Rathbones Group PLC Boosts Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Rathbones Group PLC boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 193,853 shares of the company’s stock after acquiring an additional 14,000 shares during the quarter. Rathbones Group PLC owned about 0.11% of Take-Two Interactive Software worth $35,684,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Polymer Capital Management US LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth about $296,000. Wellspring Financial Advisors LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $217,000. Cerity Partners LLC grew its position in shares of Take-Two Interactive Software by 10.7% in the fourth quarter. Cerity Partners LLC now owns 8,362 shares of the company’s stock valued at $1,539,000 after purchasing an additional 806 shares during the last quarter. FMR LLC increased its stake in shares of Take-Two Interactive Software by 67.7% during the 4th quarter. FMR LLC now owns 960,654 shares of the company’s stock worth $176,837,000 after purchasing an additional 387,923 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Take-Two Interactive Software by 34.3% during the 4th quarter. Russell Investments Group Ltd. now owns 41,313 shares of the company’s stock worth $7,610,000 after purchasing an additional 10,540 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on TTWO. Moffett Nathanson raised their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. The Goldman Sachs Group upped their price objective on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Citigroup raised their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. lifted their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Finally, UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Stock Down 6.9 %

Shares of Take-Two Interactive Software stock opened at $194.58 on Monday. The stock’s fifty day moving average is $205.30 and its 200-day moving average is $184.93. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $34.34 billion, a PE ratio of -9.12, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $220.93.

About Take-Two Interactive Software

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.