Mitsubishi UFJ Asset Management Co. Ltd. Raises Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 14.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 175,048 shares of the company's stock after acquiring an additional 21,880 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.10% of Take-Two Interactive Software worth $27,728,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TTWO. Cary Street Partners Investment Advisory LLC increased its holdings in Take-Two Interactive Software by 110.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company's stock worth $25,000 after buying an additional 93 shares during the period. CVA Family Office LLC purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth about $25,000. MCF Advisors LLC boosted its holdings in shares of Take-Two Interactive Software by 1,677.8% during the 4th quarter. MCF Advisors LLC now owns 160 shares of the company's stock worth $26,000 after purchasing an additional 151 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in Take-Two Interactive Software in the 4th quarter valued at $26,000. Finally, NBC Securities Inc. acquired a new stake in Take-Two Interactive Software during the third quarter worth about $27,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded down $2.00 during trading hours on Thursday, reaching $146.08. 3,561,259 shares of the stock traded hands, compared to its average volume of 1,625,734. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $24.92 billion, a price-to-earnings ratio of -17.13, a price-to-earnings-growth ratio of 1.26 and a beta of 0.75. The stock has a 50 day simple moving average of $146.40 and a two-hundred day simple moving average of $152.62. Take-Two Interactive Software, Inc. has a 1 year low of $121.72 and a 1 year high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) EPS for the quarter, missing the consensus estimate of $0.07 by ($17.09). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The business had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.31 billion. During the same period last year, the business earned $0.47 earnings per share. The company's quarterly revenue was down 3.2% on a year-over-year basis. On average, analysts predict that Take-Two Interactive Software, Inc. will post 0.64 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TTWO shares. Benchmark reissued a "buy" rating and set a $200.00 target price on shares of Take-Two Interactive Software in a research note on Friday, April 19th. Stifel Nicolaus restated a "buy" rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a research note on Monday, April 1st. Wells Fargo & Company increased their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an "overweight" rating in a report on Thursday, February 1st. Jefferies Financial Group initiated coverage on shares of Take-Two Interactive Software in a research note on Monday, April 1st. They issued a "buy" rating and a $195.00 price objective on the stock. Finally, JPMorgan Chase & Co. cut their price target on Take-Two Interactive Software from $188.00 to $180.00 and set an "overweight" rating for the company in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have assigned a buy rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus price target of $177.61.

Insider Transactions at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the firm's stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares of the company's stock, valued at approximately $12,965,462.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.37% of the company's stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.