Erste Asset Management GmbH raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 25.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,110 shares of the company's stock after buying an additional 7,900 shares during the period. Erste Asset Management GmbH's holdings in Take-Two Interactive Software were worth $7,291,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TTWO. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software during the third quarter worth $27,000. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software during the third quarter worth $31,000. Assetmark Inc. lifted its position in shares of Take-Two Interactive Software by 155.9% during the fourth 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 lifted its position in shares of Take-Two Interactive Software by 87.0% during the fourth 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. Finally, AM Squared Ltd acquired a new position in shares of Take-Two Interactive Software during the third quarter worth $46,000. 95.46% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on TTWO. Roth Mkm boosted their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Wedbush restated an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 7th. BMO Capital Markets restated an "outperform" rating and issued a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. JPMorgan Chase & Co. lifted their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. Finally, Benchmark restated a "buy" rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One 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 assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $213.38.
Check Out Our Latest Stock Report on TTWO
Take-Two Interactive Software Stock Performance
Shares of Take-Two Interactive Software stock traded down $2.18 during trading on Tuesday, hitting $204.32. 1,067,538 shares of the stock were exchanged, compared to its average volume of 1,753,840. The stock's fifty day moving average is $197.82 and its 200 day moving average is $179.56. The stock has a market cap of $36.06 billion, a PE ratio of -9.58, a P/E/G ratio of 6.83 and a beta of 0.82. 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 12 month low of $135.24 and a 12 month high of $218.75.
Take-Two Interactive Software Profile
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Free Report)
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.
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