Intrust Bank NA Increases Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Intrust Bank NA increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 13.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,656 shares of the company’s stock after purchasing an additional 306 shares during the quarter. Intrust Bank NA’s holdings in Take-Two Interactive Software were worth $489,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Allstate Corp acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at about $972,000. Brown Brothers Harriman & Co. lifted its stake in Take-Two Interactive Software by 15.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 251,194 shares of the company’s stock valued at $46,240,000 after buying an additional 32,875 shares in the last quarter. DnB Asset Management AS boosted its holdings in Take-Two Interactive Software by 7.5% in the 4th quarter. DnB Asset Management AS now owns 1,504,918 shares of the company’s stock worth $277,025,000 after buying an additional 104,566 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in Take-Two Interactive Software by 26.8% during the 4th quarter. Orion Portfolio Solutions LLC now owns 5,117 shares of the company’s stock worth $942,000 after buying an additional 1,081 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in shares of Take-Two Interactive Software by 20.2% during the fourth quarter. Pictet Asset Management Holding SA now owns 102,601 shares of the company’s stock valued at $18,887,000 after acquiring an additional 17,226 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the topic of a number of research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Moffett Nathanson increased 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 report on Friday, February 7th. Wedbush restated an “outperform” rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $210.47 on Monday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $220.93. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The firm’s 50 day moving average price is $203.24 and its 200-day moving average price is $183.04. The firm has a market cap of $37.15 billion, a P/E ratio of -9.87, a P/E/G ratio of 6.83 and a beta of 0.82.

Take-Two Interactive Software Company 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.