Shell Asset Management Co. Sells 783 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Shell Asset Management Co. lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 13.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,243 shares of the company’s stock after selling 783 shares during the period. Shell Asset Management Co.’s holdings in Take-Two Interactive Software were worth $965,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC grew its position in shares of Take-Two Interactive Software by 1,630,798.7% during 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 in the last quarter. Norges Bank bought a new stake in Take-Two Interactive Software during the fourth quarter valued at $495,086,000. Raymond James Financial Inc. purchased a new position in Take-Two Interactive Software during the fourth quarter worth about $115,133,000. Alyeska Investment Group L.P. grew its position in Take-Two Interactive Software by 74.3% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company’s stock worth $247,983,000 after buying an additional 574,326 shares in the last quarter. Finally, Capital International Investors increased its stake in Take-Two Interactive Software by 9.5% in the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company’s stock worth $899,036,000 after acquiring an additional 424,893 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TTWO shares. Morgan Stanley dropped their price target on Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Benchmark lifted their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. increased their price target on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday. Ascendiant Capital Markets raised their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Finally, Stifel Nicolaus upped their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $225.48.

Take-Two Interactive Software Trading Down 2.4%

Shares of TTWO stock opened at $226.74 on Friday. The business has a 50-day moving average of $214.89 and a 200 day moving average of $198.61. 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, Inc. has a 1-year low of $135.24 and a 1-year high of $240.78. The stock has a market capitalization of $40.02 billion, a PE ratio of -10.63, a P/E/G ratio of 6.83 and a beta of 1.08.

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.