Korea Investment CORP grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 229.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,493 shares of the company's stock after purchasing an additional 55,367 shares during the quarter. Korea Investment CORP's holdings in Take-Two Interactive Software were worth $14,633,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software during the 3rd quarter worth $27,000. Assetmark Inc. grew 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 acquiring an additional 106 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after acquiring an additional 87 shares during the period. Friedenthal Financial bought a new stake in Take-Two Interactive Software in the 4th quarter valued at about $50,000. Finally, First Horizon Advisors Inc. boosted its stake in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after purchasing an additional 54 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Take-Two Interactive Software Trading Down 0.7 %
Shares of NASDAQ:TTWO traded down $1.47 during midday trading on Thursday, reaching $209.63. The company had a trading volume of 1,208,899 shares, compared to its average volume of 1,600,970. The company has a fifty day simple moving average of $204.61 and a two-hundred day simple moving average of $184.02. The firm has a market cap of $37.00 billion, a price-to-earnings ratio of -9.83, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on TTWO. Moffett Nathanson lifted their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Oppenheimer boosted their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. increased their price target on 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. Citigroup lifted their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. Finally, Ascendiant Capital Markets raised 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 research note on Monday, March 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $213.38.
Check Out Our Latest Research Report on TTWO
Take-Two Interactive Software Company Profile
(
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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