FORA Capital LLC Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

FORA Capital LLC acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, HoldingsChannel reports. The fund acquired 16,105 shares of the company’s stock, valued at approximately $2,965,000.

A number of other institutional investors have also recently bought and sold shares of TTWO. Davis R M Inc. boosted its position in shares of Take-Two Interactive Software by 4.9% in the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock worth $42,233,000 after purchasing an additional 10,701 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at about $1,442,000. Fiduciary Alliance LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at about $734,000. Legacy Trust raised its position in shares of Take-Two Interactive Software by 8.9% in the 4th 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 during the period. Finally, Summit Place Financial Advisors LLC bought a new position in Take-Two Interactive Software during the 4th quarter worth approximately $748,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 0.3 %

NASDAQ:TTWO opened at $225.56 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $238.00. The stock has a market capitalization of $39.81 billion, a PE ratio of -10.57, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm’s 50 day moving average is $212.38 and its 200 day moving average is $195.60.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several recent analyst reports. Raymond James reaffirmed an “outperform” rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. The Goldman Sachs Group lifted their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Moffett Nathanson boosted their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. 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 note on Monday, January 27th. Finally, Benchmark restated a “buy” rating and set a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $213.67.

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.