Epoch Investment Partners Inc. Sells 21,443 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Epoch Investment Partners Inc. lessened its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 228,257 shares of the company’s stock after selling 21,443 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.13% of Take-Two Interactive Software worth $35,492,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Take-Two Interactive Software by 0.8% in the first quarter. Vanguard Group Inc. now owns 18,920,875 shares of the company’s stock valued at $2,809,561,000 after buying an additional 156,563 shares during the period. Capital World Investors raised its position in shares of Take-Two Interactive Software by 2.1% during the 1st quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock valued at $1,075,142,000 after acquiring an additional 151,135 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Take-Two Interactive Software by 4.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock valued at $737,684,000 after acquiring an additional 192,774 shares during the last quarter. Boston Partners lifted its stake in shares of Take-Two Interactive Software by 1.8% in the 1st quarter. Boston Partners now owns 2,697,648 shares of the company’s stock valued at $400,379,000 after purchasing an additional 48,909 shares during the period. Finally, Bessemer Group Inc. boosted its position in shares of Take-Two Interactive Software by 14.5% in the 1st quarter. Bessemer Group Inc. now owns 2,003,052 shares of the company’s stock worth $297,434,000 after purchasing an additional 254,391 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the transaction, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on TTWO. BMO Capital Markets reiterated an “outperform” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. Benchmark upped their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective on the stock. Stifel Nicolaus boosted their price objective on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, September 5th. Finally, HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price on the stock in a report on Monday, August 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $183.55.

Take-Two Interactive Software Stock Down 3.2 %

NASDAQ:TTWO opened at $148.78 on Monday. The stock has a 50-day simple moving average of $151.85 and a 200 day simple moving average of $151.22. Take-Two Interactive Software, Inc. has a 52-week low of $130.34 and a 52-week high of $171.59. The company has a market cap of $25.50 billion, a PE ratio of -6.77, a PEG ratio of 4.43 and a beta of 0.86. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.09. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. On average, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current fiscal year.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.