River Global Investors LLP Reduces Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

River Global Investors LLP cut its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 43.0% during the 4th quarter, HoldingsChannel reports. The firm owned 8,674 shares of the company’s stock after selling 6,544 shares during the period. River Global Investors LLP’s holdings in Take-Two Interactive Software were worth $1,597,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. E Fund Management Co. Ltd. increased its stake in shares of Take-Two Interactive Software by 33.3% in the 4th quarter. E Fund Management Co. Ltd. now owns 2,465 shares of the company’s stock worth $454,000 after acquiring an additional 616 shares in the last quarter. Candriam S.C.A. lifted its holdings in shares of Take-Two Interactive Software by 23.4% during the fourth quarter. Candriam S.C.A. now owns 14,571 shares of the company’s stock valued at $2,682,000 after purchasing an additional 2,762 shares during the last quarter. Lindbrook Capital LLC boosted its position in shares of Take-Two Interactive Software by 280.8% in the 4th quarter. Lindbrook Capital LLC now owns 4,341 shares of the company’s stock worth $799,000 after purchasing an additional 3,201 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $115,133,000. Finally, Arizona State Retirement System grew its stake in shares of Take-Two Interactive Software by 6.8% in the 4th quarter. Arizona State Retirement System now owns 50,888 shares of the company’s stock worth $9,367,000 after buying an additional 3,256 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. JPMorgan Chase & Co. boosted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Stifel Nicolaus upped 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 research note on Tuesday, January 21st. BMO Capital Markets reissued an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. TD Cowen lifted their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, Moffett Nathanson increased their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Trading Down 1.7 %

Shares of Take-Two Interactive Software stock opened at $204.33 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average price of $195.22 and a 200-day moving average price of $177.03. The firm has a market cap of $36.06 billion, a price-to-earnings ratio of -9.58, a PEG 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.