Mitsubishi UFJ Trust & Banking Corp increased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,205 shares of the company's stock after buying an additional 4,005 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.05% of Take-Two Interactive Software worth $16,421,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. boosted its holdings in Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after acquiring an additional 54 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock valued at $3,157,000 after purchasing an additional 57 shares during the period. Principal Securities Inc. boosted its position in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock valued at $189,000 after purchasing an additional 58 shares in the last quarter. Y.D. More Investments Ltd boosted its position in shares of Take-Two Interactive Software by 2.0% during the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after purchasing an additional 61 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its stake in Take-Two Interactive Software by 2.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company's stock worth $542,000 after purchasing an additional 73 shares during the period. 95.46% of the stock is currently owned by institutional investors.
Take-Two Interactive Software Stock Performance
Shares of NASDAQ TTWO traded up $1.05 during trading on Tuesday, hitting $208.30. The company had a trading volume of 975,168 shares, compared to its average volume of 1,749,991. The stock has a 50 day simple moving average of $203.65 and a 200 day simple moving average of $183.42. The firm has a market capitalization of $36.76 billion, a P/E ratio of -9.77, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month 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 Ratings Changes
TTWO has been the subject of several recent research reports. Ascendiant Capital Markets raised their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Oppenheimer raised their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. Moffett Nathanson raised 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. StockNews.com downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Finally, Raymond James reiterated an "outperform" rating and set a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and an average target price of $213.38.
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Take-Two Interactive Software Profile
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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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