Thrivent Financial for Lutherans Lowers Stock Position in Teradata Co. (NYSE:TDC)

Thrivent Financial for Lutherans reduced its position in Teradata Co. (NYSE:TDC) by 44.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,707 shares of the technology company’s stock after selling 17,976 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Teradata were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. acquired a new position in shares of Teradata during the 3rd quarter valued at $27,000. Independence Bank of Kentucky purchased a new position in Teradata in the fourth quarter valued at about $37,000. Groupama Asset Managment acquired a new position in shares of Teradata during the third quarter worth about $50,000. GAMMA Investing LLC boosted its position in shares of Teradata by 91.5% in the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock worth $57,000 after buying an additional 874 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in shares of Teradata by 20.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock valued at $66,000 after buying an additional 365 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Analyst Upgrades and Downgrades

TDC has been the subject of several recent research reports. StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 29th. Barclays lowered their price target on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, February 12th. Royal Bank of Canada cut their price objective on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 12th. Evercore ISI lowered their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. Finally, Guggenheim cut their price target on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.40.

Teradata Stock Up 0.7 %

Shares of TDC stock opened at $22.92 on Thursday. Teradata Co. has a 12 month low of $21.80 and a 12 month high of $38.99. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The firm has a market cap of $2.17 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 6.23 and a beta of 0.75. The stock has a 50 day moving average of $25.79 and a 200-day moving average of $29.19.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, equities analysts predict that Teradata Co. will post 1.31 EPS for the current year.

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.