Meiji Yasuda Asset Management Co Ltd. Purchases 329 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Meiji Yasuda Asset Management Co Ltd. grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,680 shares of the company’s stock after acquiring an additional 329 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Take-Two Interactive Software were worth $493,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new stake in Take-Two Interactive Software during the third quarter valued at $27,000. Truvestments Capital LLC bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth about $31,000. Assetmark Inc. raised its position 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 valued at $32,000 after buying an additional 106 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of 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 acquiring an additional 87 shares during the last quarter. Finally, Friedenthal Financial purchased a new position in Take-Two Interactive Software in the fourth quarter worth about $50,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price objective 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. DA Davidson initiated coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price target for the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Stifel Nicolaus increased 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. Finally, UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Stock Down 0.7 %

NASDAQ:TTWO opened at $214.29 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93. The company has a 50-day moving average of $202.75 and a 200 day moving average of $182.25. The firm has a market cap of $37.82 billion, a PE ratio of -10.05, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.

Take-Two Interactive Software Company 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.