Boston Partners Cuts Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Boston Partners reduced its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 63.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 616,885 shares of the company's stock after selling 1,075,006 shares during the period. Boston Partners owned approximately 0.35% of Take-Two Interactive Software worth $113,574,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Itau Unibanco Holding S.A. purchased a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth $27,000. Assetmark Inc. boosted its position in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after purchasing an additional 87 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth $31,000. Finally, Friedenthal Financial purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $50,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TTWO shares. Citigroup boosted their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. StockNews.com cut 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 increased 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 note on Friday, February 7th. BMO Capital Markets reissued an "outperform" rating and issued a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Finally, DA Davidson started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a "buy" rating and a $250.00 price objective on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $213.38.

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Take-Two Interactive Software Trading Up 1.8 %

Shares of TTWO stock traded up $3.84 during trading hours on Friday, hitting $213.47. 3,631,747 shares of the company were exchanged, compared to its average volume of 1,554,137. The firm has a market cap of $37.68 billion, a PE ratio of -10.01, a PEG ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $218.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average of $199.99 and a 200 day moving average of $180.80.

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.