US Bancorp DE Sells 2,823 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

US Bancorp DE lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,566 shares of the company's stock after selling 2,823 shares during the period. US Bancorp DE's holdings in Take-Two Interactive Software were worth $5,627,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. First Horizon Advisors Inc. grew its position in Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp grew its position in shares of Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock valued at $3,157,000 after acquiring an additional 57 shares during the period. Principal Securities Inc. grew its position in shares of Take-Two Interactive Software by 6.0% in the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock valued at $189,000 after acquiring an additional 58 shares during the period. Y.D. More Investments Ltd boosted its holdings in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock worth $563,000 after buying an additional 61 shares during the period. Finally, Huntington National Bank boosted its holdings in shares of Take-Two Interactive Software by 9.3% during the 3rd quarter. Huntington National Bank now owns 896 shares of the company's stock worth $138,000 after buying an additional 76 shares during the period. Institutional investors own 95.46% of the company's stock.

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Take-Two Interactive Software Trading Down 1.7 %

TTWO traded down $3.54 during trading on Friday, reaching $204.33. 1,889,345 shares of the company's stock were exchanged, compared to its average volume of 1,795,505. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $218.75. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $36.06 billion, a PE ratio of -9.58, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The firm has a fifty day moving average price of $195.22 and a two-hundred day moving average price of $177.03.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TTWO. Oppenheimer lifted their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a report on Tuesday, January 21st. Moffett Nathanson lifted 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 report on Friday, February 7th. Ascendiant Capital Markets lifted their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Stifel Nicolaus lifted their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Finally, Benchmark reiterated a "buy" rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $213.38.

About Take-Two Interactive Software

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.