Kovitz Investment Group Partners LLC Makes New $463,000 Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Kovitz Investment Group Partners LLC acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,513 shares of the company's stock, valued at approximately $463,000.

A number of other hedge funds have also made changes to their positions in TTWO. Wealthfront Advisers LLC increased its position in shares of Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. Vanguard Group Inc. grew its stake in Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock worth $3,563,690,000 after buying an additional 99,909 shares during the last quarter. Capital International Investors increased its position in Take-Two Interactive Software by 9.5% during the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after buying an additional 424,893 shares during the period. Geode Capital Management LLC lifted its stake in Take-Two Interactive Software by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company's stock valued at $754,671,000 after buying an additional 99,279 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at approximately $495,086,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO traded down $15.67 during trading on Friday, hitting $219.50. 8,966,760 shares of the stock were exchanged, compared to its average volume of 1,685,542. The company has a market cap of $38.74 billion, a PE ratio of -10.29, a P/E/G ratio of 6.83 and a beta of 1.01. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average price of $210.94 and a two-hundred day moving average price of $194.16. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $238.00.

Analyst Ratings Changes

Several analysts recently commented on the stock. Morgan Stanley reduced their price target on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. DA Davidson began coverage on shares of Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a "buy" rating and a $250.00 target price for the company. UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their price target for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Raymond James reaffirmed an "outperform" rating and set a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Wedbush reiterated an "outperform" rating and issued a $215.00 target price on shares of Take-Two Interactive Software 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 given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $213.86.

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.