Pictet Asset Management Holding SA Acquires 17,226 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Pictet Asset Management Holding SA lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 20.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 102,601 shares of the company’s stock after buying an additional 17,226 shares during the quarter. Pictet Asset Management Holding SA owned approximately 0.06% of Take-Two Interactive Software worth $18,887,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TTWO. Nomura Asset Management Co. Ltd. grew its holdings in Take-Two Interactive Software by 1.9% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 57,385 shares of the company’s stock valued at $10,563,000 after buying an additional 1,079 shares in the last quarter. Norges Bank purchased a new position in shares of Take-Two Interactive Software in the fourth quarter valued at $495,086,000. NEOS Investment Management LLC grew its holdings in shares of Take-Two Interactive Software by 19.9% in the fourth quarter. NEOS Investment Management LLC now owns 17,081 shares of the company’s stock valued at $3,144,000 after purchasing an additional 2,832 shares in the last quarter. UniSuper Management Pty Ltd raised its stake in Take-Two Interactive Software by 1.9% during the fourth quarter. UniSuper Management Pty Ltd now owns 98,569 shares of the company’s stock valued at $18,145,000 after purchasing an additional 1,815 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co lifted its position in Take-Two Interactive Software by 12.4% during the fourth quarter. Elo Mutual Pension Insurance Co now owns 16,602 shares of the company’s stock valued at $3,056,000 after purchasing an additional 1,835 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Oppenheimer upped their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Ascendiant Capital Markets lifted their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. StockNews.com downgraded Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Finally, Wedbush reaffirmed an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Price Performance

NASDAQ TTWO opened at $210.13 on Wednesday. The company has a market cap of $37.09 billion, a PE ratio of -9.85, a P/E/G ratio of 6.83 and a beta of 0.82. The firm’s 50 day moving average price is $204.15 and its 200-day moving average price is $183.83. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93.

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.