Aristotle Atlantic Partners LLC Cuts Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Aristotle Atlantic Partners LLC lowered its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,283 shares of the company’s stock after selling 1,817 shares during the quarter. Aristotle Atlantic Partners LLC’s holdings in Take-Two Interactive Software were worth $3,366,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wealthfront Advisers LLC increased its stake in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after acquiring an additional 142,450,266 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company’s stock valued at $3,563,690,000 after purchasing an additional 99,909 shares during the last quarter. Capital International Investors raised its holdings in Take-Two Interactive Software by 9.5% during the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company’s stock valued at $899,036,000 after buying an additional 424,893 shares during the period. Geode Capital Management LLC lifted its position in Take-Two Interactive Software by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company’s stock worth $754,671,000 after buying an additional 99,279 shares during the last quarter. Finally, Norges Bank purchased a new position in Take-Two Interactive Software during the fourth quarter worth $495,086,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Down 6.7 %

Shares of Take-Two Interactive Software stock opened at $219.50 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $238.00. The firm’s 50-day moving average price is $210.94 and its 200 day moving average price is $193.62. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $38.74 billion, a PE ratio of -10.29, a P/E/G ratio of 6.83 and a beta of 1.01.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TTWO shares. DA Davidson began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 target price on the stock. Benchmark reissued a “buy” rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Wedbush reiterated an “outperform” rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. The Goldman Sachs Group boosted their price objective 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, UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $213.86.

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.