HighPoint Advisor Group LLC Has $378,000 Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

HighPoint Advisor Group LLC lowered its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 12.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,054 shares of the company’s stock after selling 290 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Take-Two Interactive Software were worth $378,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Davis R M Inc. lifted its stake in Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock valued at $42,233,000 after buying an additional 10,701 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in Take-Two Interactive Software in the 4th quarter valued at $734,000. Legacy Trust boosted its stake in Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after purchasing an additional 2,115 shares during the period. Summit Place Financial Advisors LLC bought a new position in Take-Two Interactive Software during the 4th quarter worth about $748,000. Finally, Fisher Asset Management LLC acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at about $259,000. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the subject of several recent research reports. StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. JPMorgan Chase & Co. raised their price target 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. Raymond James reissued an “outperform” rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Finally, UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. One investment 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $211.10 on Thursday. The company’s 50-day moving average is $204.61 and its 200-day moving average is $184.02. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market capitalization of $37.26 billion, a PE ratio of -9.90, a PEG ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93.

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.