Private Advisor Group LLC Decreases Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Private Advisor Group LLC cut its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 40.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,288 shares of the company’s stock after selling 892 shares during the period. Private Advisor Group LLC’s holdings in Take-Two Interactive Software were worth $237,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Itau Unibanco Holding S.A. purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth about $27,000. Truvestments Capital LLC acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at about $31,000. Versant Capital Management Inc raised its stake in Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after purchasing an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC raised its stake in Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after purchasing an additional 115 shares during the last quarter. Finally, AM Squared Ltd acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at about $46,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several analyst reports. Stifel Nicolaus boosted 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 note on Tuesday, January 21st. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Morgan Stanley boosted their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Moffett Nathanson boosted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Finally, Raymond James reissued an “outperform” rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Stock Down 3.2 %

TTWO opened at $207.87 on Friday. The firm has a 50 day moving average price of $194.80 and a 200 day moving average price of $176.81. The company has a market cap of $36.69 billion, a PE 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 1 year low of $135.24 and a 1 year high of $218.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

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.