Harvest Fund Management Co. Ltd Grows Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Harvest Fund Management Co. Ltd increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 49.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,067 shares of the company's stock after acquiring an additional 3,985 shares during the period. Harvest Fund Management Co. Ltd's holdings in Take-Two Interactive Software were worth $2,221,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TTWO. First Horizon Advisors Inc. increased its position in shares of Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after acquiring an additional 54 shares during the period. Fifth Third Bancorp lifted its position in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock valued at $3,157,000 after buying an additional 57 shares during the last quarter. Principal Securities Inc. grew its holdings in Take-Two Interactive Software by 6.0% in the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock worth $189,000 after purchasing an additional 58 shares during the last quarter. Y.D. More Investments Ltd increased its position in Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after buying an additional 61 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Take-Two Interactive Software by 2.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company's stock valued at $542,000 after acquiring an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TTWO. Benchmark reissued a "buy" rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. Oppenheimer upped their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a report on Tuesday, January 21st. BMO Capital Markets restated an "outperform" rating and issued a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Finally, Ascendiant Capital Markets lifted their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $213.38.

Take-Two Interactive Software Stock Up 0.0 %

Shares of Take-Two Interactive Software stock traded up $0.04 during trading hours on Monday, hitting $213.51. The company had a trading volume of 1,452,909 shares, compared to its average volume of 1,553,731. The company's 50-day moving average is $199.99 and its two-hundred day moving average is $180.96. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $37.68 billion, a P/E ratio of -10.01, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.

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.