE:TDC) 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. The Company operates in two segments: data and analytics, and marketing applications. The Company’s software and hardware products include Teradata Database Software, Teradata Workload-Specific Platforms, Teradata Aster Discovery Platform, Teradata Portfolio for Hadoop, Teradata QueryGrid and Teradata Marketing Applications. Its service offerings include Teradata Business Consulting Services, Teradata Technology and Implementation Services, Teradata Cloud Services, Teradata Managed Services, Teradata Marketing Services, Teradata Customer Support Services and Training Services.
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