Teacher Retirement System of Texas purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,641 shares of the company’s stock, valued at approximately $302,000.
A number of other large investors also recently modified their holdings of the company. Wealthfront Advisers LLC grew its stake in shares of Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. State Street Corp lifted its holdings in Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after buying an additional 880,816 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Take-Two Interactive Software by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after acquiring an additional 134,767 shares in the last quarter. Ninety One UK Ltd increased its holdings in shares of Take-Two Interactive Software by 1.4% in the 4th quarter. Ninety One UK Ltd now owns 1,522,111 shares of the company’s stock valued at $280,190,000 after acquiring an additional 21,470 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Take-Two Interactive Software by 4.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,056,062 shares of the company’s stock worth $194,400,000 after acquiring an additional 42,664 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have recently weighed in on TTWO shares. DA Davidson initiated coverage on shares of Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price objective for the company. Moffett Nathanson boosted their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. UBS Group upgraded 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 research report on Monday, January 27th. Finally, The Goldman Sachs Group upped their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $213.38.
Take-Two Interactive Software Trading Up 1.4 %
Shares of Take-Two Interactive Software stock opened at $210.13 on Wednesday. The firm has a market cap of $37.09 billion, a price-to-earnings ratio of -9.85, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93. The company’s 50-day simple moving average is $204.15 and its 200-day simple moving average is $183.83. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.
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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