Candriam S.C.A. Buys 2,762 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Candriam S.C.A. increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 23.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,571 shares of the company’s stock after acquiring an additional 2,762 shares during the quarter. Candriam S.C.A.’s holdings in Take-Two Interactive Software were worth $2,682,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software in the third quarter valued at $27,000. Assetmark Inc. lifted its stake in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after buying an additional 106 shares in the last quarter. Versant Capital Management Inc lifted 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 in the last quarter. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software in the third quarter valued at $31,000. Finally, Friedenthal Financial bought a new position in shares of Take-Two Interactive Software in the fourth quarter valued at $50,000. 95.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of recent analyst reports. Ascendiant Capital Markets raised their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. DA Davidson initiated coverage on shares of Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price target on the stock. The Goldman Sachs Group raised their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price target for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Moffett Nathanson raised their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Price Performance

TTWO opened at $204.33 on Monday. The company has a market capitalization of $36.06 billion, a price-to-earnings ratio of -9.58, a PEG ratio of 6.83 and a beta of 0.82. 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 50-day moving average price of $195.58 and a 200-day moving average price of $177.68. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75.

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.