Thrivent Financial for Lutherans Sells 17,976 Shares of Teradata Co. (NYSE:TDC)

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

Other hedge funds also recently modified their holdings of the company. Point72 Asset Management L.P. acquired a new stake in Teradata during the third quarter worth approximately $27,000. Independence Bank of Kentucky bought a new position in shares of Teradata during the fourth quarter worth approximately $37,000. Groupama Asset Managment bought a new stake in Teradata in the 3rd quarter valued at $50,000. GAMMA Investing LLC boosted its stake in Teradata by 91.5% in the 4th quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company’s stock valued at $57,000 after purchasing an additional 874 shares during the period. Finally, Venturi Wealth Management LLC grew its holdings in Teradata by 20.9% in the 4th 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.

Analysts Set New Price Targets

Several analysts have weighed in on TDC shares. Guggenheim dropped their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Barclays cut their price target on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research note on Wednesday, February 12th. JMP Securities restated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Evercore ISI dropped their price objective on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Finally, StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 29th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $34.40.

Teradata Price Performance

TDC stock opened at $22.92 on Thursday. The firm has a 50 day simple moving average of $25.79 and a two-hundred day simple moving average of $29.19. The stock has a market cap of $2.17 billion, a PE ratio of 19.59, a P/E/G ratio of 6.23 and a beta of 0.75. Teradata Co. has a one year low of $21.80 and a one year high of $38.99. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79.

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

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.