Stifel Financial Corp Increases Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Stifel Financial Corp raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 106,493 shares of the company's stock after acquiring an additional 4,457 shares during the period. Stifel Financial Corp owned approximately 0.06% of Take-Two Interactive Software worth $19,603,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealthfront Advisers LLC boosted its position in 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 valued at $26,223,853,000 after acquiring an additional 142,450,266 shares during the last quarter. Vanguard Group Inc. boosted its stake in Take-Two Interactive Software by 0.5% in the fourth 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 in the last quarter. Capital International Investors raised its position in Take-Two Interactive Software by 9.5% in the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after purchasing an additional 424,893 shares during the period. Geode Capital Management LLC grew its position in Take-Two Interactive Software by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company's stock worth $754,671,000 after acquiring an additional 99,279 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth $495,086,000. 95.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TTWO. Oppenheimer raised 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. Benchmark reaffirmed a "buy" rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. DA Davidson started coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a "buy" rating and a $250.00 price target for the company. Raymond James reissued 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, Ascendiant Capital Markets lifted their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus price target of $213.86.

Take-Two Interactive Software Price Performance

TTWO traded up $1.56 on Thursday, hitting $234.88. 881,265 shares of the company's stock traded hands, compared to its average volume of 1,824,526. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $238.00. The company's 50 day simple moving average is $210.25 and its 200-day simple moving average is $192.63. 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 firm has a market cap of $41.46 billion, a price-to-earnings ratio of -11.01, a P/E/G ratio of 6.83 and a beta of 1.01.

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.