Hanson & Doremus Investment Management lessened its position in shares of Teradata Co. (NYSE:TDC) by 11.6% in the second quarter, HoldingsChannel.com reports. The fund owned 5,312 shares of the technology company’s stock after selling 700 shares during the period. Hanson & Doremus Investment Management’s holdings in Teradata were worth $190,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund increased its stake in shares of Teradata by 1.4% in the second quarter. Oregon Public Employees Retirement Fund now owns 47,953 shares of the technology company’s stock worth $1,719,000 after purchasing an additional 671 shares in the last quarter. FMR LLC lifted its position in Teradata by 18.2% during the first quarter. FMR LLC now owns 19,046 shares of the technology company’s stock valued at $831,000 after purchasing an additional 2,934 shares during the last quarter. Formula Growth Ltd. purchased a new position in shares of Teradata during the first quarter worth approximately $6,548,000. Mission Wealth Management LP raised its stake in shares of Teradata by 15.0% during the first quarter. Mission Wealth Management LP now owns 9,479 shares of the technology company’s stock worth $414,000 after acquiring an additional 1,238 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of Teradata by 8.1% during the first quarter. Jacobs Levy Equity Management Inc. now owns 279,782 shares of the technology company’s stock worth $12,212,000 after acquiring an additional 20,960 shares in the last quarter. 96.74% of the stock is owned by institutional investors.

Shares of TDC stock traded down $0.02 during trading hours on Friday, hitting $36.55. 420,809 shares of the company’s stock were exchanged, compared to its average volume of 883,963. The stock has a market capitalization of $4.28 billion, a P/E ratio of 41.53, a PEG ratio of 1.95 and a beta of 1.16. Teradata Co. has a 12-month low of $33.83 and a 12-month high of $49.42. The stock has a 50 day simple moving average of $35.84. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 1.19.

Teradata (NYSE:TDC) last issued its earnings results on Thursday, May 2nd. The technology company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. Teradata had a net margin of 1.27% and a return on equity of 20.91%. The company had revenue of $468.00 million for the quarter, compared to the consensus estimate of $487.57 million. During the same period in the previous year, the firm earned $0.19 earnings per share. The firm’s revenue for the quarter was down 7.5% on a year-over-year basis. On average, sell-side analysts anticipate that Teradata Co. will post 0.99 EPS for the current fiscal year.

In other news, CFO Mark Culhane bought 1,400 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were bought at an average cost of $39.35 per share, with a total value of $55,090.00. Following the completion of the purchase, the chief financial officer now directly owns 57,485 shares in the company, valued at $2,262,034.75. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.12% of the stock is owned by insiders.

Several research analysts have commented on TDC shares. ValuEngine downgraded shares of Vereit from a “buy” rating to a “hold” rating in a research note on Friday, July 19th. TheStreet downgraded shares of Viewray from a “c-” rating to a “d” rating in a research note on Friday, May 3rd. Barclays reissued a “buy” rating on shares of NXP Semiconductors in a research note on Sunday, May 5th. Finally, Zacks Investment Research raised shares of GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a research note on Monday, May 27th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $43.71.

About Teradata

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.

Featured Article: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Want to see what other hedge funds are holding TDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradata Co. (NYSE:TDC).

Institutional Ownership by Quarter for Teradata (NYSE:TDC)

Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.