Treasurer of the State of North Carolina Lowers Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Treasurer of the State of North Carolina cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,544 shares of the company's stock after selling 6,570 shares during the quarter. Treasurer of the State of North Carolina owned 0.05% of Take-Two Interactive Software worth $17,036,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in TTWO. Davis R M Inc. raised its position in Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company's stock valued at $42,233,000 after purchasing an additional 10,701 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Take-Two Interactive Software in the fourth quarter valued at $1,442,000. Fiduciary Alliance LLC bought a new position in Take-Two Interactive Software during the 4th quarter worth $734,000. Legacy Trust grew its position in shares of Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company's stock valued at $4,744,000 after buying an additional 2,115 shares during the last quarter. Finally, Summit Place Financial Advisors LLC bought a new stake in Take-Two Interactive Software in the fourth quarter valued at approximately $748,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on TTWO shares. DA Davidson began coverage on shares of Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price target on the stock. Wedbush reaffirmed an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Moffett Nathanson boosted their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Stifel Nicolaus lifted their price objective 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. Finally, UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and increased their target price for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $213.38.

Remove Ads

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded up $1.65 during trading on Tuesday, hitting $214.60. 1,266,924 shares of the company were exchanged, compared to its average volume of 1,636,868. The company has a market cap of $37.88 billion, a PE ratio of -10.06, a P/E/G ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93. 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 has a 50 day moving average of $208.72 and a 200 day moving average of $187.85.

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.