First Trust Advisors LP Cuts Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

First Trust Advisors LP lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 26.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 122,423 shares of the company's stock after selling 45,095 shares during the period. First Trust Advisors LP owned about 0.07% of Take-Two Interactive Software worth $22,536,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Capital International Ltd. CA increased its stake in shares of Take-Two Interactive Software by 2.6% during the 4th quarter. Capital International Ltd. CA now owns 11,840 shares of the company's stock worth $2,180,000 after purchasing an additional 302 shares during the last quarter. Capital International Investors grew its holdings in Take-Two Interactive Software by 9.5% during 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 period. Capital International Sarl increased its position in Take-Two Interactive Software by 5.6% in the fourth quarter. Capital International Sarl now owns 15,638 shares of the company's stock worth $2,879,000 after buying an additional 830 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Take-Two Interactive Software by 4.2% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 258,992 shares of the company's stock valued at $47,650,000 after buying an additional 10,487 shares during the period. Finally, Dean Investment Associates LLC lifted its position in shares of Take-Two Interactive Software by 4.5% during the 4th quarter. Dean Investment Associates LLC now owns 16,438 shares of the company's stock valued at $3,026,000 after buying an additional 713 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. StockNews.com cut Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. The Goldman Sachs Group upped their price target 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. DA Davidson assumed coverage on shares of Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a "buy" rating and a $250.00 price objective for the company. Wedbush reissued an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their price target for the stock from $175.00 to $230.00 in a report on Monday, January 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $213.86.

Take-Two Interactive Software Trading Up 1.2 %

NASDAQ TTWO opened at $225.38 on Friday. 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 stock's 50-day simple moving average is $209.30 and its two-hundred day simple moving average is $191.07. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $225.49. The company has a market capitalization of $39.78 billion, a price-to-earnings ratio of -10.57, a PEG ratio of 6.83 and a beta of 1.01.

Take-Two Interactive Software 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.

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