Fmr LLC Has $176.84 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Fmr LLC lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 67.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 960,654 shares of the company’s stock after acquiring an additional 387,923 shares during the quarter. Fmr LLC’s holdings in Take-Two Interactive Software were worth $176,837,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TTWO. Wealthfront Advisers LLC increased its position in shares of Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. Norges Bank acquired a new position in Take-Two Interactive Software during the fourth quarter worth $495,086,000. Raymond James Financial Inc. bought a new stake in Take-Two Interactive Software during the fourth quarter worth $115,133,000. Amundi lifted its stake in Take-Two Interactive Software by 74.8% in the fourth quarter. Amundi now owns 741,045 shares of the company’s stock valued at $136,160,000 after acquiring an additional 317,048 shares during the last quarter. Finally, Artisan Partners Limited Partnership grew its position in shares of Take-Two Interactive Software by 32.7% in the 4th quarter. Artisan Partners Limited Partnership now owns 580,816 shares of the company’s stock valued at $106,917,000 after acquiring an additional 143,286 shares during the period. Institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of research analyst reports. Ascendiant Capital Markets upped their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. The Goldman Sachs Group raised their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Oppenheimer raised their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Finally, DA Davidson initiated coverage on shares of Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $213.38.

Take-Two Interactive Software Stock Up 3.7 %

TTWO stock opened at $212.07 on Friday. The company has a market cap of $37.43 billion, a PE ratio of -9.94, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $220.93. The business has a 50-day simple moving average of $207.52 and a 200 day simple moving average of $187.00.

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.