DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Raises Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 19,364.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,039 shares of the company's stock after buying an additional 92,561 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 0.05% of Take-Two Interactive Software worth $17,127,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC grew its stake in shares of 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 valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the period. Norges Bank purchased a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $495,086,000. Raymond James Financial Inc. purchased a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $115,133,000. Alyeska Investment Group L.P. raised its stake in Take-Two Interactive Software by 74.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock worth $247,983,000 after acquiring an additional 574,326 shares during the period. Finally, Capital International Investors lifted its holdings in Take-Two Interactive Software by 9.5% during the fourth 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 in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock traded down $0.30 during midday trading on Monday, reaching $226.25. 2,080,091 shares of the company were exchanged, compared to its average volume of 1,710,826. The company has a market capitalization of $39.93 billion, a price-to-earnings ratio of -10.61, a P/E/G ratio of 6.83 and a beta of 1.08. The firm's 50-day simple moving average is $212.73 and its 200-day simple moving average is $196.55. 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

TTWO has been the subject of several recent analyst reports. Raymond James reaffirmed 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. DA Davidson assumed coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a "buy" rating and a $250.00 price target for the company. Oppenheimer upped their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 21st. Wedbush restated an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Ascendiant Capital Markets upped their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $213.67.

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.