Nomura Asset Management Co. Ltd. Buys 1,079 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Nomura Asset Management Co. Ltd. increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.9% during the 4th quarter, Holdings Channel reports. The fund owned 57,385 shares of the company’s stock after acquiring an additional 1,079 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $10,563,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software during the third quarter worth approximately $27,000. Assetmark Inc. increased its stake in 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 purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc raised its holdings 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 buying an additional 87 shares during the last quarter. Friedenthal Financial acquired a new position in shares of Take-Two Interactive Software during the fourth quarter valued at about $50,000. Finally, First Horizon Advisors Inc. increased its position in shares of Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after acquiring an additional 54 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TTWO. JPMorgan Chase & Co. upped their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Raymond James reaffirmed an “outperform” rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Benchmark reissued a “buy” rating and issued a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Citigroup lifted their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, Moffett Nathanson increased their target price 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 issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Stock Down 1.8 %

TTWO stock opened at $210.47 on Monday. The stock has a fifty day moving average of $203.24 and a 200-day moving average of $183.04. 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 market capitalization of $37.15 billion, a price-to-earnings ratio of -9.87, a PEG ratio of 6.83 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

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.