Tokio Marine Asset Management Co. Ltd. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Rating) by 10.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investors owned 2,976 shares of the company’s stock after acquiring an additional 277 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $310,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 1.6% in the third quarter. Vanguard Group Inc. now owns 17,859,654 shares of the company’s stock worth $1,946,703,000 after buying an additional 283,258 shares during the last quarter. State Street Corp grew its holdings in Take-Two Interactive Software by 1.2% during the 3rd quarter. State Street Corp now owns 6,836,793 shares of the company’s stock valued at $745,150,000 after buying an additional 83,362 shares in the last quarter. Capital World Investors purchased a new stake in Take-Two Interactive Software during the first quarter valued at $513,164,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Take-Two Interactive Software by 7.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,244,472 shares of the company’s stock valued at $353,647,000 after acquiring an additional 231,556 shares during the last quarter. Finally, UBS Asset Management Americas Inc. lifted its stake in shares of Take-Two Interactive Software by 10.5% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 2,351,506 shares of the company’s stock valued at $256,314,000 after purchasing an additional 223,735 shares during the last quarter. Institutional investors own 87.72% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on TTWO. BMO Capital Markets upped their target price on shares of Take-Two Interactive Software from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 8th. JPMorgan Chase & Co. decreased their price objective on Take-Two Interactive Software from $144.00 to $140.00 and set an “overweight” rating for the company in a report on Tuesday, February 7th. Credit Suisse Group lifted their price objective on shares of Take-Two Interactive Software from $122.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, February 3rd. Wedbush dropped their price target on shares of Take-Two Interactive Software from $140.00 to $130.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 7th. Finally, MKM Partners reduced their price objective on shares of Take-Two Interactive Software from $140.00 to $130.00 in a research report on Tuesday, February 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $138.88.
Take-Two Interactive Software Price Performance
TTWO stock opened at $119.00 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $90.00 and a 1 year high of $147.90. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.29. The stock’s fifty day moving average is $114.11 and its two-hundred day moving average is $110.18.
Take-Two Interactive Software (NASDAQ:TTWO – Get Rating) last issued its quarterly earnings data on Monday, February 6th. The company reported ($0.91) earnings per share for the quarter, missing the consensus estimate of $0.88 by ($1.79). Take-Two Interactive Software has a negative net margin of 8.35% and a positive return on equity of 4.37%. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the business earned $1.13 earnings per share. The company’s revenue for the quarter was up 59.6% compared to the same quarter last year. As a group, research analysts forecast that Take-Two Interactive Software, Inc. will post 1.7 earnings per share for the current fiscal year.
Take-Two Interactive Software Company Profile
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Take-Two Interactive Software, Inc. engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers, including smart phones and tablets, and are delivered through physical retail, digital download, online platforms, and cloud streaming services.
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