Erste Asset Management GmbH Grows Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Erste Asset Management GmbH lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 25.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 39,110 shares of the company’s stock after buying an additional 7,900 shares during the quarter. Erste Asset Management GmbH’s holdings in Take-Two Interactive Software were worth $7,291,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of TTWO. Swiss National Bank increased its position in shares of Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after purchasing an additional 13,200 shares in the last quarter. CIBC Asset Management Inc increased its position in Take-Two Interactive Software by 9.1% during the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after buying an additional 4,456 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in Take-Two Interactive Software during the 4th quarter valued at about $734,000. Paloma Partners Management Co purchased a new stake in Take-Two Interactive Software in the third quarter valued at about $20,290,000. Finally, Legacy Trust boosted its holdings in Take-Two Interactive Software by 8.9% in the fourth quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after acquiring an additional 2,115 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $203.63 on Friday. The firm has a market cap of $35.94 billion, a PE ratio of -9.55, a P/E/G ratio of 6.83 and a beta of 0.82. The business has a 50-day moving average price of $196.74 and a 200 day moving average price of $178.49. 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 twelve month low of $135.24 and a twelve month high of $218.75.

Analyst Ratings Changes

TTWO has been the subject of several research analyst reports. DA Davidson assumed coverage on shares of Take-Two Interactive Software in a research report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective for the company. Wedbush reiterated an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Ascendiant Capital Markets upped their target price 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. Moffett Nathanson lifted their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Finally, The Goldman Sachs Group increased their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $213.38.

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.