First Trust Advisors LP Has $22.54 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

First Trust Advisors LP decreased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 26.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 122,423 shares of the company's stock after selling 45,095 shares during the quarter. First Trust Advisors LP owned 0.07% of Take-Two Interactive Software worth $22,536,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Take-Two Interactive Software in the third quarter worth $725,000. Tidal Investments LLC grew its position in Take-Two Interactive Software by 88.5% during the third quarter. Tidal Investments LLC now owns 18,504 shares of the company's stock valued at $2,844,000 after buying an additional 8,687 shares during the period. Oddo BHF Asset Management Sas purchased a new stake in Take-Two Interactive Software during the third quarter valued at approximately $4,301,000. Retirement Systems of Alabama boosted its stake in shares of Take-Two Interactive Software by 1.9% during the 3rd quarter. Retirement Systems of Alabama now owns 35,707 shares of the company's stock worth $5,489,000 after acquiring an additional 679 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company's stock valued at $29,127,000 after acquiring an additional 10,491 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO traded up $1.17 during midday trading on Thursday, hitting $234.49. 778,144 shares of the stock traded hands, compared to its average volume of 1,644,942. The business's 50 day moving average price is $210.25 and its two-hundred day moving average price is $192.63. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $237.52. The firm has a market capitalization of $41.39 billion, a PE ratio of -11.02, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Wall Street Analyst Weigh In

TTWO has been the topic of several recent analyst reports. Ascendiant Capital Markets raised their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Benchmark reaffirmed a "buy" rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Wedbush reissued an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Moffett Nathanson boosted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Finally, The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a report on Friday, February 7th. One investment 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 an average rating of "Moderate Buy" and an average price target of $213.86.

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.