Nuveen Asset Management LLC Sells 48,594 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Nuveen Asset Management LLC cut its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,388,361 shares of the company's stock after selling 48,594 shares during the quarter. Nuveen Asset Management LLC owned 0.79% of Take-Two Interactive Software worth $255,569,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its holdings in shares of Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp raised its position in Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock worth $3,157,000 after buying an additional 57 shares during the last quarter. Principal Securities Inc. lifted its stake in Take-Two Interactive Software by 6.0% during the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock valued at $189,000 after acquiring an additional 58 shares during the period. Y.D. More Investments Ltd boosted its holdings in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after acquiring an additional 61 shares during the last quarter. Finally, Itau Unibanco Holding S.A. grew 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 acquiring an additional 72 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $7.92 during trading hours on Monday, reaching $234.66. The company's stock had a trading volume of 2,189,417 shares, compared to its average volume of 1,709,185. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $240.78. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $41.42 billion, a price-to-earnings ratio of -11.00, a PEG ratio of 6.83 and a beta of 1.08. The firm's 50-day moving average price is $214.89 and its 200-day moving average price is $198.86.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. BMO Capital Markets restated an "outperform" rating and issued a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Stifel Nicolaus lifted their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Benchmark upped their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a research report on Friday. Morgan Stanley raised their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday. Finally, Oppenheimer upped their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average 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.