Townsquare Capital LLC Reduces Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Townsquare Capital LLC reduced its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 36.2% during the 4th quarter, Holdings Channel reports. The fund owned 16,094 shares of the company’s stock after selling 9,116 shares during the period. Townsquare Capital LLC’s holdings in Take-Two Interactive Software were worth $2,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Davis R M Inc. grew its holdings in Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock valued at $42,233,000 after purchasing an additional 10,701 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in Take-Two Interactive Software during the fourth quarter worth about $1,442,000. Fiduciary Alliance LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $734,000. Legacy Trust raised its position in Take-Two Interactive Software by 8.9% in the fourth quarter. Legacy Trust now owns 25,772 shares of the company’s stock valued at $4,744,000 after purchasing an additional 2,115 shares during the period. Finally, Summit Place Financial Advisors LLC purchased a new position in Take-Two Interactive Software during the fourth quarter worth about $748,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wedbush restated an “outperform” rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Moffett Nathanson boosted 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 research report on Friday, February 7th. Benchmark reissued a “buy” rating and issued a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Oppenheimer increased their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Stock Up 0.8 %

NASDAQ TTWO opened at $214.60 on Wednesday. The stock has a market cap of $37.88 billion, a PE ratio of -10.06, a P/E/G ratio of 6.83 and a beta of 1.01. The business has a 50 day moving average price of $208.72 and a two-hundred day moving average price of $187.85. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

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.