Alliancebernstein L.P. Buys 10,039 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Alliancebernstein L.P. raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 300,583 shares of the company's stock after acquiring an additional 10,039 shares during the quarter. Alliancebernstein L.P. owned approximately 0.17% of Take-Two Interactive Software worth $55,331,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. grew its stake in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after acquiring an additional 106 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after acquiring an additional 87 shares in the last quarter. Friedenthal Financial bought a new position in shares of Take-Two Interactive Software during the 4th quarter worth approximately $50,000. First Horizon Advisors Inc. grew its stake in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after acquiring an additional 54 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in shares of Take-Two Interactive Software by 36.3% during the 4th quarter. UMB Bank n.a. now owns 327 shares of the company's stock worth $60,000 after acquiring an additional 87 shares in the last quarter. 95.46% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on TTWO shares. Citigroup raised their price target on shares of 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 reissued an "outperform" rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. Ascendiant Capital Markets increased their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Raymond James reissued an "outperform" rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, StockNews.com downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $213.38.

Take-Two Interactive Software Stock Performance

TTWO stock traded down $7.36 during midday trading on Thursday, hitting $200.77. The company's stock had a trading volume of 432,920 shares, compared to its average volume of 1,628,828. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock's 50-day moving average price is $206.59 and its 200 day moving average price is $186.20. The stock has a market cap of $35.44 billion, a price-to-earnings ratio of -9.48, a PEG ratio of 6.83 and a beta of 1.01.

Take-Two Interactive Software Company Profile

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.