Argentarii LLC Takes $375,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Argentarii LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,035 shares of the company’s stock, valued at approximately $375,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp boosted its holdings in Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after buying an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after buying an additional 648,982 shares during the period. Raymond James Financial Inc. bought a new position in Take-Two Interactive Software in the 4th quarter worth approximately $115,133,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Take-Two Interactive Software by 10.9% in 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 worth $651,817,000 after buying an additional 417,325 shares during the period. Finally, Amundi lifted its stake in Take-Two Interactive Software by 74.8% in the 4th quarter. Amundi now owns 741,045 shares of the company’s stock worth $136,160,000 after purchasing an additional 317,048 shares in the last quarter. 95.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several recent analyst reports. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their target price for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Wedbush reiterated 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. BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Roth Mkm increased their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Moffett Nathanson lifted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $213.38.

Take-Two Interactive Software Trading Down 1.7 %

Shares of NASDAQ TTWO opened at $204.33 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $218.75. The stock has a market cap of $36.06 billion, a P/E ratio of -9.58, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The firm has a 50-day moving average of $195.58 and a 200 day moving average of $177.56. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

Take-Two Interactive Software Company 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.