US Bancorp DE Sells 2,823 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

US Bancorp DE decreased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,566 shares of the company’s stock after selling 2,823 shares during the period. US Bancorp DE’s holdings in Take-Two Interactive Software were worth $5,627,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TTWO. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $27,000. Versant Capital Management Inc boosted its stake in shares of Take-Two Interactive Software by 87.0% in the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after buying an additional 87 shares during the period. Truvestments Capital LLC acquired a new stake in Take-Two Interactive Software during the third quarter worth approximately $31,000. Friedenthal Financial bought a new position in Take-Two Interactive Software during the 4th quarter worth $50,000. Finally, First Horizon Advisors Inc. raised its holdings in Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after acquiring an additional 54 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on TTWO shares. Moffett Nathanson increased their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Morgan Stanley upped their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Ascendiant Capital Markets upped their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Stock Up 0.2 %

NASDAQ:TTWO opened at $208.55 on Wednesday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $218.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $36.81 billion, a PE ratio of -9.78, a P/E/G ratio of 6.83 and a beta of 0.89. The firm’s 50 day simple moving average is $194.22 and its 200 day simple moving average is $176.54.

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.