Universal Beteiligungs und Servicegesellschaft mbH Purchases New Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 128,701 shares of the company's stock, valued at approximately $23,691,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Take-Two Interactive Software as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of TTWO. Assetmark Inc. increased its holdings in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after purchasing an additional 106 shares during the period. Itau Unibanco Holding S.A. boosted its stake in shares of 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 worth $45,000 after buying an additional 72 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in shares of 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 buying an additional 54 shares during the last quarter. Mizuho Bank Ltd. purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter worth about $53,000. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter worth about $61,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an "overweight" rating in a research note on Friday, May 16th. UBS Group upped their target price on Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Wedbush restated 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, May 16th. Ascendiant Capital Markets upped their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Finally, Wall Street Zen downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $228.10.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock traded up $1.32 during mid-day trading on Monday, reaching $227.60. 2,472,551 shares of the stock traded hands, compared to its average volume of 1,748,919. The business has a 50-day moving average of $218.99 and a 200 day moving average of $203.01. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $240.78. The stock has a market capitalization of $40.38 billion, a PE ratio of -10.67, a PEG 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 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.