Mizuho Bank Ltd. bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 290 shares of the company’s stock, valued at approximately $53,000.
Other institutional investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. grew its holdings 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 purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp lifted its position in Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after purchasing an additional 57 shares during the last quarter. Principal Securities Inc. grew its stake in Take-Two Interactive Software by 6.0% in the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock worth $189,000 after buying an additional 58 shares in the last quarter. Y.D. More Investments Ltd increased its holdings in shares of Take-Two Interactive Software by 2.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after buying an additional 61 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in shares of Take-Two Interactive Software by 2.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock valued at $542,000 after buying an additional 73 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several brokerages recently issued reports 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 research report on Wednesday, December 18th. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Citigroup raised their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Wedbush reaffirmed an “outperform” rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, DA Davidson began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a “buy” rating and a $250.00 price target on the stock. 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 given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.
Take-Two Interactive Software Stock Performance
Shares of TTWO opened at $194.58 on Friday. The company has a 50-day simple moving average of $205.30 and a two-hundred day simple moving average of $184.48. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market capitalization of $34.34 billion, a PE ratio of -9.12, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $220.93.
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.
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