Taikang Asset Management Hong Kong Co Ltd Decreases Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Taikang Asset Management Hong Kong Co Ltd cut its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,779 shares of the company's stock after selling 8,779 shares during the quarter. Taikang Asset Management Hong Kong Co Ltd's holdings in Take-Two Interactive Software were worth $1,616,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Wealthfront Advisers LLC lifted its position in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. State Street Corp lifted its holdings in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company's stock valued at $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Take-Two Interactive Software in the fourth quarter worth about $115,133,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Take-Two Interactive Software by 10.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company's stock worth $651,817,000 after acquiring an additional 417,325 shares in the last quarter. Finally, Amundi increased its stake in Take-Two Interactive Software by 74.8% during the fourth quarter. Amundi now owns 741,045 shares of the company's stock worth $136,160,000 after acquiring an additional 317,048 shares during the last quarter. Institutional investors own 95.46% of the company's stock.

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Take-Two Interactive Software Stock Down 2.0 %

Shares of NASDAQ:TTWO traded down $4.22 on Friday, reaching $210.07. The company had a trading volume of 466,302 shares, compared to its average volume of 1,591,478. The firm has a market capitalization of $37.08 billion, a PE ratio of -9.86, a PEG ratio of 6.83 and a beta of 0.82. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93. The firm's 50 day simple moving average is $202.75 and its 200-day simple moving average is $182.25.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TTWO shares. Moffett Nathanson raised their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Citigroup raised their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. BMO Capital Markets reiterated an "outperform" rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Benchmark reissued a "buy" rating and issued a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Raymond James reaffirmed an "outperform" rating and set a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.