Brown Advisory Inc. Sells 29,023 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Brown Advisory Inc. lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 529,602 shares of the company's stock after selling 29,023 shares during the quarter. Brown Advisory Inc. owned about 0.30% of Take-Two Interactive Software worth $97,489,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC increased its stake in Take-Two Interactive Software by 1,630,798.7% in the 4th 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. Norges Bank purchased a new stake in Take-Two Interactive Software in the fourth quarter valued at approximately $495,086,000. Raymond James Financial Inc. bought a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $115,133,000. Alyeska Investment Group L.P. boosted its holdings in shares of Take-Two Interactive Software by 74.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock worth $247,983,000 after purchasing an additional 574,326 shares in the last quarter. Finally, Capital International Investors increased its position in shares of Take-Two Interactive Software by 9.5% during the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after purchasing an additional 424,893 shares during the last quarter. Institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Morgan Stanley cut their target price on Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and increased their target price for the company from $175.00 to $230.00 in a report on Monday, January 27th. Raymond James reissued an "outperform" rating and issued a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Oppenheimer raised their price objective on 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. Finally, Benchmark reissued a "buy" rating and issued a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target of $213.86.

Take-Two Interactive Software Trading Down 6.7 %

TTWO opened at $219.50 on Monday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $238.00. The stock has a market cap of $38.74 billion, a PE ratio of -10.29, a PEG ratio of 6.83 and a beta of 1.01. The business has a 50 day moving average of $210.94 and a 200-day moving average of $194.16.

Take-Two Interactive Software 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.

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