Alliancebernstein L.P. Has $55.33 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Alliancebernstein L.P. lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.5% during the fourth quarter, HoldingsChannel reports. The fund owned 300,583 shares of the company’s stock after purchasing an additional 10,039 shares during the quarter. Alliancebernstein L.P.’s holdings in Take-Two Interactive Software were worth $55,331,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Public Sector Pension Investment Board raised its stake in shares of Take-Two Interactive Software by 19.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,719 shares of the company’s stock worth $1,033,000 after purchasing an additional 1,100 shares in the last quarter. Benjamin Edwards Inc. bought a new position in Take-Two Interactive Software during the third quarter valued at approximately $284,000. HighTower Advisors LLC lifted its stake in Take-Two Interactive Software by 2.6% in the third quarter. HighTower Advisors LLC now owns 74,080 shares of the company’s stock valued at $11,403,000 after acquiring an additional 1,897 shares during the last quarter. Investment Management Corp of Ontario grew its position in Take-Two Interactive Software by 51.9% in the third quarter. Investment Management Corp of Ontario now owns 5,559 shares of the company’s stock worth $854,000 after acquiring an additional 1,900 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter worth $255,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TTWO shares. Moffett Nathanson lifted their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Benchmark reiterated a “buy” rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. StockNews.com downgraded Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. The Goldman Sachs Group upped their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. 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 company from $175.00 to $230.00 in a research report on Monday, January 27th. 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 given a strong buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Stock Down 6.9 %

Shares of TTWO stock opened at $194.58 on Friday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $220.93. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a fifty day moving average price of $205.30 and a 200 day moving average price of $184.48. The stock has a market cap of $34.34 billion, a P/E ratio of -9.12, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.

Take-Two Interactive Software 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.