International Value Advisers Lowers stake in Teradata Corporation (TDC)

Teradata Corporation (TDC) : International Value Advisers reduced its stake in Teradata Corporation by 2.23% during the most recent quarter end. The investment management company now holds a total of 4,445,624 shares of Teradata Corporation which is valued at $139,414,769 after selling 101,265 shares in Teradata Corporation , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Teradata Corporation makes up approximately 3.84% of International Value Advisers’s portfolio.

Other Hedge Funds, Including , Formidable Asset Management sold out all of its stake in TDC during the most recent quarter. The investment firm sold 22 shares of TDC which is valued $690.Cadence Capital Management reduced its stake in TDC by selling 51,616 shares or 66.78% in the most recent quarter. The Hedge Fund company now holds 25,674 shares of TDC which is valued at $786,908. Teradata Corporation makes up approx 0.06% of Cadence Capital Management’s portfolio.Calamos Advisors boosted its stake in TDC in the latest quarter, The investment management firm added 8 additional shares and now holds a total of 20,324 shares of Teradata Corporation which is valued at $579,234. Teradata Corporation makes up approx 0.01% of Calamos Advisors’s portfolio.Gemmer Asset Management reduced its stake in TDC by selling 17 shares or 10.12% in the most recent quarter. The Hedge Fund company now holds 151 shares of TDC which is valued at $4,260.

Teradata Corporation opened for trading at $32.3 and hit $32.63 on the upside on Monday, eventually ending the session at $32.62, with a gain of 1.02% or 0.33 points. The heightened volatility saw the trading volume jump to 18,68,909 shares. Company has a market cap of $4,254 M.

On the company’s financial health, Teradata Corporation reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.60. The company had revenue of $599.00 million for the quarter, compared to analysts expectations of $559.18 million. The company’s revenue was down -3.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.53 EPS.

Many Wall Street Analysts have commented on Teradata Corporation. Company shares were Reiterated by Mizuho on Aug 3, 2016 to “Neutral”, Firm has raised the Price Target to $ 28 from a previous price target of $24 .Teradata Corporation was Downgraded by CLSA to ” Underperform” on Jul 15, 2016.

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. 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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