E Fund Management Co. Ltd. increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 33.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,465 shares of the company’s stock after acquiring an additional 616 shares during the quarter. E Fund Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $454,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software during the third quarter worth $27,000. Assetmark Inc. lifted its stake in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after buying an additional 106 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the period. Truvestments Capital LLC acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at about $31,000. Finally, Friedenthal Financial bought a new position in Take-Two Interactive Software in the 4th quarter valued at about $50,000. Institutional investors own 95.46% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on TTWO shares. StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. Raymond James restated an “outperform” rating and issued a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. TD Cowen upped their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Finally, Benchmark restated a “buy” rating and issued a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $213.38.
Take-Two Interactive Software Stock Performance
NASDAQ:TTWO opened at $204.33 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. 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 simple moving average is $195.58 and its 200 day simple moving average is $177.56. The firm has a market capitalization of $36.06 billion, a PE ratio of -9.58, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.
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.
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