Siemens Fonds Invest GmbH Grows Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Siemens Fonds Invest GmbH raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 92.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,348 shares of the company's stock after buying an additional 1,608 shares during the period. Siemens Fonds Invest GmbH's holdings in Take-Two Interactive Software were worth $616,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wealthfront Advisers LLC increased its position 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 last quarter. Norges Bank purchased a new stake in Take-Two Interactive Software in the fourth quarter worth approximately $495,086,000. Raymond James Financial Inc. bought a new position in Take-Two Interactive Software during the fourth quarter valued at approximately $115,133,000. Alyeska Investment Group L.P. grew its position 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 valued at $247,983,000 after acquiring an additional 574,326 shares during the last quarter. Finally, Capital International Investors raised its stake in shares of 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 acquiring an additional 424,893 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on TTWO. UBS Group increased their target price on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a report on Friday. DA Davidson raised their price objective on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research note on Friday. Wedbush reissued an "outperform" rating and issued a $269.00 target price (up previously from $253.00) on shares of Take-Two Interactive Software in a research note on Friday. Oppenheimer raised their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. Finally, Moffett Nathanson lifted their price target on 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. Two investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $225.48.

Take-Two Interactive Software Stock Down 2.4%

Shares of NASDAQ TTWO opened at $226.74 on Friday. The firm has a fifty day simple moving average of $214.89 and a two-hundred day simple moving average of $198.61. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $240.78. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $40.02 billion, a PE ratio of -10.63, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08.

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.

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