LPL Financial LLC Increases Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

LPL Financial LLC boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,872 shares of the company's stock after purchasing an additional 7,949 shares during the period. LPL Financial LLC owned 0.06% of Take-Two Interactive Software worth $18,569,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new stake in Take-Two Interactive Software in the fourth quarter valued at $10,603,000. Sei Investments Co. increased its stake in shares of Take-Two Interactive Software by 14.3% in the fourth quarter. Sei Investments Co. now owns 76,755 shares of the company's stock valued at $14,129,000 after buying an additional 9,614 shares during the period. Mizuho Securities USA LLC increased its stake in shares of Take-Two Interactive Software by 46.4% in the fourth quarter. Mizuho Securities USA LLC now owns 15,480 shares of the company's stock valued at $2,850,000 after buying an additional 4,909 shares during the period. TD Private Client Wealth LLC raised its position in shares of Take-Two Interactive Software by 9.9% during the fourth quarter. TD Private Client Wealth LLC now owns 1,087 shares of the company's stock worth $200,000 after acquiring an additional 98 shares during the last quarter. Finally, Lee Danner & Bass Inc. acquired a new position in shares of Take-Two Interactive Software in the fourth quarter worth approximately $61,000. 95.46% of the stock is currently owned by institutional investors.

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Take-Two Interactive Software Stock Down 6.9 %

Shares of NASDAQ:TTWO traded down $14.35 during mid-day trading on Friday, hitting $194.58. 3,683,743 shares of the company traded hands, compared to its average volume of 1,614,838. The stock has a 50-day moving average price of $205.30 and a two-hundred day moving average price of $184.70. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $220.93. The stock has a market cap of $34.34 billion, a P/E ratio of -9.12, a P/E/G 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.

Analysts Set New Price Targets

Several research firms recently issued reports on TTWO. Benchmark restated a "buy" rating and issued a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Wedbush reissued an "outperform" rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their target price for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Moffett Nathanson lifted their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Finally, Citigroup increased their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average price target of $213.38.

Take-Two Interactive Software Company 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.