Jones Financial Companies Lllp boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 428.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,780 shares of the company's stock after purchasing an additional 1,443 shares during the quarter. Jones Financial Companies Lllp's holdings in Take-Two Interactive Software were worth $328,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in TTWO. Principal Financial Group Inc. raised its stake in Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company's stock valued at $29,127,000 after acquiring an additional 10,491 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Take-Two Interactive Software during the 3rd quarter valued at $74,000. Versor Investments LP bought a new stake in Take-Two Interactive Software during the 3rd quarter valued at $605,000. WCM Investment Management LLC raised its stake in Take-Two Interactive Software by 28.6% during the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company's stock valued at $1,974,000 after acquiring an additional 2,867 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in Take-Two Interactive Software by 2.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company's stock valued at $61,928,000 after acquiring an additional 10,837 shares in the last quarter. Institutional investors own 95.46% of the company's stock.
Take-Two Interactive Software Stock Performance
Shares of TTWO stock opened at $203.80 on Wednesday. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $218.75. 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 company has a market capitalization of $35.97 billion, a price-to-earnings ratio of -9.55, a P/E/G ratio of 6.83 and a beta of 0.82. The stock's fifty day simple moving average is $196.32 and its 200-day simple moving average is $178.30.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Oppenheimer boosted their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 21st. UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. Roth Mkm boosted their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Finally, BMO Capital Markets reissued an "outperform" rating and issued a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average target price of $213.38.
Get Our Latest Report on TTWO
Take-Two Interactive Software Company Profile
(
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.
Read More
Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Take-Two Interactive Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Take-Two Interactive Software wasn't on the list.
While Take-Two Interactive Software currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
