Candriam S.C.A. Increases Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Candriam S.C.A. grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 23.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,571 shares of the company's stock after buying an additional 2,762 shares during the period. Candriam S.C.A.'s holdings in Take-Two Interactive Software were worth $2,682,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TTWO. Citigroup lifted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. Oppenheimer lifted their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. StockNews.com downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. DA Davidson started coverage on 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. Finally, The Goldman Sachs Group lifted their price objective 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $213.38.

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Take-Two Interactive Software Price Performance

Shares of TTWO stock traded up $1.53 on Wednesday, reaching $205.33. 1,414,932 shares of the company were exchanged, compared to its average volume of 1,783,928. The company has a market cap of $36.24 billion, a price-to-earnings ratio of -9.63, a P/E/G ratio of 6.83 and a beta of 0.82. The business has a 50-day moving average price of $196.74 and a 200 day moving average price of $178.49. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $218.75.

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.