Mizuho Securities USA LLC raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 46.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,480 shares of the company's stock after acquiring an additional 4,909 shares during the quarter. Mizuho Securities USA LLC's holdings in Take-Two Interactive Software were worth $2,850,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. First Horizon Advisors Inc. raised its stake in Take-Two Interactive Software by 24.2% in the 4th 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 last quarter. Fifth Third Bancorp boosted its position in Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock worth $3,157,000 after acquiring an additional 57 shares during the last quarter. Principal Securities Inc. grew its stake in Take-Two Interactive Software by 6.0% during the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock valued at $189,000 after acquiring an additional 58 shares in the last quarter. Y.D. More Investments Ltd lifted its stake in Take-Two Interactive Software by 2.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock worth $563,000 after purchasing an additional 61 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Take-Two Interactive Software by 2.5% during the 4th 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 last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.
Take-Two Interactive Software Stock Up 2.1 %
TTWO stock traded up $4.44 during midday trading on Tuesday, reaching $217.95. 1,360,498 shares of the company were exchanged, compared to its average volume of 1,544,303. The stock's 50-day simple moving average is $200.69 and its 200 day simple moving average is $181.36. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $218.75. 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 company has a market cap of $38.47 billion, a price-to-earnings ratio of -10.22, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Oppenheimer raised their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. upped their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, December 18th. Citigroup raised their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. Wedbush restated an "outperform" rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Ascendiant Capital Markets increased their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. One 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 given a strong buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average target price of $213.38.
Read Our Latest Research Report on Take-Two Interactive Software
Take-Two Interactive Software Profile
(
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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