Geode Capital Management LLC Buys 99,279 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Geode Capital Management LLC boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,110,469 shares of the company’s stock after purchasing an additional 99,279 shares during the period. Geode Capital Management LLC’s holdings in Take-Two Interactive Software were worth $754,671,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. raised its holdings in shares of Take-Two Interactive Software by 19.9% in the 4th quarter. Franklin Resources Inc. now owns 14,587 shares of the company’s stock worth $2,685,000 after purchasing an additional 2,420 shares during the period. B. Metzler seel. Sohn & Co. AG raised its stake in shares of Take-Two Interactive Software by 3.8% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 11,480 shares of the company’s stock valued at $2,113,000 after buying an additional 423 shares during the period. Alliancebernstein L.P. lifted its position in shares of Take-Two Interactive Software by 3.5% during the 4th quarter. Alliancebernstein L.P. now owns 300,583 shares of the company’s stock valued at $55,331,000 after buying an additional 10,039 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Take-Two Interactive Software by 42.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 8,822 shares of the company’s stock worth $1,624,000 after acquiring an additional 2,645 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in Take-Two Interactive Software by 72.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,600 shares of the company’s stock worth $294,000 after acquiring an additional 674 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $211.10 on Thursday. The firm has a market capitalization of $37.26 billion, a PE ratio of -9.90, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $220.93. The business’s 50-day moving average price is $204.61 and its 200-day moving average price is $184.02.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TTWO shares. Citigroup upped their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. JPMorgan Chase & Co. boosted their target price 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. DA Davidson began coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price target for the company. Finally, Oppenheimer lifted their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

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.