Polymer Capital Management US LLC Invests $296,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Polymer Capital Management US LLC acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,610 shares of the company's stock, valued at approximately $296,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Assetmark Inc. boosted its holdings in shares of 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 purchasing an additional 106 shares during the period. Versant Capital Management Inc lifted its holdings 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 worth $34,000 after buying an additional 87 shares during the period. Friedenthal Financial bought a new position in shares of Take-Two Interactive Software during the 4th quarter worth $50,000. First Horizon Advisors Inc. increased its stake 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 buying an additional 54 shares during the period. Finally, Mizuho Bank Ltd. bought a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at about $53,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Up 3.7 %

Shares of NASDAQ:TTWO traded up $7.66 during midday trading on Friday, hitting $212.07. 2,647,762 shares of the company's stock traded hands, compared to its average volume of 1,641,157. 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 $37.43 billion, a PE ratio of -9.94, a P/E/G ratio of 6.83 and a beta of 1.01. 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 firm's fifty day moving average price is $207.52 and its two-hundred day moving average price is $187.25.

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Analysts Set New Price Targets

A number of research analysts have commented on the stock. Moffett Nathanson raised their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. DA Davidson began coverage on shares of Take-Two Interactive Software in a report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price objective on the stock. Stifel Nicolaus boosted their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. Raymond James reiterated an "outperform" rating and issued a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. boosted their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, one has assigned 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.com, the stock has an average rating of "Moderate Buy" and an average price target of $213.38.

About Take-Two Interactive Software

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.