Quantessence Capital LLC Invests $885,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Quantessence Capital LLC bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,810 shares of the company's stock, valued at approximately $885,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC grew its position in shares of Take-Two Interactive Software by 1.8% in the third quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company's stock valued at $691,000 after purchasing an additional 79 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Take-Two Interactive Software in the 3rd quarter worth about $725,000. Tidal Investments LLC grew its holdings in Take-Two Interactive Software by 88.5% in the 3rd 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 acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at about $4,301,000. Finally, Retirement Systems of Alabama lifted its holdings 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 period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Up 1.2 %

NASDAQ:TTWO traded up $2.69 on Friday, reaching $225.38. The stock had a trading volume of 1,533,726 shares, compared to its average volume of 1,645,521. The company has a 50-day moving average of $209.30 and a 200 day moving average of $191.32. 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 stock has a market cap of $39.78 billion, a P/E ratio of -10.57, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $225.49.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TTWO shares. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their price target for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Oppenheimer boosted their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. Raymond James reaffirmed an "outperform" rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. StockNews.com downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Finally, Wedbush restated an "outperform" rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software 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.