Elwood Capital Partners LP Acquires Shares of 5,000 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Elwood Capital Partners LP 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 SEC. The fund acquired 5,000 shares of the company's stock, valued at approximately $920,000. Take-Two Interactive Software accounts for approximately 0.9% of Elwood Capital Partners LP's investment portfolio, making the stock its 20th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the stock. Wealthfront Advisers LLC boosted its holdings in Take-Two Interactive Software by 1,630,798.7% in the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the period. Vanguard Group Inc. boosted 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 buying an additional 99,909 shares during the period. State Street Corp boosted its stake in Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company's stock valued at $1,675,241,000 after buying an additional 880,816 shares during the period. Geode Capital Management LLC increased its stake in Take-Two Interactive Software by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company's stock worth $754,671,000 after acquiring an additional 99,279 shares during the last quarter. Finally, Norges Bank bought a new position in Take-Two Interactive Software in the 4th quarter worth about $495,086,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. StockNews.com lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Ascendiant Capital Markets boosted their price target 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. Wedbush restated an "outperform" rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Benchmark reiterated a "buy" rating and issued a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $213.38.

Take-Two Interactive Software Trading Down 1.0 %

Take-Two Interactive Software stock traded down $2.17 during trading hours on Thursday, reaching $208.93. The stock had a trading volume of 2,323,909 shares, compared to its average volume of 1,605,205. The company has a fifty day simple moving average of $204.61 and a 200-day simple moving average of $184.02. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $220.93. The stock has a market cap of $36.88 billion, a PE ratio of -9.80, a PEG ratio of 6.83 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

About Take-Two Interactive Software

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.