Massachusetts Financial Services Co. MA trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,269,216 shares of the company's stock after selling 124,017 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 3.00% of Take-Two Interactive Software worth $969,957,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. Itau Unibanco Holding S.A. acquired a new stake in shares of Take-Two Interactive Software in the third quarter valued at about $27,000. Assetmark Inc. lifted its holdings in Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after buying an additional 106 shares during the period. Versant Capital Management Inc lifted its stake 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 valued at $34,000 after purchasing an additional 87 shares during the period. Friedenthal Financial acquired a new position in shares of Take-Two Interactive Software during the 4th quarter valued at $50,000. Finally, First Horizon Advisors Inc. raised its holdings 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 purchasing an additional 54 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
TTWO has been the subject of several recent research reports. Wedbush reissued an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a research report on Friday, February 7th. DA Davidson assumed coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price target for the company. Citigroup raised their price objective on 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. JPMorgan Chase & Co. upped 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 research note on Wednesday, December 18th. Finally, Moffett Nathanson lifted their target price 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $213.38.
Read Our Latest Stock Report on TTWO
Take-Two Interactive Software Stock Performance
Shares of TTWO stock traded down $2.17 during trading on Thursday, reaching $208.93. 2,323,909 shares of the company's stock traded hands, compared to its average volume of 1,605,123. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93. The firm's 50-day moving average is $205.12 and its 200 day moving average is $184.19. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $36.88 billion, a P/E ratio of -9.80, a PEG ratio of 6.83 and a beta of 0.82.
About Take-Two Interactive Software
(
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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