Aristotle Atlantic Partners LLC Trims Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Aristotle Atlantic Partners LLC cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 9.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,283 shares of the company's stock after selling 1,817 shares during the quarter. Aristotle Atlantic Partners LLC's holdings in Take-Two Interactive Software were worth $3,366,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Wealthfront Advisers LLC increased its stake in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after acquiring an additional 142,450,266 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock worth $3,563,690,000 after purchasing an additional 99,909 shares during the last quarter. Capital International Investors raised its holdings in Take-Two Interactive Software by 9.5% in the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after buying an additional 424,893 shares during the period. Geode Capital Management LLC raised its holdings in Take-Two Interactive Software by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company's stock valued at $754,671,000 after buying an additional 99,279 shares during the period. Finally, Norges Bank acquired a new position in Take-Two Interactive Software in the fourth quarter valued at about $495,086,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Down 0.0 %

Shares of NASDAQ:TTWO traded down $0.08 on Thursday, hitting $226.26. 823,791 shares of the company's stock were exchanged, compared to its average volume of 1,700,798. The firm's 50-day moving average is $212.03 and its 200 day moving average is $195.13. The company has a market capitalization of $39.93 billion, a PE ratio of -10.61, a P/E/G ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $238.00. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Morgan Stanley lowered their price objective on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $236.00 price objective (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday. Raymond James reiterated an "outperform" rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Stifel Nicolaus lifted their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. Finally, The Goldman Sachs Group boosted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating 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 given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average target price of $213.67.

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.