USS Investment Management Ltd Trims Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

USS Investment Management Ltd cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 14.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,808 shares of the company's stock after selling 4,989 shares during the quarter. USS Investment Management Ltd's holdings in Take-Two Interactive Software were worth $5,304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of TTWO. Woodline Partners LP raised its position in shares of Take-Two Interactive Software by 1.3% during the 4th quarter. Woodline Partners LP now owns 488,927 shares of the company's stock valued at $90,002,000 after buying an additional 6,082 shares in the last quarter. Vident Advisory LLC raised its position in Take-Two Interactive Software by 6.1% during the fourth quarter. Vident Advisory LLC now owns 9,221 shares of the company's stock valued at $1,697,000 after purchasing an additional 529 shares in the last quarter. Tabor Asset Management LP bought a new stake in Take-Two Interactive Software during the fourth quarter worth about $2,627,000. Tidal Investments LLC boosted its holdings in shares of Take-Two Interactive Software by 86.5% in the 4th quarter. Tidal Investments LLC now owns 34,511 shares of the company's stock worth $6,353,000 after purchasing an additional 16,007 shares in the last quarter. Finally, State of Wyoming increased its position in shares of Take-Two Interactive Software by 13.0% during the 4th quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after purchasing an additional 60 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Trading Down 0.5%

Shares of Take-Two Interactive Software stock traded down $1.02 during midday trading on Monday, reaching $224.99. 1,862,753 shares of the company's stock traded hands, compared to its average volume of 1,736,014. The stock has a 50 day moving average of $217.41 and a 200-day moving average of $201.06. 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 market cap of $39.92 billion, a PE ratio of -10.55, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Analysts Set New Price Targets

A number of research firms recently weighed in on TTWO. Ascendiant Capital Markets boosted their target price on 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. Wall Street Zen cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Raymond James reiterated an "outperform" rating and issued a $250.00 target price (up previously from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. The Goldman Sachs Group boosted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Moffett Nathanson raised their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $228.10.

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.