Healthcare of Ontario Pension Plan Trust Fund Cuts Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Healthcare of Ontario Pension Plan Trust Fund reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 27.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,447 shares of the company’s stock after selling 4,287 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Take-Two Interactive Software were worth $1,760,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its position in shares of Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after buying an additional 648,982 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Take-Two Interactive Software by 17.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock worth $694,173,000 after acquiring an additional 666,198 shares during the last quarter. 1832 Asset Management L.P. raised its holdings in shares of Take-Two Interactive Software by 49.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock worth $251,797,000 after acquiring an additional 538,906 shares in the last quarter. Ninety One UK Ltd boosted its position in shares of Take-Two Interactive Software by 473.2% during the 2nd quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock valued at $197,383,000 after acquiring an additional 1,047,979 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Take-Two Interactive Software by 2.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,266,248 shares of the company’s stock valued at $196,913,000 after purchasing an additional 28,588 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. BMO Capital Markets upped their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target for the company. Robert W. Baird lifted their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a research report on Monday, August 12th. Finally, Oppenheimer lifted their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $191.75.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $188.38 on Monday. The company has a market capitalization of $33.09 billion, a P/E ratio of -8.90, a P/E/G ratio of 5.68 and a beta of 0.85. The company’s 50-day simple moving average is $165.66 and its two-hundred day simple moving average is $157.93. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $190.43. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.45% of the stock is owned by company insiders.

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.