Maryland State Retirement & Pension System Has $1.70 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Maryland State Retirement & Pension System lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,206 shares of the company’s stock after selling 734 shares during the period. Maryland State Retirement & Pension System’s holdings in Take-Two Interactive Software were worth $1,695,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Xponance Inc. boosted its position in Take-Two Interactive Software by 2.4% in the fourth quarter. Xponance Inc. now owns 25,441 shares of the company’s stock valued at $4,683,000 after buying an additional 586 shares in the last quarter. Generali Asset Management SPA SGR acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $119,000. Primecap Management Co. CA acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $3,247,000. Axxcess Wealth Management LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $306,000. Finally, Signaturefd LLC lifted its holdings in shares of Take-Two Interactive Software by 23.9% during the fourth quarter. Signaturefd LLC now owns 3,013 shares of the company’s stock worth $555,000 after purchasing an additional 581 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 1.8 %

TTWO opened at $213.47 on Friday. 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 company has a fifty day moving average price of $199.99 and a two-hundred day moving average price of $180.63. The company has a market cap of $37.68 billion, a P/E ratio of -10.01, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $218.75.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on TTWO shares. Wedbush reiterated an “outperform” rating and set a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. Ascendiant Capital Markets lifted 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 report on Monday, March 3rd. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. 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 report on Friday, February 7th. Finally, Citigroup lifted their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. One research 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. According to data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $213.38.

About Take-Two Interactive Software

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.