Sei Investments Co. boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 14.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,755 shares of the company’s stock after purchasing an additional 9,614 shares during the quarter. Sei Investments Co.’s holdings in Take-Two Interactive Software were worth $14,129,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its holdings in shares of Take-Two Interactive Software by 35.3% in the 3rd quarter. Cerity Partners LLC now owns 7,556 shares of the company’s stock valued at $1,161,000 after buying an additional 1,973 shares in the last quarter. Truvestments Capital LLC acquired a new position in Take-Two Interactive Software in the third quarter valued at $31,000. Bank of Montreal Can increased its position in shares of Take-Two Interactive Software by 31.0% during the third quarter. Bank of Montreal Can now owns 260,712 shares of the company’s stock worth $39,902,000 after purchasing an additional 61,731 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Take-Two Interactive Software by 1.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company’s stock valued at $15,084,000 after purchasing an additional 1,339 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in shares of Take-Two Interactive Software by 2.4% in the 3rd quarter. D.A. Davidson & CO. now owns 9,778 shares of the company’s stock valued at $1,503,000 after purchasing an additional 233 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on TTWO. Citigroup lifted their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Ascendiant Capital Markets lifted their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Moffett Nathanson raised their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. upped their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $213.38.
Take-Two Interactive Software Price Performance
NASDAQ:TTWO opened at $210.47 on Friday. The firm has a market cap of $37.15 billion, a price-to-earnings ratio of -9.87, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $220.93. 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 company’s 50-day moving average is $203.24 and its two-hundred day moving average is $182.63.
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.
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