Landscape Capital Management L.L.C. acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,834 shares of the company's stock, valued at approximately $1,442,000.
Other hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its holdings in Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after buying an additional 142,450,266 shares during the last quarter. Vanguard Group Inc. increased its stake in Take-Two Interactive Software by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock valued at $3,563,690,000 after purchasing an additional 99,909 shares during the last quarter. State Street Corp lifted its position in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after buying an additional 880,816 shares during the last quarter. Geode Capital Management LLC boosted its stake in Take-Two Interactive Software by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company's stock valued at $754,671,000 after acquiring an additional 99,279 shares during the period. Finally, Norges Bank bought a new position in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $495,086,000. 95.46% of the stock is owned by institutional investors and hedge funds.
Take-Two Interactive Software Trading Down 3.6 %
NASDAQ TTWO traded down $7.53 on Thursday, hitting $200.60. 929,516 shares of the stock were exchanged, compared to its average volume of 1,630,690. The company's 50-day moving average price is $206.59 and its two-hundred day moving average price is $186.20. The company has a market capitalization of $35.41 billion, a price-to-earnings ratio of -9.41, a P/E/G ratio of 6.83 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Oppenheimer boosted their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. The Goldman Sachs Group lifted their price objective on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, February 7th. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their price target for the company from $175.00 to $230.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. Finally, Ascendiant Capital Markets lifted their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $213.38.
Check Out Our Latest Report on Take-Two Interactive Software
About Take-Two Interactive Software
(
Free Report)
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.
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