Invesco Ltd. lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,680,814 shares of the company's stock after selling 108,368 shares during the period. Invesco Ltd. owned 1.53% of Take-Two Interactive Software worth $493,484,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Assetmark Inc. grew its holdings in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares during the period. Versant Capital Management Inc lifted its position in Take-Two Interactive Software by 87.0% in the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company's stock valued at $34,000 after buying an additional 87 shares during the last quarter. Friedenthal Financial purchased a new position in Take-Two Interactive Software during the fourth quarter worth about $50,000. 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 valued at $51,000 after acquiring an additional 54 shares during the last quarter. Finally, Mizuho Bank Ltd. purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $53,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
TTWO has been the subject of a number of research reports. UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $175.00 to $230.00 in a research note on Monday, January 27th. The Goldman Sachs Group lifted their target price 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. Moffett Nathanson increased their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Ascendiant Capital Markets lifted their price objective 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. Finally, JPMorgan Chase & Co. increased their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $213.38.
Read Our Latest Analysis on TTWO
Take-Two Interactive Software Price Performance
Shares of TTWO traded up $1.38 during trading hours on Monday, reaching $213.45. 354,418 shares of the company traded hands, compared to its average volume of 1,636,147. The stock has a market capitalization of $37.67 billion, a PE ratio of -10.01, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. 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 has a fifty day simple moving average of $207.52 and a 200 day simple moving average of $187.25.
About Take-Two Interactive Software
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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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