Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 630.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,098 shares of the company's stock after acquiring an additional 5,263 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Take-Two Interactive Software were worth $1,123,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in TTWO. Dimensional Fund Advisors LP lifted its holdings in Take-Two Interactive Software by 3.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,311,942 shares of the company's stock worth $241,514,000 after buying an additional 47,634 shares in the last quarter. Capital International Ltd. CA grew its stake in Take-Two Interactive Software by 2.6% during the 4th quarter. Capital International Ltd. CA now owns 11,840 shares of the company's stock valued at $2,180,000 after purchasing an additional 302 shares in the last quarter. Capital International Investors increased its holdings in Take-Two Interactive Software by 9.5% during the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after purchasing an additional 424,893 shares during the last quarter. Capital International Sarl boosted its stake in shares of Take-Two Interactive Software by 5.6% during the 4th quarter. Capital International Sarl now owns 15,638 shares of the company's stock valued at $2,879,000 after buying an additional 830 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its position in shares of Take-Two Interactive Software by 4.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 258,992 shares of the company's stock worth $47,650,000 after buying an additional 10,487 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $209.97 on Wednesday. The company's 50-day moving average price is $208.75 and its two-hundred day moving average price is $189.92. The stock has a market cap of $37.06 billion, a PE ratio of -9.84, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. 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.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and increased their price objective for the company from $175.00 to $230.00 in a research note on Monday, January 27th. StockNews.com cut Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. DA Davidson assumed coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They issued a "buy" rating and a $250.00 target price for the company. Ascendiant Capital Markets boosted their price target 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. Finally, Oppenheimer raised 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. One equities 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 company. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average price target of $213.86.

Take-Two Interactive Software 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.

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.