Nordea Investment Management AB Sells 1,544 Shares of Teradata Corporation $TDC

Nordea Investment Management AB reduced its position in Teradata Corporation (NYSE:TDC) by 0.8% in the second quarter, Holdings Channel.com reports. The fund owned 186,759 shares of the technology company’s stock after selling 1,544 shares during the quarter. Nordea Investment Management AB’s holdings in Teradata were worth $4,163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. US Bancorp DE raised its stake in Teradata by 23.0% in the first quarter. US Bancorp DE now owns 4,337 shares of the technology company’s stock valued at $97,000 after purchasing an additional 811 shares in the last quarter. Deutsche Bank AG raised its stake in Teradata by 0.7% in the first quarter. Deutsche Bank AG now owns 130,567 shares of the technology company’s stock valued at $2,935,000 after purchasing an additional 907 shares in the last quarter. IFP Advisors Inc raised its stake in Teradata by 405.4% in the second quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock valued at $27,000 after purchasing an additional 981 shares in the last quarter. Tsfg LLC purchased a new stake in Teradata in the first quarter valued at approximately $26,000. Finally, Cetera Investment Advisers raised its stake in Teradata by 13.8% in the first quarter. Cetera Investment Advisers now owns 10,255 shares of the technology company’s stock valued at $231,000 after purchasing an additional 1,246 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Trading Up 2.1%

TDC stock opened at $21.30 on Wednesday. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.84 and a current ratio of 0.84. Teradata Corporation has a one year low of $18.43 and a one year high of $33.69. The company’s 50 day moving average price is $21.40 and its two-hundred day moving average price is $21.60. The company has a market capitalization of $2.01 billion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 5.28 and a beta of 0.77.

Teradata (NYSE:TDC) last issued its earnings results on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.41 by $0.06. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The company had revenue of $408.00 million for the quarter, compared to the consensus estimate of $399.73 million. During the same period in the previous year, the firm earned $0.64 earnings per share. The firm’s revenue for the quarter was down 6.4% on a year-over-year basis. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. As a group, analysts predict that Teradata Corporation will post 1.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Teradata from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Teradata in a research note on Wednesday, October 8th. Zacks Research downgraded shares of Teradata from a “hold” rating to a “strong sell” rating in a research note on Monday, September 8th. Finally, UBS Group decreased their price target on shares of Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Teradata currently has an average rating of “Hold” and an average target price of $26.86.

About Teradata

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.