Allianz SE Invests $210,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Allianz SE purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,139 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Itau Unibanco Holding S.A. bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth about $27,000. Assetmark Inc. boosted its position in Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after buying an additional 106 shares in the last quarter. Versant Capital Management Inc grew its stake in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the last quarter. Friedenthal Financial bought a new stake in Take-Two Interactive Software during the fourth quarter worth about $50,000. Finally, First Horizon Advisors Inc. increased its holdings in shares of Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after buying an additional 54 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on TTWO shares. Citigroup boosted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Moffett Nathanson boosted their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. The Goldman Sachs Group lifted their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, Wedbush reissued an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. One equities 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 assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO opened at $207.25 on Tuesday. The firm’s 50 day simple moving average is $203.65 and its 200 day simple moving average is $183.42. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. The company has a market capitalization of $36.58 billion, a price-to-earnings ratio of -9.72, a P/E/G ratio of 6.83 and a beta of 0.82. 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 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.