J. Safra Sarasin Holding AG Decreases Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

J. Safra Sarasin Holding AG decreased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 74.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,150 shares of the company's stock after selling 15,292 shares during the period. J. Safra Sarasin Holding AG's holdings in Take-Two Interactive Software were worth $948,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Davis R M Inc. grew its holdings in Take-Two Interactive Software by 4.9% during 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 in the last quarter. Landscape Capital Management L.L.C. bought a new stake in Take-Two Interactive Software in the fourth quarter worth $1,442,000. Fiduciary Alliance LLC purchased a new stake in Take-Two Interactive Software during the fourth quarter valued at $734,000. Legacy Trust raised its stake in Take-Two Interactive Software by 8.9% during the fourth quarter. Legacy Trust now owns 25,772 shares of the company's stock valued at $4,744,000 after purchasing an additional 2,115 shares in the last quarter. Finally, Summit Place Financial Advisors LLC purchased a new position in shares of Take-Two Interactive Software in the 4th quarter worth $748,000. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Up 1.2 %

Shares of TTWO stock traded up $2.69 during mid-day trading on Friday, hitting $225.38. 1,533,726 shares of the stock traded hands, compared to its average volume of 1,645,521. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $225.49. The stock has a market cap of $39.78 billion, a P/E ratio of -10.57, a P/E/G ratio of 6.83 and a beta of 1.01. 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 stock's fifty day moving average is $209.30 and its two-hundred day moving average is $191.32.

Analysts Set New Price Targets

TTWO has been the topic of several recent research reports. Morgan Stanley decreased their target price on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Benchmark reaffirmed a "buy" rating and issued a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a research note 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. UBS Group upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their price target for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Oppenheimer increased their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price 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.