Tokio Marine Asset Management Co. Ltd. Increases Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tokio Marine Asset Management Co. Ltd. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 18.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,084 shares of the company’s stock after purchasing an additional 952 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $1,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC grew its stake in Take-Two Interactive Software by 5.9% during the second quarter. AQR Capital Management LLC now owns 19,265 shares of the company’s stock valued at $2,996,000 after acquiring an additional 1,078 shares in the last quarter. Cetera Investment Advisers grew its stake in Take-Two Interactive Software by 12.8% during the second quarter. Cetera Investment Advisers now owns 14,987 shares of the company’s stock valued at $2,330,000 after acquiring an additional 1,706 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Take-Two Interactive Software during the second quarter valued at $638,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Take-Two Interactive Software during the second quarter valued at $2,446,000. Finally, Czech National Bank lifted its position in Take-Two Interactive Software by 9.7% during the third quarter. Czech National Bank now owns 33,207 shares of the company’s stock valued at $5,104,000 after purchasing an additional 2,948 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 0.3 %

NASDAQ TTWO opened at $186.07 on Tuesday. The company’s 50-day simple moving average is $185.68 and its two-hundred day simple moving average is $167.64. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $192.50. The company has a market capitalization of $32.68 billion, a price-to-earnings ratio of -8.79, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89.

Insider Transactions at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value 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 trade represents a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on TTWO. Robert W. Baird increased their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. The Goldman Sachs Group raised their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. BMO Capital Markets restated an “outperform” rating and issued a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. StockNews.com upgraded shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average price target of $204.06.

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.