UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 287,194 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,527,759 shares of the company's stock after acquiring an additional 287,194 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 2.58% of Take-Two Interactive Software worth $833,470,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Wealthfront Advisers LLC increased its stake 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 acquiring an additional 142,450,266 shares during the last quarter. Norges Bank bought a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $495,086,000. Raymond James Financial Inc. acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at about $115,133,000. Alyeska Investment Group L.P. raised its position in Take-Two Interactive Software by 74.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock valued at $247,983,000 after buying an additional 574,326 shares during the last quarter. Finally, Capital International Investors lifted its position in shares of Take-Two Interactive Software by 9.5% in the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after purchasing an additional 424,893 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TTWO shares. Benchmark lifted their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday. Oppenheimer increased their target price on shares of 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. Robert W. Baird increased their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday. Ascendiant Capital Markets increased their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Finally, DA Davidson lifted their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Friday. Two research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and a consensus price target of $228.10.

Take-Two Interactive Software Price Performance

TTWO opened at $234.66 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $240.78. The stock's 50 day simple moving average is $215.48 and its 200 day simple moving average is $199.36. The firm has a market cap of $41.42 billion, a price-to-earnings ratio of -11.00, a PEG ratio of 6.83 and a beta of 1.08.

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.

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