Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is Montag & Caldwell LLC’s 9th Largest Position

Montag & Caldwell LLC decreased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 89,737 shares of the company’s stock after selling 6,373 shares during the quarter. Take-Two Interactive Software comprises 3.5% of Montag & Caldwell LLC’s holdings, making the stock its 9th biggest position. Montag & Caldwell LLC’s holdings in Take-Two Interactive Software were worth $16,519,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Assetmark Inc. increased its stake in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after acquiring an additional 106 shares during the last quarter. Versant Capital Management Inc increased its position in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after purchasing an additional 87 shares during the last quarter. Friedenthal Financial purchased a new position in Take-Two Interactive Software during the fourth quarter worth approximately $50,000. First Horizon Advisors Inc. boosted its holdings in shares of Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after purchasing an additional 54 shares during the last quarter. Finally, Mizuho Bank Ltd. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at $53,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TTWO. Moffett Nathanson increased their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. JPMorgan Chase & Co. lifted their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Oppenheimer boosted their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Ascendiant Capital Markets raised their price target 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. Finally, UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Trading Up 0.4 %

NASDAQ:TTWO opened at $212.95 on Tuesday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $220.93. The business’s 50-day simple moving average is $208.08 and its 200 day simple moving average is $187.67. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market cap of $37.58 billion, a price-to-earnings ratio of -9.98, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01.

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.