Mizuho Securities USA LLC increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 46.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,480 shares of the company’s stock after buying an additional 4,909 shares during the quarter. Mizuho Securities USA LLC’s holdings in Take-Two Interactive Software were worth $2,850,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC grew its stake in shares of Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after acquiring an additional 142,450,266 shares during the last quarter. State Street Corp grew its position in Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Take-Two Interactive Software in the fourth quarter worth about $115,133,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Take-Two Interactive Software by 10.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after buying an additional 417,325 shares in the last quarter. Finally, Amundi grew its holdings in shares of Take-Two Interactive Software by 74.8% during the fourth quarter. Amundi now owns 741,045 shares of the company’s stock valued at $136,160,000 after buying an additional 317,048 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently weighed in on TTWO. Oppenheimer boosted their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Raymond James reaffirmed an “outperform” rating and set a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Moffett Nathanson lifted their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Citigroup upped their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Stifel Nicolaus increased their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. One equities 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 assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.
Take-Two Interactive Software Stock Performance
NASDAQ:TTWO opened at $213.51 on Tuesday. 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 50-day simple moving average of $200.69 and a two-hundred day simple moving average of $181.36. The firm has a market capitalization of $37.68 billion, a PE ratio of -10.01, a P/E/G ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75.
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.
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