Wellington Management Group LLP Has $69.11 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wellington Management Group LLP lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 375,429 shares of the company's stock after selling 45,536 shares during the period. Wellington Management Group LLP owned about 0.21% of Take-Two Interactive Software worth $69,109,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in TTWO. Assetmark Inc. lifted its stake in shares of Take-Two Interactive Software by 155.9% in 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 lifted its stake in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after purchasing an additional 87 shares during the period. Friedenthal Financial bought a new position in Take-Two Interactive Software during the fourth quarter worth about $50,000. First Horizon Advisors Inc. lifted its stake in Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after purchasing an additional 54 shares during the period. Finally, UMB Bank n.a. lifted its stake in Take-Two Interactive Software by 36.3% during the fourth quarter. UMB Bank n.a. now owns 327 shares of the company's stock worth $60,000 after purchasing an additional 87 shares during the period. Institutional investors own 95.46% of the company's stock.

Remove Ads

Take-Two Interactive Software Trading Down 3.4 %

TTWO traded down $7.17 during trading on Thursday, reaching $200.96. 432,920 shares of the company's stock were exchanged, compared to its average volume of 1,628,828. The company's fifty day moving average price is $206.59 and its 200-day moving average price is $186.20. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. The firm has a market capitalization of $35.47 billion, a PE ratio of -9.48, a P/E/G ratio of 6.83 and a beta of 1.01.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Benchmark restated a "buy" rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Citigroup raised their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. Oppenheimer raised their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 21st. DA Davidson initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a "buy" rating and a $250.00 target price for the company. Finally, Moffett Nathanson lifted their target price on shares of 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Take-Two Interactive Software presently has a consensus 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.