M&T Bank Corp Raises Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

M&T Bank Corp raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,301 shares of the company’s stock after buying an additional 709 shares during the quarter. M&T Bank Corp’s holdings in Take-Two Interactive Software were worth $1,896,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software during the third quarter worth about $27,000. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Assetmark Inc. increased its holdings in shares of Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after buying an additional 106 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after buying an additional 87 shares in the last quarter. Finally, AM Squared Ltd purchased a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $46,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Trading Down 1.7 %

TTWO stock opened at $204.33 on Monday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The stock has a market capitalization of $36.06 billion, a price-to-earnings ratio of -9.58, a price-to-earnings-growth 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. The firm’s fifty day simple moving average is $195.58 and its two-hundred day simple moving average is $177.68.

Wall Street Analyst Weigh In

TTWO has been the topic of a number of research analyst reports. The Goldman Sachs Group increased their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. 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 report on Thursday, December 5th. Benchmark reaffirmed a “buy” rating and issued a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. 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 price target on the stock. Finally, Oppenheimer upped their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.