OMERS ADMINISTRATION Corp Sells 10,518 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

OMERS ADMINISTRATION Corp lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 11.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,105 shares of the company's stock after selling 10,518 shares during the period. OMERS ADMINISTRATION Corp's holdings in Take-Two Interactive Software were worth $15,482,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC boosted its stake in shares of Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after buying an additional 142,450,266 shares during the period. Vanguard Group Inc. boosted its position in shares of 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 valued at $3,563,690,000 after purchasing an additional 99,909 shares in the last quarter. Capital International Investors grew its stake 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 purchasing an additional 424,893 shares during the period. Ameriprise Financial Inc. increased its holdings in Take-Two Interactive Software by 0.3% in the fourth quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company's stock worth $878,567,000 after purchasing an additional 13,555 shares in the last quarter. Finally, 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 period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO traded down $5.60 during trading hours on Friday, reaching $226.74. The company's stock had a trading volume of 4,376,875 shares, compared to its average volume of 1,722,876. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $239.80. The business has a 50-day simple moving average of $214.44 and a 200 day simple moving average of $197.92. The stock has a market cap of $40.02 billion, a PE ratio of -10.63, a PEG ratio of 6.83 and a beta of 1.08.

Wall Street Analyst Weigh In

A number of analysts recently commented on TTWO shares. Moffett Nathanson increased their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Oppenheimer increased their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. UBS Group upped their price target on Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a research report on Friday. Finally, Benchmark raised their price objective on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a research report on Friday. Two analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $225.48.

Take-Two Interactive Software 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.