Lbp Am Sa Invests $2.13 Million in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

LBP AM SA purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 11,556 shares of the company's stock, valued at approximately $2,127,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Davis R M Inc. lifted its position in Take-Two Interactive Software by 4.9% during the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company's stock worth $42,233,000 after buying an additional 10,701 shares in the last quarter. Swiss National Bank lifted its position in Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company's stock worth $75,857,000 after buying an additional 13,200 shares in the last quarter. CIBC Asset Management Inc lifted its position in Take-Two Interactive Software by 9.1% during the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company's stock worth $8,200,000 after buying an additional 4,456 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in Take-Two Interactive Software during the 4th quarter worth about $734,000. Finally, Paloma Partners Management Co bought a new stake in Take-Two Interactive Software during the 3rd quarter worth about $20,290,000. 95.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Benchmark restated a "buy" rating and set a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Stifel Nicolaus boosted their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. BMO Capital Markets restated an "outperform" rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Moffett Nathanson boosted their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Finally, JPMorgan Chase & Co. boosted their price objective 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $213.38.

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Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded up $0.77 on Thursday, reaching $209.63. 1,328,909 shares of the company's stock were exchanged, compared to its average volume of 1,552,004. The company has a fifty day moving average of $198.78 and a 200-day moving average of $180.06. 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 market capitalization of $37.00 billion, a price-to-earnings ratio of -9.83, a PEG ratio of 6.83 and a beta of 0.82. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.

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.