Massachusetts Financial Services Co. MA Sells 124,017 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Massachusetts Financial Services Co. MA cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,269,216 shares of the company’s stock after selling 124,017 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 3.00% of Take-Two Interactive Software worth $969,957,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Itau Unibanco Holding S.A. bought a new stake in Take-Two Interactive Software during the third quarter worth about $27,000. Assetmark Inc. increased its position in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after purchasing an additional 87 shares in the last quarter. Friedenthal Financial acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $50,000. Finally, First Horizon Advisors Inc. grew its stake in shares of Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after buying an additional 54 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 1.4 %

Shares of NASDAQ TTWO opened at $210.13 on Wednesday. The stock has a market capitalization of $37.09 billion, a P/E ratio of -9.85, a PEG ratio of 6.83 and a beta of 0.82. The stock’s fifty day moving average is $204.15 and its 200 day moving average is $183.83. 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.

Wall Street Analysts Forecast Growth

TTWO has been the subject of a number of recent analyst reports. Benchmark reiterated a “buy” rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Raymond James reiterated an “outperform” rating and set a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Moffett Nathanson upped their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. DA Davidson initiated coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a “buy” rating and a $250.00 target price for the company. Finally, BMO Capital Markets restated an “outperform” rating and issued a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Take-Two Interactive Software 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.