Troy Asset Management Ltd Sells 917 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Troy Asset Management Ltd trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,455 shares of the company’s stock after selling 917 shares during the quarter. Take-Two Interactive Software comprises approximately 0.6% of Troy Asset Management Ltd’s investment portfolio, making the stock its 29th biggest position. Troy Asset Management Ltd owned about 0.06% of Take-Two Interactive Software worth $18,676,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TTWO. Davis R M Inc. grew its stake in Take-Two Interactive Software by 4.9% in the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock valued at $42,233,000 after buying an additional 10,701 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at approximately $734,000. Paloma Partners Management Co bought a new position in shares of Take-Two Interactive Software during the third quarter worth approximately $20,290,000. Legacy Trust lifted its holdings in Take-Two Interactive Software by 8.9% during the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after purchasing an additional 2,115 shares during the last quarter. Finally, Summit Place Financial Advisors LLC bought a new stake in Take-Two Interactive Software in the 4th quarter valued at $748,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TTWO. Moffett Nathanson lifted 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. Benchmark reissued a “buy” rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. DA Davidson assumed coverage on shares of Take-Two Interactive Software in a report on Tuesday, February 18th. They set a “buy” rating and a $250.00 target price on the stock. Citigroup boosted their price target on 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. Finally, Stifel Nicolaus raised their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Trading Down 1.8 %

Shares of TTWO stock opened at $210.47 on Friday. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93. 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 stock has a market cap of $37.15 billion, a price-to-earnings ratio of -9.87, a PEG ratio of 6.83 and a beta of 0.82. The stock has a 50-day moving average of $203.24 and a 200-day moving average of $182.63.

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.