Cornerstone Investment Partners LLC Sells 483 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Cornerstone Investment Partners LLC reduced its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,504 shares of the company’s stock after selling 483 shares during the period. Take-Two Interactive Software makes up 2.3% of Cornerstone Investment Partners LLC’s portfolio, making the stock its 20th biggest holding. Cornerstone Investment Partners LLC’s holdings in Take-Two Interactive Software were worth $47,217,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. State Street Corp grew its position in shares of 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 in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 13.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after purchasing an additional 648,982 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Take-Two Interactive Software by 10.9% in 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 worth $651,817,000 after acquiring an additional 417,325 shares in the last quarter. Geode Capital Management LLC grew its position in Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after acquiring an additional 134,767 shares in the last quarter. Finally, Ninety One UK Ltd grew its position in Take-Two Interactive Software by 1.4% in the fourth quarter. Ninety One UK Ltd now owns 1,522,111 shares of the company’s stock worth $280,190,000 after acquiring an additional 21,470 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Down 1.9 %

NASDAQ:TTWO opened at $208.05 on Tuesday. The company’s 50 day moving average price is $193.75 and its 200-day moving average price is $176.13. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $218.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market cap of $36.72 billion, a price-to-earnings ratio of -9.75, a PEG ratio of 6.83 and a beta of 0.89.

Analyst Ratings Changes

Several brokerages recently issued reports on TTWO. Moffett Nathanson upped their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their target price for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Robert W. Baird upped their target price on shares of 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. StockNews.com lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Finally, DA Davidson began coverage on shares of Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price target for the company. One equities research 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $213.38.

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.