Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 34,730 shares of the company’s stock after selling 756 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Take-Two Interactive Software were worth $6,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in TTWO. Wealthfront Advisers LLC lifted its position in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the period. State Street Corp lifted its position in Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after purchasing an additional 880,816 shares during the period. Raymond James Financial Inc. acquired a new position in Take-Two Interactive Software during the fourth quarter valued at $115,133,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Take-Two Interactive Software by 10.9% during the third 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 period. Finally, Amundi lifted its position in Take-Two Interactive Software by 74.8% during the fourth quarter. Amundi now owns 741,045 shares of the company’s stock valued at $136,160,000 after purchasing an additional 317,048 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on TTWO. JPMorgan Chase & Co. boosted their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Ascendiant Capital Markets upped their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Oppenheimer upped their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. Finally, Wedbush reiterated an “outperform” rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a research 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 given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Stock Up 1.8 %

Shares of NASDAQ TTWO opened at $213.47 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. The stock has a market cap of $37.68 billion, a PE ratio of -10.01, a P/E/G ratio of 6.83 and a beta of 0.82. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average of $199.99 and a 200 day moving average of $180.80.

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.