Lbp Am Sa Invests $2.13 Million in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Lbp Am Sa bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,556 shares of the company’s stock, valued at approximately $2,127,000.

A number of other institutional investors have also recently modified their holdings of the stock. Commonwealth Equity Services LLC grew its stake in shares of Take-Two Interactive Software by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,612 shares of the company’s stock worth $1,401,000 after acquiring an additional 253 shares during the last quarter. Erste Asset Management GmbH grew its stake in shares of Take-Two Interactive Software by 25.3% in the fourth quarter. Erste Asset Management GmbH now owns 39,110 shares of the company’s stock worth $7,291,000 after acquiring an additional 7,900 shares during the last quarter. Tredje AP fonden grew its stake in shares of Take-Two Interactive Software by 346.7% in the fourth quarter. Tredje AP fonden now owns 118,235 shares of the company’s stock worth $21,765,000 after acquiring an additional 91,765 shares during the last quarter. Swiss National Bank grew its stake in shares of Take-Two Interactive Software by 0.3% in the fourth quarter. Swiss National Bank now owns 495,108 shares of the company’s stock worth $91,139,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in shares of Take-Two Interactive Software by 2.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock valued at $542,000 after buying an additional 73 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on TTWO shares. Raymond James reaffirmed an “outperform” rating and set a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. BMO Capital Markets reaffirmed 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. StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Ascendiant Capital Markets increased their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Finally, TD Cowen increased their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $213.38.

Take-Two Interactive Software Stock Up 0.5 %

Shares of TTWO opened at $204.57 on Friday. The business’s 50 day moving average is $197.47 and its 200 day moving average is $179.10. The company has a market capitalization of $36.11 billion, a PE ratio of -9.59, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.

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.