Point72 Asset Management L.P. Raises Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Point72 Asset Management L.P. boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 85.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,095 shares of the company’s stock after purchasing an additional 13,840 shares during the period. Point72 Asset Management L.P.’s holdings in Take-Two Interactive Software were worth $5,540,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Davis R M Inc. lifted its holdings in Take-Two Interactive Software by 4.9% during the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock worth $42,233,000 after buying an additional 10,701 shares during the last quarter. Landscape Capital Management L.L.C. bought a new position in Take-Two Interactive Software during the 4th quarter worth approximately $1,442,000. Legacy Trust lifted its holdings in Take-Two Interactive Software by 8.9% during 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 worth approximately $748,000. Finally, Fisher Asset Management LLC bought a new position in Take-Two Interactive Software during the 4th quarter worth approximately $259,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. Morgan Stanley increased their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday. Oppenheimer increased their price target on 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. Robert W. Baird increased their price target on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday. Stifel Nicolaus increased their price target on 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. Finally, Moffett Nathanson increased their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Two analysts have rated the stock with 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $228.10.

Take-Two Interactive Software Trading Up 3.5%

Shares of TTWO stock opened at $234.66 on Tuesday. The stock has a 50-day simple moving average of $215.48 and a 200 day simple moving average of $199.36. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $240.78. The stock has a market capitalization of $41.42 billion, a P/E ratio of -11.00, a P/E/G ratio of 6.83 and a beta of 1.08. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

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.