ExodusPoint Capital Management LP Boosts Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

ExodusPoint Capital Management LP grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 42.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 112,139 shares of the company’s stock after buying an additional 33,315 shares during the period. ExodusPoint Capital Management LP owned 0.07% of Take-Two Interactive Software worth $16,502,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Osaic Holdings Inc. increased its stake in shares of Take-Two Interactive Software by 2.8% during the second quarter. Osaic Holdings Inc. now owns 31,709 shares of the company’s stock valued at $4,405,000 after buying an additional 875 shares during the period. Profund Advisors LLC increased its stake in shares of Take-Two Interactive Software by 20.6% during the second quarter. Profund Advisors LLC now owns 2,666 shares of the company’s stock valued at $392,000 after buying an additional 456 shares during the period. Gabelli Funds LLC increased its stake in shares of Take-Two Interactive Software by 0.4% during the second quarter. Gabelli Funds LLC now owns 47,057 shares of the company’s stock valued at $6,925,000 after buying an additional 200 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Take-Two Interactive Software by 1.6% during the second quarter. Commonwealth Equity Services LLC now owns 6,437 shares of the company’s stock valued at $947,000 after buying an additional 99 shares during the period. Finally, Boston Partners increased its stake in shares of Take-Two Interactive Software by 67.9% during the second quarter. Boston Partners now owns 2,617,935 shares of the company’s stock valued at $385,045,000 after buying an additional 1,059,099 shares during the period. 89.95% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TTWO shares. Roth Mkm lifted their price target on Take-Two Interactive Software from $160.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. Raymond James upgraded Take-Two Interactive Software from a “market perform” rating to an “outperform” rating and set a $170.00 price target on the stock in a research report on Wednesday, October 11th. Oppenheimer restated an “outperform” rating and set a $157.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. JPMorgan Chase & Co. lifted their price target on Take-Two Interactive Software from $162.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, September 28th. Finally, StockNews.com started coverage on Take-Two Interactive Software in a research report on Thursday, October 5th. They set a “sell” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $152.88.

Take-Two Interactive Software Stock Down 0.6 %

Take-Two Interactive Software stock opened at $155.00 on Tuesday. The stock has a market cap of $26.36 billion, a PE ratio of -17.42, a price-to-earnings-growth ratio of 2.84 and a beta of 0.68. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a one year low of $96.00 and a one year high of $156.54. The stock has a fifty day moving average of $141.88 and a 200 day moving average of $141.16.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Wednesday, November 8th. The company reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($4.22). The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Take-Two Interactive Software had a negative net margin of 27.83% and a positive return on equity of 3.32%. The firm’s revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.72 EPS. As a group, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 1.62 EPS for the current year.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.