Tableau Software Inc (NYSE:DATA) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio reduced its position in Tableau Software Inc (NYSE:DATA) by 43.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,773 shares of the software company’s stock after selling 20,815 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Tableau Software were worth $4,445,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. O Shares Investment Advisers LLC acquired a new position in Tableau Software in the 1st quarter valued at $341,000. ARP Americas LP grew its holdings in shares of Tableau Software by 2,763.7% during the 2nd quarter. ARP Americas LP now owns 307,022 shares of the software company’s stock worth $50,972,000 after purchasing an additional 296,301 shares during the period. Wellington Shields Capital Management LLC grew its holdings in shares of Tableau Software by 20.0% during the 1st quarter. Wellington Shields Capital Management LLC now owns 3,000 shares of the software company’s stock worth $382,000 after purchasing an additional 500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Tableau Software by 10.2% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,380 shares of the software company’s stock worth $5,044,000 after purchasing an additional 2,800 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of Tableau Software during the 2nd quarter worth $26,248,000. 88.84% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently weighed in on the company. BTIG Research cut Tableau Software from a “buy” rating to a “neutral” rating in a report on Monday, June 10th. Wedbush cut 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. First Analysis cut Tableau Software from an “outperform” rating to a “neutral” rating and set a $164.06 target price for the company. in a report on Wednesday, June 12th. KeyCorp raised their target price on Tableau Software from $158.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, June 7th. Finally, Citigroup cut Tableau Software from a “buy” rating to a “neutral” rating and raised their target price for the company from $156.00 to $178.00 in a report on Wednesday, June 12th. Fourteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $148.38.

DATA remained flat at $$169.53 during trading on Friday. The firm has a market capitalization of $14.61 billion, a price-to-earnings ratio of -53.14 and a beta of 1.49. Tableau Software Inc has a 52 week low of $94.81 and a 52 week high of $177.59. The firm has a fifty day simple moving average of $170.31 and a 200-day simple moving average of $145.16. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.25.

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.

See Also: Why are trading ranges significant?

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

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