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

Siemens Fonds Invest GmbH raised its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 92.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,348 shares of the company's stock after buying an additional 1,608 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Take-Two Interactive Software were worth $616,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TTWO. Janney Montgomery Scott LLC grew its holdings in Take-Two Interactive Software by 7.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,379 shares of the company's stock valued at $2,095,000 after buying an additional 811 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $371,000. KBC Group NV boosted its holdings in shares of Take-Two Interactive Software by 4.4% during the fourth quarter. KBC Group NV now owns 26,109 shares of the company's stock worth $4,806,000 after purchasing an additional 1,102 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Take-Two Interactive Software by 8.0% during the fourth quarter. Pacer Advisors Inc. now owns 22,148 shares of the company's stock worth $4,077,000 after purchasing an additional 1,643 shares during the last quarter. Finally, Mayflower Financial Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $216,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Down 0.2%

NASDAQ:TTWO traded down $0.36 during mid-day trading on Tuesday, hitting $227.24. The company had a trading volume of 441,349 shares, compared to its average volume of 1,743,885. The business has a fifty day simple moving average of $218.99 and a 200-day simple moving average of $203.01. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $240.78. The firm has a market capitalization of $40.32 billion, a price-to-earnings ratio of -10.65, a PEG ratio of 6.83 and a beta of 1.08.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TTWO. Wedbush restated an "outperform" rating and set a $269.00 price objective (up previously from $253.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Moffett Nathanson raised their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Benchmark raised their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Friday, May 16th. JPMorgan Chase & Co. raised their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Finally, Morgan Stanley lifted their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $228.10.

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.