State of Michigan Retirement System Sells 100 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

State of Michigan Retirement System lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 44,292 shares of the company’s stock after selling 100 shares during the period. State of Michigan Retirement System’s holdings in Take-Two Interactive Software were worth $8,153,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in TTWO. State Street Corp grew its position in Take-Two Interactive Software by 8.8% in the third 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 last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of 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 valued at $828,994,000 after purchasing an additional 648,982 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings 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 purchasing an additional 417,325 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of 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, Proficio Capital Partners LLC acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $24,330,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Citigroup upped their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. StockNews.com downgraded Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Raymond James restated an “outperform” rating and set a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Moffett Nathanson raised their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Finally, Roth Mkm boosted 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 report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $214.81 on Thursday. The firm has a market cap of $37.91 billion, a PE ratio of -10.07, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The business’s 50 day moving average price is $194.22 and its two-hundred day moving average price is $176.54.

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.