Nikko Asset Management Americas Inc. Has $906,000 Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Nikko Asset Management Americas Inc. reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,924 shares of the company’s stock after selling 234 shares during the period. Nikko Asset Management Americas Inc.’s holdings in Take-Two Interactive Software were worth $906,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Davis R M Inc. boosted its holdings in Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock valued at $42,233,000 after acquiring an additional 10,701 shares during the last quarter. Swiss National Bank lifted its position in Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after purchasing an additional 13,200 shares during the period. Fiduciary Alliance LLC bought a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $734,000. Paloma Partners Management Co acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $20,290,000. Finally, Legacy Trust raised its stake in shares of Take-Two Interactive Software by 8.9% during the fourth quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after buying an additional 2,115 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TTWO. The Goldman Sachs Group raised their price objective 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. JPMorgan Chase & Co. raised their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Ascendiant Capital Markets upped their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Finally, Roth Mkm boosted their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. 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 Trading Up 0.9 %

Shares of NASDAQ:TTWO opened at $206.50 on Tuesday. The firm has a market cap of $36.45 billion, a price-to-earnings ratio of -9.68, a PEG ratio of 6.83 and a beta of 0.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $218.75. The company’s fifty day simple moving average is $197.82 and its 200 day simple moving average is $179.56.

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.