Dimensional Fund Advisors LP Purchases 47,634 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Dimensional Fund Advisors LP grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,311,942 shares of the company's stock after purchasing an additional 47,634 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.75% of Take-Two Interactive Software worth $241,514,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of TTWO. Wealthfront Advisers LLC boosted its position in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after acquiring an additional 142,450,266 shares during the last quarter. Norges Bank acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth approximately $495,086,000. Raymond James Financial Inc. purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at approximately $115,133,000. Capital International Investors increased its holdings in shares of Take-Two Interactive Software by 9.5% in the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after purchasing an additional 424,893 shares during the last quarter. Finally, FMR LLC lifted its position in Take-Two Interactive Software by 67.7% during the fourth quarter. FMR LLC now owns 960,654 shares of the company's stock worth $176,837,000 after buying an additional 387,923 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded up $2.69 during trading on Friday, hitting $225.38. 1,533,726 shares of the stock were exchanged, compared to its average volume of 1,640,242. The company has a market capitalization of $39.78 billion, a price-to-earnings ratio of -10.57, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The company's fifty day simple moving average is $209.12 and its 200-day simple moving average is $190.57. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $227.14.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Raymond James reiterated an "outperform" rating and issued a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Ascendiant Capital Markets raised their price target 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. Moffett Nathanson increased their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. The Goldman Sachs Group boosted their price target on 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. Finally, Morgan Stanley cut their price target on Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. One equities research 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. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $213.86.

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.