Mufg Securities Americas Inc. Purchases New Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mufg Securities Americas Inc. acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,411 shares of the company’s stock, valued at approximately $444,000.

A number of other large investors have also added to or reduced their stakes in TTWO. Assetmark Inc. increased its position in Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares during the last quarter. Itau Unibanco Holding S.A. increased its holdings in shares of Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock worth $45,000 after buying an additional 72 shares during the last quarter. First Horizon Advisors Inc. raised its position in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after buying an additional 54 shares in the last quarter. Mizuho Bank Ltd. bought a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $53,000. Finally, UMB Bank n.a. lifted its holdings in shares of Take-Two Interactive Software by 36.3% in the 4th quarter. UMB Bank n.a. now owns 327 shares of the company’s stock valued at $60,000 after acquiring an additional 87 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on TTWO. Ascendiant Capital Markets boosted their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. DA Davidson began coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price target on the stock. Raymond James restated an “outperform” rating and issued a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Moffett Nathanson boosted 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 report on Friday, February 7th. Finally, Morgan Stanley lowered their target price on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $213.67.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $232.34 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $238.00. The business has a 50-day moving average price of $214.44 and a 200 day moving average price of $197.92. The company has a market capitalization of $41.01 billion, a P/E ratio of -10.89, a PEG ratio of 6.83 and a beta of 1.08.

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.