Taikang Asset Management Hong Kong Co Ltd Sells 8,779 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Taikang Asset Management Hong Kong Co Ltd reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 50.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,779 shares of the company’s stock after selling 8,779 shares during the period. Taikang Asset Management Hong Kong Co Ltd’s holdings in Take-Two Interactive Software were worth $1,616,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TTWO. Wealthfront Advisers LLC raised its position in shares of Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the period. Vanguard Group Inc. grew its stake in Take-Two Interactive Software by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company’s stock valued at $3,563,690,000 after buying an additional 99,909 shares in the last quarter. State Street Corp raised its holdings in Take-Two Interactive Software by 8.8% during the 3rd 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 during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Take-Two Interactive Software by 10.9% during the third 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 acquiring an additional 417,325 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after acquiring an additional 134,767 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 0.0 %

TTWO stock opened at $213.51 on Tuesday. The company has a market capitalization of $37.68 billion, a PE ratio of -10.01, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. 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 one year low of $135.24 and a one year high of $218.75. The company’s 50 day moving average price is $200.69 and its two-hundred day moving average price is $181.36.

Analysts Set New Price Targets

TTWO has been the topic of a number of recent research reports. Ascendiant Capital Markets increased their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Wedbush reissued an “outperform” rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. Raymond James reaffirmed an “outperform” rating and set a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Moffett Nathanson increased 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 research note on Friday, February 7th. Finally, DA Davidson initiated coverage on shares of Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price target for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

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.