Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 106,493 shares of the company's stock after buying an additional 4,457 shares during the period. Stifel Financial Corp owned about 0.06% of Take-Two Interactive Software worth $19,603,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in TTWO. Wealthfront Advisers LLC increased its position in shares of Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after acquiring an additional 142,450,266 shares during the period. Norges Bank acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $495,086,000. Raymond James Financial Inc. acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $115,133,000. Capital International Investors increased its stake in shares of Take-Two Interactive Software by 9.5% during the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after buying an additional 424,893 shares during the period. Finally, FMR LLC raised its holdings in Take-Two Interactive Software by 67.7% in the fourth quarter. FMR LLC now owns 960,654 shares of the company's stock valued at $176,837,000 after acquiring an additional 387,923 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on TTWO. UBS Group raised 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 report on Monday, January 27th. DA Davidson assumed coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a "buy" rating and a $250.00 price target on the stock. Raymond James reaffirmed an "outperform" rating and set a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Oppenheimer raised their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. Finally, StockNews.com downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. One equities research 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 company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $213.86.

Take-Two Interactive Software Trading Up 1.2 %

NASDAQ:TTWO opened at $225.38 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $225.49. 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 stock's 50 day simple moving average is $209.30 and its 200-day simple moving average is $191.07. The firm has a market cap of $39.78 billion, a P/E ratio of -10.57, 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.

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