Nuveen Asset Management LLC Lowers Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Nuveen Asset Management LLC trimmed its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,388,361 shares of the company’s stock after selling 48,594 shares during the period. Nuveen Asset Management LLC owned about 0.79% of Take-Two Interactive Software worth $255,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Assetmark Inc. raised its holdings in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after buying an additional 106 shares during the last quarter. Itau Unibanco Holding S.A. increased its holdings in Take-Two Interactive Software by 41.4% in the fourth quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock valued at $45,000 after buying an additional 72 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after purchasing an additional 54 shares during the period. Mizuho Bank Ltd. purchased a new position in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $53,000. Finally, UMB Bank n.a. lifted its holdings in Take-Two Interactive Software by 36.3% during the fourth quarter. UMB Bank n.a. now owns 327 shares of the company’s stock valued at $60,000 after purchasing an additional 87 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $232.34 on Friday. The company has a market capitalization of $41.01 billion, a price-to-earnings ratio of -10.89, a PEG ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $238.00. The company’s 50 day simple moving average is $214.44 and its 200 day simple moving average is $197.92.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. The Goldman Sachs Group lifted their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Benchmark reaffirmed 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. Oppenheimer increased their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. Moffett Nathanson boosted their price target on shares of 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. Finally, Wedbush reiterated an “outperform” rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $213.67.

About Take-Two Interactive Software

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.