Tokio Marine Asset Management Co. Ltd. Has $764,000 Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,744 shares of the company’s stock after purchasing an additional 205 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $764,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TTWO. Nordea Investment Management AB grew its stake in Take-Two Interactive Software by 130.8% in the 3rd quarter. Nordea Investment Management AB now owns 653,346 shares of the company’s stock valued at $92,122,000 after purchasing an additional 370,229 shares during the period. Mariner LLC grew its stake in Take-Two Interactive Software by 223.2% in the 3rd quarter. Mariner LLC now owns 497,060 shares of the company’s stock valued at $69,783,000 after purchasing an additional 343,277 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Take-Two Interactive Software by 8.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,170,470 shares of the company’s stock valued at $585,492,000 after purchasing an additional 321,632 shares during the period. Schroder Investment Management Group grew its stake in Take-Two Interactive Software by 117.1% in the 3rd quarter. Schroder Investment Management Group now owns 530,403 shares of the company’s stock valued at $74,463,000 after purchasing an additional 286,076 shares during the period. Finally, Boston Partners grew its stake in Take-Two Interactive Software by 10.5% in the 3rd quarter. Boston Partners now owns 2,893,303 shares of the company’s stock valued at $405,792,000 after purchasing an additional 275,368 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $144.47 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $119.57 and a 1-year high of $171.59. The stock’s 50-day moving average is $147.33 and its 200 day moving average is $152.16.

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

Insider Activity at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 260 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares of the company’s stock, valued at approximately $9,910,799.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Michael Sheresky sold 260 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Karl Slatoff sold 90,851 shares of the firm’s stock in a transaction that occurred 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 transaction, the president now owns 87,286 shares in the company, valued at $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is currently owned by insiders.

Analyst Ratings Changes

TTWO has been the subject of a number of recent analyst reports. Moffett Nathanson downgraded Take-Two Interactive Software from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $169.00 to $167.00 in a research note on Monday, February 5th. The Goldman Sachs Group upped their price objective on Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, January 19th. Benchmark reiterated a “buy” rating and set a $200.00 price target on shares of Take-Two Interactive Software in a research note on Friday, April 19th. Wedbush reiterated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, April 17th. Finally, Citigroup upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their target price for the stock from $170.00 to $200.00 in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.61.

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.