Teradata Corporation Sees Unusually High Options Volume (NYSE:TDC)

Teradata Corporation (NYSE:TDC) was the recipient of unusually large options trading on Wednesday. Investors acquired 1,784 call options on the company. This is an increase of approximately Infinity compared to the average volume of 0 call options.

Several brokerages have recently issued reports on TDC. Morgan Stanley upped their price target on Teradata Corporation from $29.00 to $31.00 and gave the stock an “underweight” rating in a research note on Friday, November 3rd. BMO Capital Markets upped their price target on Teradata Corporation from $32.00 to $40.00 and gave the stock a “market perform” rating in a research note on Friday, November 3rd. UBS AG upped their price target on Teradata Corporation from $24.00 to $30.00 and gave the stock a “sell” rating in a research note on Thursday, November 9th. Summit Redstone upgraded Teradata Corporation from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Mizuho upped their price target on Teradata Corporation from $26.00 to $32.00 and gave the stock an “underperform” rating in a research note on Thursday, November 2nd. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. Teradata Corporation currently has a consensus rating of “Hold” and an average target price of $31.50.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its position in Teradata Corporation by 0.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,236 shares of the technology company’s stock valued at $213,000 after acquiring an additional 31 shares during the period. Wedge Capital Management L L P NC increased its position in Teradata Corporation by 0.5% in the 2nd quarter. Wedge Capital Management L L P NC now owns 19,366 shares of the technology company’s stock valued at $571,000 after acquiring an additional 87 shares during the period. Contravisory Investment Management Inc. increased its position in Teradata Corporation by 1.0% in the 2nd quarter. Contravisory Investment Management Inc. now owns 9,556 shares of the technology company’s stock valued at $282,000 after acquiring an additional 92 shares during the period. Utah Retirement Systems increased its position in Teradata Corporation by 0.4% in the 2nd quarter. Utah Retirement Systems now owns 23,588 shares of the technology company’s stock valued at $695,000 after acquiring an additional 100 shares during the period. Finally, Teacher Retirement System of Texas increased its position in Teradata Corporation by 3.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 10,591 shares of the technology company’s stock valued at $312,000 after acquiring an additional 325 shares during the period.

Shares of Teradata Corporation (TDC) opened at $35.77 on Wednesday. The stock has a market capitalization of $4,335.43, a P/E ratio of 31.99, a P/E/G ratio of 7.42 and a beta of 1.23. Teradata Corporation has a 1-year low of $26.27 and a 1-year high of $38.08. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.61 and a quick ratio of 1.56.

Teradata Corporation (NYSE:TDC) last posted its earnings results on Thursday, November 2nd. The technology company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. Teradata Corporation had a return on equity of 16.47% and a net margin of 3.01%. The firm had revenue of $526.00 million for the quarter, compared to analysts’ expectations of $511.23 million. During the same period last year, the firm earned $0.69 EPS. The firm’s revenue was down 4.7% compared to the same quarter last year. analysts forecast that Teradata Corporation will post 0.91 earnings per share for the current year.

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About Teradata Corporation

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

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