Nomura Asset Management Co. Ltd. Has $10.56 Million Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Nomura Asset Management Co. Ltd. increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,385 shares of the company’s stock after buying an additional 1,079 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $10,563,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Cerity Partners LLC increased its position in shares of Take-Two Interactive Software by 35.3% in the third quarter. Cerity Partners LLC now owns 7,556 shares of the company’s stock worth $1,161,000 after purchasing an additional 1,973 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Take-Two Interactive Software by 1.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company’s stock valued at $15,084,000 after buying an additional 1,339 shares during the period. D.A. Davidson & CO. raised its position in shares of Take-Two Interactive Software by 2.4% in the 3rd quarter. D.A. Davidson & CO. now owns 9,778 shares of the company’s stock valued at $1,503,000 after buying an additional 233 shares in the last quarter. Fiduciary Trust Co lifted its holdings in shares of Take-Two Interactive Software by 20.2% during the 3rd quarter. Fiduciary Trust Co now owns 3,547 shares of the company’s stock worth $545,000 after acquiring an additional 596 shares during the period. Finally, Public Sector Pension Investment Board lifted its holdings in shares of Take-Two Interactive Software by 19.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,719 shares of the company’s stock worth $1,033,000 after acquiring an additional 1,100 shares during the period. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 1.8 %

TTWO opened at $210.47 on Monday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $220.93. The company has a fifty day moving average of $203.24 and a 200-day moving average of $183.04. The stock has a market cap of $37.15 billion, a PE ratio of -9.87, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

Analysts Set New Price Targets

Several brokerages have commented on TTWO. Wedbush restated an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, February 7th. DA Davidson started coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price objective for the company. Benchmark reiterated a “buy” rating and issued a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. JPMorgan Chase & Co. boosted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Finally, Raymond James restated an “outperform” rating and issued a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $213.38.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.