Lee Danner & Bass Inc. Invests $61,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Lee Danner & Bass Inc. purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 330 shares of the company’s stock, valued at approximately $61,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the third quarter worth about $27,000. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software during the third quarter worth about $31,000. Assetmark Inc. raised its stake in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares during the period. Versant Capital Management Inc raised its stake 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 purchasing an additional 87 shares during the period. Finally, Friedenthal Financial purchased a new position in Take-Two Interactive Software during the fourth quarter worth about $50,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 1.8 %

NASDAQ TTWO opened at $213.47 on Friday. 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 stock has a market capitalization of $37.68 billion, a PE ratio of -10.01, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The firm has a 50 day moving average of $199.99 and a two-hundred day moving average of $180.80.

Analysts Set New Price Targets

A number of brokerages have commented on TTWO. 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 target price on the stock. Stifel Nicolaus lifted their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group lifted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price target for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average target price of $213.38.

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.