Seeyond Lowers Holdings in Tableau Software Inc (NYSE:DATA)

Seeyond decreased its position in Tableau Software Inc (NYSE:DATA) by 18.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 740 shares of the software company’s stock after selling 164 shares during the period. Seeyond’s holdings in Tableau Software were worth $123,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DATA. AGF Investments LLC lifted its holdings in Tableau Software by 24.1% during the second quarter. AGF Investments LLC now owns 319 shares of the software company’s stock worth $53,000 after buying an additional 62 shares during the period. Carroll Financial Associates Inc. lifted its holdings in Tableau Software by 40.6% during the second quarter. Carroll Financial Associates Inc. now owns 381 shares of the software company’s stock worth $63,000 after buying an additional 110 shares during the period. Pittenger & Anderson Inc. lifted its holdings in Tableau Software by 100.0% during the first quarter. Pittenger & Anderson Inc. now owns 500 shares of the software company’s stock worth $64,000 after buying an additional 250 shares during the period. Manchester Capital Management LLC purchased a new stake in Tableau Software during the first quarter worth $72,000. Finally, Stephens Inc. AR lifted its holdings in Tableau Software by 335.9% during the first quarter. Stephens Inc. AR now owns 571 shares of the software company’s stock worth $73,000 after buying an additional 440 shares during the period. Hedge funds and other institutional investors own 88.84% of the company’s stock.

Shares of NYSE DATA remained flat at $$169.53 during mid-day trading on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.62 and a quick ratio of 2.62. The business has a 50 day simple moving average of $170.21 and a 200-day simple moving average of $145.34. Tableau Software Inc has a 1-year low of $94.81 and a 1-year high of $177.59. The firm has a market capitalization of $14.61 billion, a PE ratio of -53.14 and a beta of 1.49.



A number of research firms have weighed in on DATA. Zacks Investment Research upgraded Tableau Software from a “hold” rating to a “buy” rating and set a $189.00 target price for the company in a report on Wednesday, July 3rd. Needham & Company LLC lowered Tableau Software from a “buy” rating to a “hold” rating in a report on Monday, June 10th. Citigroup lowered Tableau Software from a “buy” rating to a “neutral” rating and upped their target price for the stock from $156.00 to $178.00 in a report on Wednesday, June 12th. Wedbush lowered Tableau Software from an “outperform” rating to a “neutral” rating and set a $171.89 target price for the company. in a report on Thursday, June 20th. Finally, Goldman Sachs Group began coverage on Tableau Software in a research report on Friday, June 7th. They set a “buy” rating and a $146.00 price target on the stock. Fourteen research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Tableau Software currently has a consensus rating of “Hold” and an average price target of $148.38.

Tableau Software Profile

Tableau Software, Inc, together with its subsidiaries, provides business analytics software products. It offers Tableau Desktop, a self-service, powerful analytics product with data; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service version of Tableau Server; Tableau Prep, a data preparation product for combining, shaping, and cleaning data; and Tableau Public, a cloud-based platform for analyzing and sharing public data.

Further Reading: Diluted Earnings Per Share

Institutional Ownership by Quarter for Tableau Software (NYSE:DATA)

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