Thrivent Financial for Lutherans Has $1.24 Million Holdings in Teradata Co. (NYSE:TDC)

Thrivent Financial for Lutherans lifted its position in Teradata Co. (NYSE:TDC) by 72.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,683 shares of the technology company’s stock after acquiring an additional 17,129 shares during the period. Thrivent Financial for Lutherans’ holdings in Teradata were worth $1,235,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TDC. Gladius Capital Management LP grew its position in Teradata by 42.9% during the 3rd quarter. Gladius Capital Management LP now owns 30,004 shares of the technology company’s stock worth $910,000 after purchasing an additional 9,007 shares in the last quarter. Natixis Advisors LLC grew its holdings in shares of Teradata by 27.0% during the third quarter. Natixis Advisors LLC now owns 13,799 shares of the technology company’s stock valued at $419,000 after buying an additional 2,935 shares in the last quarter. ING Groep NV raised its position in Teradata by 238.7% during the third quarter. ING Groep NV now owns 69,100 shares of the technology company’s stock valued at $2,096,000 after buying an additional 48,700 shares during the period. Zions Bancorporation N.A. raised its position in Teradata by 17.8% during the third quarter. Zions Bancorporation N.A. now owns 3,526 shares of the technology company’s stock valued at $107,000 after buying an additional 534 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in Teradata by 2.0% in the 3rd quarter. Victory Capital Management Inc. now owns 133,783 shares of the technology company’s stock worth $4,059,000 after acquiring an additional 2,579 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of NYSE TDC opened at $30.90 on Monday. The business’s 50-day simple moving average is $30.76 and its 200-day simple moving average is $30.93. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 36.79, a P/E/G ratio of 3.04 and a beta of 0.80.

Teradata (NYSE:TDC) last released its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 earnings per share. As a group, equities research analysts expect that Teradata Co. will post 1.41 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on TDC shares. TD Cowen dropped their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a report on Tuesday, August 6th. Evercore ISI increased their target price on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Morgan Stanley lowered their price target on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 6th. Barclays cut their price objective on Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Finally, UBS Group lifted their price objective on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Teradata currently has a consensus rating of “Hold” and a consensus target price of $39.91.

Insider Buying and Selling

In related news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. The trade was a 10.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.92% of the stock is owned by insiders.

Teradata Company Profile

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.