GF Fund Management CO. LTD. Acquires New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

GF Fund Management CO. LTD. purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 33,285 shares of the company's stock, valued at approximately $6,127,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TTWO. Wealthfront Advisers LLC increased its holdings in shares of 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 valued at $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. Norges Bank purchased a new stake in Take-Two Interactive Software during the fourth quarter worth approximately $495,086,000. Raymond James Financial Inc. purchased a new stake in Take-Two Interactive Software during the fourth quarter worth approximately $115,133,000. Alyeska Investment Group L.P. grew its stake in Take-Two Interactive Software by 74.3% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock worth $247,983,000 after buying an additional 574,326 shares during the period. Finally, Capital International Investors grew its stake 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 worth $899,036,000 after buying an additional 424,893 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on TTWO. 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 report on Friday, February 7th. Robert W. Baird boosted their target price on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Wedbush reissued an "outperform" rating and set a $269.00 target price (up from $253.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. Finally, Morgan Stanley boosted their target price on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $228.10.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock traded down $2.94 during trading on Thursday, hitting $225.39. 2,129,475 shares of the stock were exchanged, compared to its average volume of 1,739,565. The stock's fifty day moving average is $218.36 and its 200 day moving average is $201.74. The stock has a market cap of $39.99 billion, a PE ratio of -10.57, a P/E/G ratio of 6.83 and a beta of 1.08. 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 12 month low of $135.24 and a 12 month high of $240.78.

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.