Fairpointe Capital LLC Has Cut Teradata Corp (TDC) Position by $13.46 Million as Share Value Declined

March 14, 2018 - By Hazel Jackson

Investors sentiment decreased to 0.57 in 2017 Q3. Its down 0.27, from 0.84 in 2017Q2. It dropped, as 31 investors sold TDC shares while 122 reduced holdings. 38 funds opened positions while 49 raised stakes. 127.01 million shares or 2.25% less from 129.94 million shares in 2017Q2 were reported. Federated Invsts Pa reported 0% of its portfolio in Teradata Corporation (NYSE:TDC). Moreover, Oppenheimer Asset Mgmt has 0.07% invested in Teradata Corporation (NYSE:TDC). Great Lakes Advsrs Ltd Llc accumulated 141,676 shares or 0.11% of the stock. Public Employees Retirement Systems Of Ohio reported 37,651 shares. Dimensional Fund Advisors Ltd Partnership reported 0.02% in Teradata Corporation (NYSE:TDC). Dekabank Deutsche Girozentrale owns 134,091 shares. Capstone Inv Advisors Ltd Liability Corp owns 6,980 shares. Gsa Limited Liability Partnership owns 12,800 shares. Systematic Fin LP invested 0.03% of its portfolio in Teradata Corporation (NYSE:TDC). Jupiter Asset Management owns 2.39M shares. Highland Cap Management Limited Partnership holds 0.06% or 41,040 shares in its portfolio. Deutsche Bankshares Ag holds 0.03% or 1.30M shares in its portfolio. Connecticut-based Paloma Prns Management has invested 0.02% in Teradata Corporation (NYSE:TDC). 78,163 are held by Great West Life Assurance Can. 703,402 were reported by Fiera Cap.

Since February 15, 2018, it had 0 insider buys, and 3 selling transactions for $2.76 million activity. $2.17M worth of stock was sold by Nyquist Laura K on Monday, March 5. RINGLER JAMES M sold $313,685 worth of Teradata Corporation (NYSE:TDC) on Tuesday, March 6.

Fairpointe Capital Llc decreased its stake in Teradata Corp (TDC) by 7.05% based on its latest 2017Q3 regulatory filing with the SEC. Fairpointe Capital Llc sold 407,828 shares as the company’s stock declined 8.08% while stock markets rallied. The institutional investor held 5.37M shares of the computer manufacturing company at the end of 2017Q3, valued at $181.59M, down from 5.78 million at the end of the previous reported quarter. Fairpointe Capital Llc who had been investing in Teradata Corp for a number of months, seems to be less bullish one the $5.14 billion market cap company. The stock decreased 0.47% or $0.2 during the last trading session, reaching $42.1. About 226,220 shares traded. Teradata Corporation (NYSE:TDC) has risen 10.48% since March 14, 2017 and is uptrending. It has underperformed by 6.22% the S&P500.

Fairpointe Capital Llc, which manages about $7.00 billion and $5.06B US Long portfolio, upped its stake in Varex Imaging Corp by 124,442 shares to 930,103 shares, valued at $31.48M in 2017Q3, according to the filing. It also increased its holding in Scholastic (NASDAQ:SCHL) by 84,498 shares in the quarter, for a total of 1.48M shares, and has risen its stake in Stericycle (NASDAQ:SRCL).

Analysts await Teradata Corporation (NYSE:TDC) to report earnings on April, 26. They expect $0.05 earnings per share, down 75.00 % or $0.15 from last year’s $0.2 per share. TDC’s profit will be $6.10M for 210.50 P/E if the $0.05 EPS becomes a reality. After $0.44 actual earnings per share reported by Teradata Corporation for the previous quarter, Wall Street now forecasts -88.64 % negative EPS growth.

More recent Teradata Corporation (NYSE:TDC) news were published by: Benzinga.com which released: “Bernstein: Teradata Positioned To Expand Recurring Revenue Growth” on March 05, 2018. Also Zacks.com published the news titled: “Teradata (TDC) Up 3.7% Since Earnings Report: Can It Continue?” on March 12, 2018. Seekingalpha.com‘s news article titled: “Teradata: A Misinterpretation Of A Robust Quarter” with publication date: February 12, 2018 was also an interesting one.

Teradata Corporation (NYSE:TDC) Ratings Coverage

Among 21 analysts covering Teradata Corporation (NYSE:TDC), 4 have Buy rating, 7 Sell and 10 Hold. Therefore 19% are positive. Teradata Corporation has $45 highest and $22 lowest target. $31.91’s average target is -24.20% below currents $42.1 stock price. Teradata Corporation had 56 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, July 10 by Stifel Nicolaus. UBS downgraded Teradata Corporation (NYSE:TDC) rating on Monday, October 3. UBS has “Sell” rating and $27 target. The firm earned “Overweight” rating on Friday, August 28 by Atlantic Securities. Cowen & Co initiated Teradata Corporation (NYSE:TDC) on Friday, June 24 with “Market Perform” rating. Mizuho maintained Teradata Corporation (NYSE:TDC) on Wednesday, July 26 with “Sell” rating. Stifel Nicolaus maintained it with “Hold” rating and $38.0 target in Thursday, November 2 report. The rating was downgraded by Barclays Capital on Wednesday, January 6 to “Underweight”. BMO Capital Markets maintained it with “Market Perform” rating and $32 target in Friday, February 10 report. The stock of Teradata Corporation (NYSE:TDC) earned “Sector Perform” rating by RBC Capital Markets on Friday, August 7. On Wednesday, November 1 the stock rating was maintained by Mizuho with “Sell”.

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