NorthRock Partners LLC Makes New Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

NorthRock Partners LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, Holdings Channel reports. The institutional investor bought 1,519 shares of the company’s stock, valued at approximately $280,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. increased its holdings in shares of Take-Two Interactive Software by 155.9% in the 4th 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 shares of Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock worth $45,000 after buying an additional 72 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in shares of 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 buying an additional 54 shares during the last quarter. Mizuho Bank Ltd. bought a new position in shares of Take-Two Interactive Software in the 4th quarter worth $53,000. Finally, UMB Bank n.a. increased its holdings in shares of Take-Two Interactive Software by 36.3% in the 4th quarter. UMB Bank n.a. now owns 327 shares of the company’s stock worth $60,000 after buying an additional 87 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wedbush reissued an “outperform” rating and issued a $269.00 price target (up previously from $253.00) on shares of Take-Two Interactive Software in a report on Friday. Benchmark increased their price target on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Friday. Raymond James reissued an “outperform” rating and issued a $250.00 price target (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday. Ascendiant Capital Markets increased their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Finally, Morgan Stanley reduced their target price on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus price target of $225.48.

Take-Two Interactive Software Trading Down 2.4%

Shares of TTWO opened at $226.74 on Friday. The stock has a market capitalization of $40.02 billion, a P/E ratio of -10.63, a PEG 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. The firm has a fifty day simple moving average of $214.89 and a two-hundred day simple moving average of $198.61. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $240.78.

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.