Elo Mutual Pension Insurance Co Raises Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Elo Mutual Pension Insurance Co grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 12.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,602 shares of the company’s stock after acquiring an additional 1,835 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Take-Two Interactive Software were worth $3,056,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in TTWO. Wealthfront Advisers LLC boosted its position in 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 buying an additional 142,450,266 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company’s stock worth $3,563,690,000 after purchasing an additional 99,909 shares during the period. State Street Corp raised 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. Geode Capital Management LLC raised its position in Take-Two Interactive Software by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock valued at $614,511,000 after purchasing an additional 134,767 shares during the last quarter. Finally, Ninety One UK Ltd lifted its holdings in Take-Two Interactive Software by 1.4% in the 4th quarter. Ninety One UK Ltd now owns 1,522,111 shares of the company’s stock worth $280,190,000 after buying an additional 21,470 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TTWO shares. BMO Capital Markets reissued an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Wedbush reiterated an “outperform” rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. DA Davidson assumed coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 target price for the company. Finally, Moffett Nathanson upped their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Stock Down 1.8 %

TTWO stock opened at $210.47 on Friday. 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’s fifty day simple moving average is $203.24 and its 200-day simple moving average is $182.63. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $220.93. The company has a market capitalization of $37.15 billion, a P/E ratio of -9.87, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.

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.