Elwood Capital Partners LP Takes $920,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Elwood Capital Partners LP purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,000 shares of the company’s stock, valued at approximately $920,000. Take-Two Interactive Software comprises approximately 0.9% of Elwood Capital Partners LP’s portfolio, making the stock its 20th biggest holding.

A number of other large investors have also bought and sold shares of TTWO. Cerity Partners LLC lifted its holdings in shares of Take-Two Interactive Software by 35.3% during the third quarter. Cerity Partners LLC now owns 7,556 shares of the company’s stock valued at $1,161,000 after purchasing an additional 1,973 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Take-Two Interactive Software by 1.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company’s stock valued at $15,084,000 after acquiring an additional 1,339 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in Take-Two Interactive Software by 19.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,719 shares of the company’s stock valued at $1,033,000 after purchasing an additional 1,100 shares during the last quarter. Erste Asset Management GmbH purchased a new position in shares of Take-Two Interactive Software in the third quarter worth $4,777,000. Finally, Paloma Partners Management Co purchased a new stake in shares of Take-Two Interactive Software during the third quarter valued at $20,290,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Down 1.5 %

Shares of NASDAQ TTWO opened at $207.25 on Tuesday. The business has a fifty day simple moving average of $203.65 and a two-hundred day simple moving average of $183.42. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $220.93. The firm has a market cap of $36.58 billion, a PE ratio of -9.72, 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.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on TTWO shares. Ascendiant Capital Markets upped their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. The Goldman Sachs Group raised their price target on 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. Raymond James reiterated an “outperform” rating and set a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their target price for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Stifel Nicolaus increased their price objective 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. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average 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.