Raymond James Financial Inc. Purchases New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Raymond James Financial Inc. purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 625,451 shares of the company’s stock, valued at approximately $115,133,000. Raymond James Financial Inc. owned approximately 0.36% of Take-Two Interactive Software at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in TTWO. State Street Corp raised its position in Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA raised its position in Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after acquiring an additional 648,982 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Take-Two Interactive Software by 10.9% in 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 acquiring an additional 417,325 shares during the period. Geode Capital Management LLC raised its position in Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after acquiring an additional 134,767 shares during the period. Finally, Ninety One UK Ltd raised its position in Take-Two Interactive Software by 1.4% in the fourth quarter. Ninety One UK Ltd now owns 1,522,111 shares of the company’s stock worth $280,190,000 after acquiring an additional 21,470 shares during the period. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on TTWO. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Raymond James reiterated an “outperform” rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Oppenheimer boosted their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price objective 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 reaffirmed an “outperform” rating and set a $240.00 price objective (up previously 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 issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Trading Down 1.7 %

Shares of TTWO opened at $204.33 on Friday. The firm has a market cap 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 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 fifty-two week low of $135.24 and a fifty-two week high of $218.75. The firm has a 50 day moving average price of $195.58 and a 200-day moving average price of $177.56.

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.