California Public Employees Retirement System Has $38.14 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

California Public Employees Retirement System reduced its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 207,193 shares of the company's stock after selling 18,808 shares during the period. California Public Employees Retirement System owned 0.12% of Take-Two Interactive Software worth $38,140,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TTWO. Allianz SE acquired a new position in Take-Two Interactive Software during the 4th quarter worth $210,000. Intrust Bank NA increased its stake in shares of Take-Two Interactive Software by 13.0% in the fourth quarter. Intrust Bank NA now owns 2,656 shares of the company's stock worth $489,000 after purchasing an additional 306 shares during the period. Allstate Corp acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth about $972,000. Brown Brothers Harriman & Co. boosted its position in shares of Take-Two Interactive Software by 15.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 251,194 shares of the company's stock valued at $46,240,000 after acquiring an additional 32,875 shares during the period. Finally, DnB Asset Management AS grew its position in Take-Two Interactive Software by 7.5% in the 4th quarter. DnB Asset Management AS now owns 1,504,918 shares of the company's stock worth $277,025,000 after purchasing an additional 104,566 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Down 6.9 %

Shares of TTWO traded down $14.35 during mid-day trading on Friday, hitting $194.58. 3,683,743 shares of the company's stock were exchanged, compared to its average volume of 1,613,812. The company has a 50-day simple moving average of $205.30 and a 200 day simple moving average of $184.48. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $34.34 billion, a PE ratio of -9.12, a P/E/G 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.

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Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TTWO. Benchmark restated a "buy" rating and set a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. StockNews.com downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Moffett Nathanson upped their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. DA Davidson initiated 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. Finally, Citigroup lifted their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. One investment 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. Based on data from MarketBeat.com, Take-Two Interactive Software 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.