Aviva PLC Lowers Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Aviva PLC cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 48.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,805 shares of the company’s stock after selling 132,306 shares during the period. Aviva PLC owned about 0.08% of Take-Two Interactive Software worth $25,551,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TTWO. Wealthfront Advisers LLC increased its stake in Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after buying an additional 142,450,266 shares during the period. Norges Bank acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $495,086,000. Raymond James Financial Inc. acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $115,133,000. Amundi boosted its holdings in Take-Two Interactive Software by 74.8% in the fourth quarter. Amundi now owns 741,045 shares of the company’s stock valued at $136,160,000 after purchasing an additional 317,048 shares during the period. Finally, Artisan Partners Limited Partnership grew its stake in Take-Two Interactive Software by 32.7% during the 4th quarter. Artisan Partners Limited Partnership now owns 580,816 shares of the company’s stock worth $106,917,000 after purchasing an additional 143,286 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 6.9 %

Shares of Take-Two Interactive Software stock opened at $194.58 on Monday. The company’s fifty day moving average is $205.30 and its two-hundred day moving average is $184.93. 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 debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $34.34 billion, a P/E ratio of -9.12, a PEG ratio of 6.83 and a beta of 1.01.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on TTWO shares. Ascendiant Capital Markets lifted their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Stifel Nicolaus boosted their price target 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. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Moffett Nathanson boosted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Finally, Raymond James reissued an “outperform” rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price 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.