Vanguard Group Inc. Increases Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,359,463 shares of the company’s stock after buying an additional 99,909 shares during the period. Vanguard Group Inc. owned about 11.02% of Take-Two Interactive Software worth $3,563,690,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Davis R M Inc. increased its position in shares of Take-Two Interactive Software by 4.9% in the 4th 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. Fiduciary Alliance LLC purchased a new position in Take-Two Interactive Software in the fourth quarter valued at $734,000. Paloma Partners Management Co acquired a new stake in Take-Two Interactive Software in the third quarter valued at $20,290,000. Legacy Trust lifted its holdings in Take-Two Interactive Software by 8.9% during the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after buying an additional 2,115 shares during the last quarter. Finally, Summit Place Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth about $748,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.0 %

NASDAQ TTWO opened at $213.51 on Tuesday. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75. The firm has a 50-day moving average price of $200.69 and a 200 day moving average price of $181.36. The stock has a market capitalization of $37.68 billion, a P/E ratio of -10.01, a P/E/G ratio of 6.83 and a beta of 0.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Oppenheimer boosted their target price on 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 report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 target price for the company. Benchmark reiterated a “buy” rating and set a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Stifel Nicolaus upped 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, The Goldman Sachs Group raised their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.