Siemens Fonds Invest GmbH Increases Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Siemens Fonds Invest GmbH lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 92.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,348 shares of the company’s stock after buying an additional 1,608 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Take-Two Interactive Software were worth $616,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Davis R M Inc. grew its holdings in Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock worth $42,233,000 after purchasing an additional 10,701 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $1,442,000. Legacy Trust grew its stake in shares of Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after buying an additional 2,115 shares during the last quarter. Summit Place Financial Advisors LLC bought a new position in Take-Two Interactive Software during the 4th quarter valued at approximately $748,000. Finally, Fisher Asset Management LLC purchased a new position in Take-Two Interactive Software during the fourth quarter valued at $259,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Price Performance

NASDAQ TTWO opened at $226.74 on Friday. The stock has a market capitalization of $40.02 billion, a price-to-earnings ratio of -10.63, a PEG ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $240.78. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The business’s fifty day moving average price is $214.89 and its 200-day moving average price is $198.61.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Moffett Nathanson increased their target price on 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. JPMorgan Chase & Co. upped 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 research note on Friday. Robert W. Baird raised their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an “outperform” rating in a research note on Friday. UBS Group lifted their target price on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a “buy” rating in a report on Friday. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $236.00 price target (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Two research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $225.48.

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.