Wellington Management Group LLP Has $69.11 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wellington Management Group LLP trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 10.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 375,429 shares of the company's stock after selling 45,536 shares during the period. Wellington Management Group LLP owned 0.21% of Take-Two Interactive Software worth $69,109,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Park Square Financial Group LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $28,000. Assetmark Inc. boosted its stake in Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after buying an additional 106 shares in the last quarter. Itau Unibanco Holding S.A. boosted its position in Take-Two Interactive Software by 41.4% in the fourth quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after buying an additional 72 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after purchasing an additional 54 shares in the last quarter. Finally, Mizuho Bank Ltd. acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth approximately $53,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on TTWO shares. Raymond James reaffirmed an "outperform" rating and set a $250.00 price objective (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Benchmark upped their price target on Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a research note on Friday, May 16th. DA Davidson upped their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, May 16th. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, Moffett Nathanson upped their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. One 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 given a strong buy rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and a consensus price target of $228.10.

Take-Two Interactive Software Stock Up 0.2%

Shares of NASDAQ:TTWO traded up $0.34 during midday trading on Friday, reaching $225.73. 3,647,815 shares of the company were exchanged, compared to its average volume of 1,748,083. The stock has a fifty day simple moving average of $218.75 and a two-hundred day simple moving average of $202.37. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $240.78. The firm has a market cap of $40.05 billion, a PE ratio of -10.58, a P/E/G ratio of 6.83 and a beta of 1.08. 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 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.