Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Position Increased by Deutsche Bank AG

Deutsche Bank AG increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 16.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,008,047 shares of the company’s stock after buying an additional 145,408 shares during the quarter. Deutsche Bank AG owned about 0.57% of Take-Two Interactive Software worth $185,561,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its position in Take-Two Interactive Software by 1,630,798.7% in the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. Norges Bank bought a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $495,086,000. Raymond James Financial Inc. bought a new position in Take-Two Interactive Software in the 4th quarter worth approximately $115,133,000. Alyeska Investment Group L.P. increased its position in Take-Two Interactive Software by 74.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company’s stock valued at $247,983,000 after acquiring an additional 574,326 shares during the period. Finally, Capital International Investors raised its stake 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 acquiring an additional 424,893 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 0.4 %

Take-Two Interactive Software stock opened at $226.25 on Friday. The firm’s 50 day moving average price is $212.73 and its two-hundred day moving average price is $196.06. The firm has a market cap of $39.93 billion, a PE ratio of -10.61, a P/E/G ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $238.00. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of recent analyst reports. Morgan Stanley cut their price objective on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Benchmark restated a “buy” rating and set a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Moffett Nathanson raised their price objective on shares of 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. BMO Capital Markets restated an “outperform” rating and issued a $236.00 target price (down from $240.00) on shares of Take-Two Interactive Software in a research report on Monday, May 5th. Finally, StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.67.

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.