Boston Partners Sells 1,075,006 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Boston Partners trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 63.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 616,885 shares of the company’s stock after selling 1,075,006 shares during the period. Boston Partners owned approximately 0.35% of Take-Two Interactive Software worth $113,574,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Davis R M Inc. increased its position in Take-Two Interactive Software by 4.9% in the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock valued at $42,233,000 after buying an additional 10,701 shares in the last quarter. Swiss National Bank increased its position in Take-Two Interactive Software by 2.7% in the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after buying an additional 13,200 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in Take-Two Interactive Software in the 4th quarter valued at about $734,000. Paloma Partners Management Co bought a new stake in Take-Two Interactive Software in the 3rd quarter valued at about $20,290,000. Finally, Legacy Trust increased its position in Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock valued at $4,744,000 after buying an additional 2,115 shares in the last quarter. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on the company. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Benchmark reissued a “buy” rating and set a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Raymond James reissued an “outperform” rating and set a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Roth Mkm boosted their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, Citigroup boosted their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $204.32 on Wednesday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $218.75. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The business’s 50 day simple moving average is $198.27 and its 200 day simple moving average is $179.86. The company has a market cap of $36.06 billion, a price-to-earnings ratio of -9.58, a PEG ratio of 6.83 and a beta of 0.82.

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.