The Manufacturers Life Insurance Company Buys 1,339 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

The Manufacturers Life Insurance Company increased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.4% in the third quarter, Holdings Channel.com reports. The fund owned 98,134 shares of the company’s stock after acquiring an additional 1,339 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Take-Two Interactive Software were worth $15,084,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Crewe Advisors LLC grew its position in shares of Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank n.a. boosted its stake in Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 121 shares during the period. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software during the third quarter worth about $31,000. HHM Wealth Advisors LLC bought a new position in Take-Two Interactive Software in the 2nd quarter worth about $37,000. Finally, Blue Trust Inc. raised its holdings in shares of Take-Two Interactive Software by 410.6% in the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after acquiring an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 1.5 %

Shares of NASDAQ:TTWO opened at $188.38 on Monday. The stock’s 50-day moving average is $165.66 and its 200 day moving average is $157.93. The company has a market cap of $33.09 billion, a PE ratio of -8.90, a P/E/G ratio of 5.68 and a beta of 0.85. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $190.43.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink. Insiders own 1.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TTWO. Stifel Nicolaus boosted their price objective on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a report on Thursday, September 5th. TD Cowen increased their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Morgan Stanley lifted their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. reduced their target price on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 22nd. Finally, BMO Capital Markets lifted their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note 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 given 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 a consensus price target of $191.75.

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.