Commonwealth Equity Services LLC Grows Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Commonwealth Equity Services LLC boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,612 shares of the company’s stock after acquiring an additional 253 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Take-Two Interactive Software were worth $1,401,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TTWO. Wealthfront Advisers LLC increased its position in shares of Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock valued at $26,223,853,000 after acquiring an additional 142,450,266 shares during the period. State Street Corp raised its position in Take-Two Interactive Software by 8.8% during the 3rd 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 last quarter. Geode Capital Management LLC lifted its holdings in Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after buying an additional 134,767 shares during the period. Ninety One UK Ltd grew its position in shares of Take-Two Interactive Software by 1.4% in the 4th quarter. Ninety One UK Ltd now owns 1,522,111 shares of the company’s stock worth $280,190,000 after buying an additional 21,470 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Take-Two Interactive Software by 4.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,056,062 shares of the company’s stock valued at $194,400,000 after buying an additional 42,664 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Moffett Nathanson lifted their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, February 7th. The Goldman Sachs Group lifted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. DA Davidson began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price target for the company. Raymond James reaffirmed an “outperform” rating and set a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Oppenheimer increased their target price on 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $213.38.

Take-Two Interactive Software Trading Down 1.8 %

Shares of NASDAQ TTWO opened at $210.47 on Monday. The firm’s 50 day moving average price is $203.24 and its 200-day moving average price is $183.04. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $37.15 billion, a PE ratio of -9.87, a P/E/G ratio of 6.83 and a beta of 0.82.

Take-Two Interactive Software 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.