5,282 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Purchased by Allstate Corp

Allstate Corp purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,282 shares of the company's stock, valued at approximately $972,000.

A number of other large investors have also added to or reduced their stakes in TTWO. Cerity Partners LLC increased its holdings in shares of Take-Two Interactive Software by 35.3% in the third quarter. Cerity Partners LLC now owns 7,556 shares of the company's stock worth $1,161,000 after buying an additional 1,973 shares during the period. The Manufacturers Life Insurance Company grew its position in Take-Two Interactive Software by 1.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company's stock worth $15,084,000 after acquiring an additional 1,339 shares during the last quarter. Public Sector Pension Investment Board increased its stake in Take-Two Interactive Software by 19.6% in the 3rd quarter. Public Sector Pension Investment Board now owns 6,719 shares of the company's stock worth $1,033,000 after purchasing an additional 1,100 shares during the period. Erste Asset Management GmbH bought a new stake in Take-Two Interactive Software in the third quarter valued at approximately $4,777,000. Finally, Paloma Partners Management Co bought a new stake in Take-Two Interactive Software in the third quarter valued at approximately $20,290,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on TTWO. Ascendiant Capital Markets lifted their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. StockNews.com downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. The Goldman Sachs Group raised their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, DA Davidson assumed coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price target for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target of $213.38.

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Take-Two Interactive Software Stock Down 1.0 %

Shares of NASDAQ TTWO traded down $2.17 on Thursday, reaching $208.93. 2,323,907 shares of the company's stock traded hands, compared to its average volume of 1,605,203. The business's 50 day simple moving average is $204.61 and its two-hundred day simple moving average is $184.02. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $220.93. The company has a market cap of $36.88 billion, a price-to-earnings ratio of -9.80, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

Take-Two Interactive Software Company Profile

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.