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

Thrivent Financial for Lutherans cut its stake in shares of Teradata Co. (NYSE:TDC - Free Report) by 44.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Point72 Asset Management L.P. purchased a new position in shares of Teradata during the 3rd quarter valued at about $27,000. Independence Bank of Kentucky purchased a new position in Teradata during the fourth quarter valued at approximately $37,000. Groupama Asset Managment purchased a new position in Teradata during the third quarter valued at approximately $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 purchasing an additional 874 shares during the period. Finally, Venturi Wealth Management LLC increased 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 worth $66,000 after purchasing an additional 365 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

Teradata Price Performance

Shares of NYSE TDC traded down $1.57 during midday trading on Friday, reaching $19.73. 1,487,060 shares of the stock traded hands, compared to its average volume of 1,028,201. The company's 50 day moving average is $25.33 and its 200 day moving average is $29.07. Teradata Co. has a one year low of $19.43 and a one year high of $38.82. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The stock has a market capitalization of $1.89 billion, a PE ratio of 16.86, a P/E/G ratio of 6.23 and a beta of 0.87.

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Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings data 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, equities research analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TDC. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a report 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 research note on Wednesday, February 12th. StockNews.com downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 29th. Guggenheim lowered their price target on Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. Finally, Barclays cut their price objective 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. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $34.30.

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.