HighTower Advisors LLC Trims Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

HighTower Advisors LLC lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 73,930 shares of the company’s stock after selling 150 shares during the period. HighTower Advisors LLC’s holdings in Take-Two Interactive Software were worth $13,609,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Wealthfront Advisers LLC grew its position in shares of Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock valued at $26,223,853,000 after acquiring an additional 142,450,266 shares during the period. State Street Corp grew its position in shares of 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 acquiring an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 13.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after acquiring an additional 648,982 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Take-Two Interactive Software by 10.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after acquiring an additional 417,325 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after buying an additional 134,767 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 0.5 %

Shares of NASDAQ TTWO opened at $204.57 on Monday. The firm has a market cap of $36.11 billion, a price-to-earnings ratio of -9.59, a PEG ratio of 6.83 and a beta of 0.82. 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, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75. The business’s 50 day moving average is $197.47 and its two-hundred day moving average is $179.24.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TTWO. The Goldman Sachs Group lifted their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wedbush reiterated an “outperform” rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. Benchmark reiterated 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. Raymond James reiterated an “outperform” rating and issued a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Ascendiant Capital Markets lifted their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $213.38.

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.