Pendal Group Ltd trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Rating) by 14.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,714 shares of the company's stock after selling 1,167 shares during the period. Pendal Group Ltd's holdings in Take-Two Interactive Software were worth $699,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. BLB&B Advisors LLC lifted its holdings in Take-Two Interactive Software by 0.6% in the fourth quarter. BLB&B Advisors LLC now owns 26,818 shares of the company's stock valued at $2,793,000 after acquiring an additional 156 shares during the period. Maryland State Retirement & Pension System purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $1,319,000. Czech National Bank lifted its stake in shares of Take-Two Interactive Software by 1.4% in the 4th quarter. Czech National Bank now owns 18,457 shares of the company's stock worth $1,922,000 after purchasing an additional 249 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Take-Two Interactive Software by 36.5% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 3,928 shares of the company's stock worth $409,000 after buying an additional 1,050 shares during the last quarter. Finally, Gofen & Glossberg LLC IL grew its position in Take-Two Interactive Software by 43.3% during the fourth quarter. Gofen & Glossberg LLC IL now owns 17,663 shares of the company's stock valued at $1,839,000 after buying an additional 5,335 shares during the period. Institutional investors own 87.72% of the company's stock.

Take-Two Interactive Software Stock Up 1.0 %

Take-Two Interactive Software stock opened at $116.67 on Thursday. Take-Two Interactive Software, Inc. has a 1-year low of $90.00 and a 1-year high of $159.51. The company's 50-day moving average is $112.76 and its 200 day moving average is $110.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.87.

Take-Two Interactive Software (NASDAQ:TTWO – Get Rating) last released its earnings results on Monday, February 6th. The company reported ($0.91) earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by ($1.79). The business had revenue of $1.38 billion during the quarter, compared to analysts' expectations of $1.45 billion. Take-Two Interactive Software had a positive return on equity of 4.37% and a negative net margin of 8.35%. The business's revenue for the quarter was up 59.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. Equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on TTWO shares. KeyCorp lowered their target price on Take-Two Interactive Software from $125.00 to $124.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 7th. Roth Mkm cut their price objective on Take-Two Interactive Software from $140.00 to $130.00 and set a "buy" rating for the company in a research note on Tuesday, February 7th. Benchmark decreased their target price on shares of Take-Two Interactive Software from $125.00 to $120.00 and set a "buy" rating on the stock in a research note on Tuesday, February 7th. Moffett Nathanson raised shares of Take-Two Interactive Software from a "market perform" rating to an "outperform" rating and set a $140.00 price target on the stock in a report on Friday, January 27th. Finally, DZ Bank cut shares of Take-Two Interactive Software from a "buy" rating to a "hold" rating and set a $105.00 price objective for the company. in a research note on Tuesday, February 14th. One equities research 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. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $138.88.

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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