Prudential Financial Inc. Has $16.05 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Prudential Financial Inc. decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 11.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 87,212 shares of the company's stock after selling 11,524 shares during the period. Prudential Financial Inc.'s holdings in Take-Two Interactive Software were worth $16,054,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TTWO. Davis R M Inc. increased its stake in Take-Two Interactive Software by 4.9% in the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company's stock valued at $42,233,000 after buying an additional 10,701 shares during the period. Fiduciary Alliance LLC purchased a new position in shares of Take-Two Interactive Software during the 4th quarter valued at $734,000. Paloma Partners Management Co acquired a new position in shares of Take-Two Interactive Software in the third quarter worth $20,290,000. Legacy Trust increased its stake in shares of Take-Two Interactive Software by 8.9% in the fourth quarter. Legacy Trust now owns 25,772 shares of the company's stock worth $4,744,000 after acquiring an additional 2,115 shares during the last quarter. Finally, Summit Place Financial Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $748,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock traded up $2.88 during midday trading on Tuesday, hitting $210.13. The company had a trading volume of 1,654,579 shares, compared to its average volume of 1,600,939. The stock has a market cap of $37.09 billion, a PE ratio of -9.85, a P/E/G ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93. The business's 50 day simple moving average is $204.15 and its two-hundred day simple moving average is $183.83. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

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Analyst Ratings Changes

TTWO has been the topic of several research reports. UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their target price for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Citigroup increased their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. Moffett Nathanson raised their price objective on shares of 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 target price on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, BMO Capital Markets restated an "outperform" rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. 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. According to data from MarketBeat, the company 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.