PNC Financial Services Group Inc. Increases Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

PNC Financial Services Group Inc. lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,649 shares of the company’s stock after acquiring an additional 1,413 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Take-Two Interactive Software were worth $3,328,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Massachusetts Financial Services Co. MA increased its position in shares of Take-Two Interactive Software by 4.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock worth $737,684,000 after acquiring an additional 192,774 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Take-Two Interactive Software by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after buying an additional 666,198 shares during the last quarter. Boston Partners increased its holdings in Take-Two Interactive Software by 1.8% in the first quarter. Boston Partners now owns 2,697,648 shares of the company’s stock valued at $400,379,000 after buying an additional 48,909 shares during the last quarter. 1832 Asset Management L.P. increased its holdings in Take-Two Interactive Software by 49.9% in the second quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock valued at $251,797,000 after buying an additional 538,906 shares during the last quarter. Finally, DNB Asset Management AS increased its holdings in Take-Two Interactive Software by 6.7% in the second quarter. DNB Asset Management AS now owns 1,406,841 shares of the company’s stock valued at $218,750,000 after buying an additional 88,908 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 0.8 %

Shares of NASDAQ:TTWO opened at $188.15 on Monday. The stock has a market capitalization of $33.04 billion, a PE ratio of -8.89, a P/E/G ratio of 5.67 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $188.45. The firm has a fifty day moving average price of $162.18 and a 200 day moving average price of $156.55. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.45% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on TTWO shares. Stifel Nicolaus boosted their price objective on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, September 5th. UBS Group boosted their price objective on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price for the company in a report on Monday, August 12th. JPMorgan Chase & Co. lowered their target price on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, October 22nd. Finally, Oppenheimer upped their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $191.75.

Take-Two Interactive Software Company 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.