Illinois Municipal Retirement Fund Boosts Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Illinois Municipal Retirement Fund lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 101.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 46,513 shares of the company’s stock after acquiring an additional 23,433 shares during the period. Illinois Municipal Retirement Fund’s holdings in Take-Two Interactive Software were worth $7,486,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of TTWO. HB Wealth Management LLC grew its stake in shares of Take-Two Interactive Software by 28.8% during the third quarter. HB Wealth Management LLC now owns 1,811 shares of the company’s stock worth $254,000 after acquiring an additional 405 shares during the last quarter. Park Place Capital Corp boosted its position in Take-Two Interactive Software by 24.5% in the third quarter. Park Place Capital Corp now owns 777 shares of the company’s stock valued at $109,000 after buying an additional 153 shares during the last quarter. Caprock Group LLC boosted its position in Take-Two Interactive Software by 19.2% in the third quarter. Caprock Group LLC now owns 3,040 shares of the company’s stock valued at $427,000 after buying an additional 490 shares during the last quarter. Oak Thistle LLC boosted its position in Take-Two Interactive Software by 119.9% in the third quarter. Oak Thistle LLC now owns 4,861 shares of the company’s stock valued at $682,000 after buying an additional 2,650 shares during the last quarter. Finally, Czech National Bank boosted its position in Take-Two Interactive Software by 47.1% in the third quarter. Czech National Bank now owns 27,605 shares of the company’s stock valued at $3,875,000 after buying an additional 8,838 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 1.3 %

Shares of TTWO opened at $141.72 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. Take-Two Interactive Software, Inc. has a one year low of $119.57 and a one year high of $171.59. The stock has a market capitalization of $24.18 billion, a price-to-earnings ratio of -16.52, a PEG ratio of 1.19 and a beta of 0.74. The stock has a 50 day moving average price of $148.03 and a 200 day moving average price of $152.27.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on TTWO. Roth Mkm upped their target price on Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Oppenheimer reiterated an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday. Moffett Nathanson downgraded Take-Two Interactive Software from a “buy” rating to a “neutral” rating and decreased their price target for the company from $169.00 to $167.00 in a report on Monday, February 5th. Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of Take-Two Interactive Software in a report on Friday, April 19th. Finally, BMO Capital Markets started coverage on Take-Two Interactive Software in a report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price target for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $177.61.

Insider Buying and Selling

In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares in the company, valued at approximately $12,965,462.44. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total value of $40,487.20. Following the completion of the sale, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is owned by company insiders.

Take-Two Interactive Software 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.