Maryland State Retirement & Pension System Sells 734 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Maryland State Retirement & Pension System cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,206 shares of the company’s stock after selling 734 shares during the period. Maryland State Retirement & Pension System’s holdings in Take-Two Interactive Software were worth $1,695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealthfront Advisers LLC boosted its holdings in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. State Street Corp boosted its holdings in Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after purchasing an additional 648,982 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Take-Two Interactive Software during the fourth quarter worth about $115,133,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Take-Two Interactive Software by 10.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after purchasing an additional 417,325 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $213.47 on Friday. The firm’s 50 day simple moving average is $199.99 and its 200 day simple moving average is $180.63. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $37.68 billion, a PE ratio of -10.01, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $218.75.

Analysts Set New Price Targets

A number of research analysts have weighed in on TTWO shares. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Citigroup boosted their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Moffett Nathanson boosted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. 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 research note on Wednesday, December 18th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. 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 given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.