Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 11.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 273,731 shares of the company's stock after purchasing an additional 28,243 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.16% of Take-Two Interactive Software worth $51,667,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Davis R M Inc. raised its position in shares of 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. Fiduciary Alliance LLC bought a new stake in Take-Two Interactive Software during the fourth quarter worth approximately $734,000. Paloma Partners Management Co acquired a new stake in Take-Two Interactive Software in the third quarter worth approximately $20,290,000. Legacy Trust boosted its stake in Take-Two Interactive Software by 8.9% during the 4th quarter. Legacy Trust now owns 25,772 shares of the company's stock valued at $4,744,000 after purchasing an additional 2,115 shares in the last quarter. Finally, Summit Place Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software during the 4th quarter valued at $748,000. Institutional investors and hedge funds own 95.46% of the company's stock.
Take-Two Interactive Software Price Performance
Take-Two Interactive Software stock traded up $0.87 on Tuesday, reaching $208.12. The company's stock had a trading volume of 975,168 shares, compared to its average volume of 1,597,171. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $220.93. The company has a market cap of $36.73 billion, a price-to-earnings ratio of -9.77, a PEG ratio of 6.83 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The business's fifty day moving average price is $203.65 and its 200 day moving average price is $183.42.
Analyst Ratings Changes
Several analysts have recently weighed in on TTWO shares. Ascendiant Capital Markets upped their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Oppenheimer increased their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. StockNews.com lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a research report on Wednesday, December 18th. Finally, Raymond James restated an "outperform" rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One equities 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 assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $213.38.
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About Take-Two Interactive Software
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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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