Take-Two Interactive Software (NASDAQ:TTWO) Upgraded to Hold at StockNews.com

StockNews.com upgraded shares of Take-Two Interactive Software (NASDAQ:TTWO) from a sell rating to a hold rating in a report issued on Tuesday morning.

Several other research firms have also recently commented on TTWO. BMO Capital Markets reaffirmed an “outperform” rating and issued a $236.00 price target (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Ascendiant Capital Markets increased their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Raymond James reaffirmed an “outperform” rating and issued a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. DA Davidson assumed coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective for the company. Finally, Oppenheimer increased their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $213.67.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $226.16 on Tuesday. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $238.00. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market cap of $39.92 billion, a PE ratio of -10.60, a P/E/G ratio of 6.83 and a beta of 1.08. The stock has a 50 day moving average price of $213.32 and a 200 day moving average price of $197.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Davis R M Inc. boosted its position in shares of Take-Two Interactive Software by 4.9% during the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock worth $42,233,000 after buying an additional 10,701 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $1,442,000. Fiduciary Alliance LLC acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $734,000. Legacy Trust raised its stake in shares of Take-Two Interactive Software by 8.9% in the fourth quarter. Legacy Trust now owns 25,772 shares of the company’s stock valued at $4,744,000 after acquiring an additional 2,115 shares in the last quarter. Finally, Summit Place Financial Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $748,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

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.