Mitsubishi UFJ Asset Management Co. Ltd. Grows Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 273,731 shares of the company’s stock after buying an additional 28,243 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $51,667,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Davis R M Inc. raised its position in Take-Two Interactive Software by 4.9% during the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock valued at $42,233,000 after purchasing an additional 10,701 shares in the last quarter. Fiduciary Alliance LLC bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at about $734,000. Paloma Partners Management Co bought a new stake in Take-Two Interactive Software in the 3rd quarter worth approximately $20,290,000. Legacy Trust lifted its position in Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after buying an additional 2,115 shares during the last quarter. Finally, Summit Place Financial Advisors LLC purchased a new stake in Take-Two Interactive Software in the fourth quarter worth approximately $748,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TTWO shares. Moffett Nathanson boosted their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Benchmark reiterated 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 report on Friday, February 7th. Ascendiant Capital Markets upped their price target on shares of 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. Wedbush reiterated an “outperform” rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Citigroup increased their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. 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 stock. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Price Performance

TTWO stock opened at $210.47 on Friday. The firm has a 50-day moving average of $203.24 and a 200 day moving average of $182.63. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $37.15 billion, a P/E ratio of -9.87, a PEG ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93.

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.