Natixis Cuts Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Natixis lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 85.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,916 shares of the company's stock after selling 102,999 shares during the period. Natixis' holdings in Take-Two Interactive Software were worth $3,298,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. grew its position in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after buying an additional 106 shares during the period. Versant Capital Management Inc boosted its stake in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after acquiring an additional 87 shares in the last quarter. Friedenthal Financial acquired a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $50,000. First Horizon Advisors Inc. grew its position in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after acquiring an additional 54 shares during the period. Finally, Mizuho Bank Ltd. purchased a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $53,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Trading Up 1.2 %

Shares of Take-Two Interactive Software stock traded up $2.69 during mid-day trading on Friday, hitting $225.38. The stock had a trading volume of 1,533,726 shares, compared to its average volume of 1,642,352. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $225.49. The firm has a market cap of $39.78 billion, a P/E ratio of -10.57, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. The firm has a 50-day moving average of $209.30 and a two-hundred day moving average of $191.07. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

Analyst Upgrades and Downgrades

TTWO has been the topic of several research analyst reports. Raymond James reissued an "outperform" rating and issued a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Oppenheimer increased their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a report on Tuesday, January 21st. Finally, Moffett Nathanson boosted 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 note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average target price of $213.86.

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.