The Manufacturers Life Insurance Company Purchases 1,277 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

The Manufacturers Life Insurance Company lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 1.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,411 shares of the company's stock after acquiring an additional 1,277 shares during the period. The Manufacturers Life Insurance Company owned 0.06% of Take-Two Interactive Software worth $18,300,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC lifted 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 buying an additional 142,450,266 shares during the period. Norges Bank purchased a new position in Take-Two Interactive Software during the 4th quarter valued at about $495,086,000. Raymond James Financial Inc. bought a new stake in Take-Two Interactive Software during the fourth quarter worth about $115,133,000. Capital International Investors grew its holdings in Take-Two Interactive Software by 9.5% in 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. Finally, FMR LLC increased its stake in shares of Take-Two Interactive Software by 67.7% during the fourth quarter. FMR LLC now owns 960,654 shares of the company's stock valued at $176,837,000 after purchasing an additional 387,923 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Trading Down 6.7 %

Take-Two Interactive Software stock opened at $219.50 on Friday. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $238.00. The company has a market cap of $38.74 billion, a P/E ratio of -10.29, a P/E/G ratio of 6.83 and a beta of 1.01. 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 business has a 50-day simple moving average of $210.94 and a two-hundred day simple moving average of $193.62.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several recent research reports. Wedbush restated an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 7th. UBS Group upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their price target for the company from $175.00 to $230.00 in a report on Monday, January 27th. Benchmark reiterated a "buy" rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. StockNews.com lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Finally, Ascendiant Capital Markets upped their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. 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 assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $213.86.

About Take-Two Interactive Software

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.

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