Thrivent Financial for Lutherans Grows Stake in Teradata Co. (NYSE:TDC)

Thrivent Financial for Lutherans increased its holdings in shares of Teradata Co. (NYSE:TDC - Free Report) by 72.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 40,683 shares of the technology company's stock after purchasing 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 filing with the SEC.

Several other large investors also recently modified their holdings of TDC. M&G Plc boosted its position in shares of Teradata by 2,920.3% during the 2nd quarter. M&G Plc now owns 1,183,683 shares of the technology company's stock worth $41,429,000 after acquiring an additional 1,144,492 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Teradata by 60.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company's stock valued at $73,827,000 after purchasing an additional 808,691 shares in the last quarter. Lynrock Lake LP increased 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 purchasing an additional 600,000 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Teradata by 828.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company's stock worth $13,485,000 after buying an additional 396,584 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of Teradata by 27.5% during the 2nd quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company's stock worth $58,827,000 after buying an additional 367,641 shares during the last quarter. 90.31% of the stock is owned by institutional investors.

Teradata Stock Up 1.7 %

TDC traded up $0.51 during midday trading on Monday, hitting $31.41. The company had a trading volume of 921,398 shares, compared to its average volume of 938,737. The stock's 50 day moving average price is $30.76 and its 200 day moving average price is $30.91. Teradata Co. has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 36.79, a PEG ratio of 3.04 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The business had revenue of $440.00 million during the quarter, compared to the consensus estimate of $417.71 million. During the same quarter last year, the firm posted $0.14 EPS. Teradata's revenue was up .5% compared to the same quarter last year. On average, research analysts anticipate that Teradata Co. will post 1.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDC has been the subject of several research analyst reports. TD Cowen lowered their target price on Teradata from $37.00 to $29.00 and set a "hold" rating for the company in a research note on Tuesday, August 6th. StockNews.com upgraded shares of Teradata from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, August 6th. JMP Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating in a report on Tuesday, August 6th. Morgan Stanley lowered their target price on Teradata from $44.00 to $30.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 6th. Finally, Evercore ISI upped their price target on Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a research report on Tuesday, October 15th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $39.91.

Insider Buying and Selling

In other Teradata news, insider Hillary Ashton sold 14,962 shares of Teradata 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 directly owns 121,382 shares of the company's stock, valued at $3,341,646.46. The trade was a 10.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.92% of the stock is currently owned by company insiders.

Teradata 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.