SBI Securities Co. Ltd. Makes New Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

SBI Securities Co. Ltd. purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,129 shares of the company’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at $27,000. Truvestments Capital LLC bought a new position in Take-Two Interactive Software during the third quarter valued at about $31,000. Versant Capital Management Inc grew its holdings in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after acquiring an additional 87 shares during the period. Catalyst Capital Advisors LLC raised its position in Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after acquiring an additional 115 shares in the last quarter. Finally, AM Squared Ltd bought a new stake in Take-Two Interactive Software in the third quarter worth about $46,000. 95.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on TTWO shares. TD Cowen increased their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Benchmark reiterated a “buy” rating and set a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Oppenheimer lifted their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Raymond James reaffirmed an “outperform” rating and set a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. increased their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. One equities research 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Stock Performance

TTWO opened at $207.87 on Friday. 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 stock’s 50 day moving average price is $194.80 and its two-hundred day moving average price is $176.81. The firm has a market capitalization of $36.69 billion, a P/E ratio of -9.75, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75.

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.