Daiwa Securities Group Inc. Raises Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Daiwa Securities Group Inc. raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 41,174 shares of the company’s stock after acquiring an additional 3,941 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Take-Two Interactive Software were worth $7,579,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. State Street Corp lifted its position in shares of Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after acquiring an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after purchasing an additional 648,982 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Take-Two Interactive Software in the 4th quarter valued at $115,133,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Take-Two Interactive Software by 10.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after purchasing an additional 417,325 shares during the last quarter. Finally, Amundi grew its holdings in shares of Take-Two Interactive Software by 74.8% during the fourth quarter. Amundi now owns 741,045 shares of the company’s stock worth $136,160,000 after buying an additional 317,048 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on TTWO. The Goldman Sachs Group raised their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. JPMorgan Chase & Co. raised their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Ascendiant Capital Markets upped their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. TD Cowen lifted their price target on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, Citigroup upped their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. One 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Trading Up 0.9 %

TTWO opened at $203.80 on Wednesday. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $218.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The business has a fifty day simple moving average of $196.32 and a 200-day simple moving average of $178.30. The firm has a market cap of $35.97 billion, a P/E ratio of -9.55, a P/E/G ratio of 6.83 and a beta of 0.82.

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.