Brown Brothers Harriman & Co. Boosts Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Brown Brothers Harriman & Co. raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 15.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,194 shares of the company's stock after buying an additional 32,875 shares during the quarter. Brown Brothers Harriman & Co. owned about 0.14% of Take-Two Interactive Software worth $46,240,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $27,000. Assetmark Inc. raised its position in Take-Two Interactive Software by 155.9% during 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 stake 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 valued at $34,000 after purchasing an additional 87 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at approximately $31,000. Finally, Friedenthal Financial bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $50,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on TTWO. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Benchmark reaffirmed a "buy" rating and set a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. StockNews.com lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. BMO Capital Markets restated an "outperform" rating and set a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Finally, DA Davidson began coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a "buy" rating and a $250.00 price target on the stock. 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 given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $213.38.

Take-Two Interactive Software Stock Up 0.9 %

Shares of NASDAQ:TTWO traded up $1.79 on Wednesday, reaching $211.92. The company had a trading volume of 658,025 shares, compared to its average volume of 1,597,277. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $37.40 billion, a PE ratio of -9.94, a PEG ratio of 6.83 and a beta of 0.82. 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 $204.15 and its 200-day simple moving average is $183.83.

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.