Sei Investments Co. Grows Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Sei Investments Co. raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 14.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,755 shares of the company's stock after buying an additional 9,614 shares during the quarter. Sei Investments Co.'s holdings in Take-Two Interactive Software were worth $14,129,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TTWO. Cerity Partners LLC lifted its holdings in Take-Two Interactive Software by 35.3% during the third quarter. Cerity Partners LLC now owns 7,556 shares of the company's stock valued at $1,161,000 after purchasing an additional 1,973 shares during the last quarter. Truvestments Capital LLC bought a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Bank of Montreal Can grew its stake in Take-Two Interactive Software by 31.0% in the 3rd quarter. Bank of Montreal Can now owns 260,712 shares of the company's stock valued at $39,902,000 after buying an additional 61,731 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Take-Two Interactive Software by 1.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company's stock valued at $15,084,000 after buying an additional 1,339 shares in the last quarter. Finally, D.A. Davidson & CO. raised its holdings in Take-Two Interactive Software by 2.4% during the 3rd quarter. D.A. Davidson & CO. now owns 9,778 shares of the company's stock valued at $1,503,000 after acquiring an additional 233 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

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Take-Two Interactive Software Trading Up 0.5 %

NASDAQ:TTWO traded up $0.97 during trading hours on Wednesday, reaching $211.10. The company's stock had a trading volume of 1,591,613 shares, compared to its average volume of 1,602,340. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market capitalization of $37.26 billion, a price-to-earnings ratio of -9.90, a PEG ratio of 6.83 and a beta of 0.82. The firm has a 50-day simple moving average of $204.61 and a 200-day simple moving average of $184.02. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TTWO shares. Citigroup lifted their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a "buy" rating in a research report on Wednesday, December 11th. Moffett Nathanson upped their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Wedbush reissued an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. Benchmark reaffirmed a "buy" rating and set a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and increased their target price for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. 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. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $213.38.

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.