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

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

Several other hedge funds and other institutional investors have also recently bought and sold shares of TDC. Lynrock Lake LP raised its stake in shares of Teradata by 9.9% in the 2nd quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock valued at $230,400,000 after buying an additional 600,000 shares in the last quarter. AQR Capital Management LLC raised its position in Teradata by 60.9% in the second quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock worth $73,827,000 after purchasing an additional 808,691 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Teradata by 27.5% during the second quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company’s stock worth $58,827,000 after purchasing an additional 367,641 shares during the period. Boston Trust Walden Corp boosted its holdings in Teradata by 14.5% during the second quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company’s stock valued at $57,834,000 after purchasing an additional 212,359 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Teradata by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,661,873 shares of the technology company’s stock valued at $57,436,000 after purchasing an additional 63,441 shares in the last quarter. 90.31% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This trade represents a 10.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.92% of the company’s stock.

Teradata Price Performance

Shares of TDC stock opened at $30.90 on Monday. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The firm has a market capitalization of $2.96 billion, a price-to-earnings ratio of 36.79, a PEG ratio of 3.04 and a beta of 0.80. The firm’s 50 day moving average is $30.76 and its 200-day moving average is $30.93. Teradata Co. has a 1 year low of $24.02 and a 1 year high of $49.44.

Teradata (NYSE:TDC) last announced its quarterly earnings data 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 firm had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the company earned $0.14 EPS. Sell-side analysts forecast that Teradata Co. will post 1.41 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on TDC. Barclays cut their target price on Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Royal Bank of Canada reiterated a “sector perform” rating and set a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. Evercore ISI boosted their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Finally, TD Cowen dropped their price objective on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a report on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $39.91.

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.