Bessemer Group Inc. Trims Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bessemer Group Inc. lessened its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,969,013 shares of the company’s stock after selling 16,711 shares during the quarter. Bessemer Group Inc. owned approximately 1.12% of Take-Two Interactive Software worth $362,457,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of TTWO. First Horizon Advisors Inc. boosted its holdings in shares of Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after acquiring an additional 54 shares during the period. Fifth Third Bancorp increased its stake in Take-Two Interactive Software by 0.3% in the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after purchasing an additional 57 shares during the period. Principal Securities Inc. boosted its stake in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock worth $189,000 after buying an additional 58 shares during the period. Y.D. More Investments Ltd grew its holdings in shares of Take-Two Interactive Software by 2.0% during the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after buying an additional 61 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its position in Take-Two Interactive Software by 2.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock valued at $542,000 after acquiring an additional 73 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on TTWO shares. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Oppenheimer boosted their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Moffett Nathanson raised their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Ascendiant Capital Markets boosted their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Finally, JPMorgan Chase & Co. lifted their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Stock Down 0.6 %

Shares of TTWO opened at $196.25 on Wednesday. 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 firm has a market cap of $34.64 billion, a PE ratio of -9.20, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. The company’s fifty day moving average is $205.80 and its two-hundred day moving average is $185.64. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93.

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.