Commerzbank Aktiengesellschaft FI Invests $292,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Commerzbank Aktiengesellschaft FI purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,578 shares of the company’s stock, valued at approximately $292,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp raised its stake 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 worth $1,675,241,000 after purchasing an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake 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 worth $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 raised its stake in shares of Take-Two Interactive Software by 10.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after acquiring an additional 417,325 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of 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 valued at $614,511,000 after acquiring an additional 134,767 shares in the last quarter. Finally, Ninety One UK Ltd raised its stake 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 valued at $280,190,000 after acquiring an additional 21,470 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $214.81 on Thursday. The stock’s fifty day simple moving average is $194.22 and its 200 day simple moving average is $176.54. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $218.75. The firm has a market cap of $37.91 billion, a price-to-earnings ratio of -10.07, a P/E/G ratio of 6.83 and a beta of 0.89.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of recent analyst reports. Robert W. Baird raised their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Morgan Stanley raised their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. BMO Capital Markets reissued an “outperform” rating and issued a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

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.