Rathbones Group PLC lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 7.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 193,853 shares of the company's stock after purchasing an additional 14,000 shares during the period. Rathbones Group PLC owned approximately 0.11% of Take-Two Interactive Software worth $35,684,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Polymer Capital Management US LLC purchased a new stake in Take-Two Interactive Software during the fourth quarter valued at about $296,000. Wellspring Financial Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $217,000. Cerity Partners LLC boosted its stake in Take-Two Interactive Software by 10.7% in the 4th quarter. Cerity Partners LLC now owns 8,362 shares of the company's stock worth $1,539,000 after purchasing an additional 806 shares during the period. FMR LLC grew its position in Take-Two Interactive Software by 67.7% during the 4th quarter. FMR LLC now owns 960,654 shares of the company's stock worth $176,837,000 after purchasing an additional 387,923 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in Take-Two Interactive Software by 34.3% during the 4th quarter. Russell Investments Group Ltd. now owns 41,313 shares of the company's stock valued at $7,610,000 after purchasing an additional 10,540 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on TTWO shares. Wedbush restated an "outperform" rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Moffett Nathanson raised their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Oppenheimer upped their price objective 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. Stifel Nicolaus boosted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. Finally, The Goldman Sachs Group lifted their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a report on Friday, February 7th. One equities research 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 MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus target price of $213.38.
Read Our Latest Report on TTWO
Take-Two Interactive Software Stock Performance
Shares of TTWO traded up $7.66 on Friday, reaching $212.07. 2,647,762 shares of the stock traded hands, compared to its average volume of 1,642,895. The firm has a market cap of $37.43 billion, a price-to-earnings ratio of -9.94, a P/E/G ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $220.93. The stock's 50-day moving average price is $207.52 and its 200-day moving average price is $187.00. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.
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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