Boston Partners Reduces Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Boston Partners lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 63.5% during the 4th quarter, HoldingsChannel reports. The fund owned 616,885 shares of the company’s stock after selling 1,075,006 shares during the period. Boston Partners’ holdings in Take-Two Interactive Software were worth $113,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Generali Asset Management SPA SGR bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth $119,000. Primecap Management Co. CA bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth $3,247,000. Axxcess Wealth Management LLC bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth $306,000. Signaturefd LLC increased its holdings in shares of Take-Two Interactive Software by 23.9% in the fourth quarter. Signaturefd LLC now owns 3,013 shares of the company’s stock worth $555,000 after purchasing an additional 581 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of Take-Two Interactive Software by 3.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,493 shares of the company’s stock worth $2,668,000 after purchasing an additional 442 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $204.32 on Wednesday. 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 50-day moving average of $198.27 and a 200-day moving average of $179.86. The firm has a market cap of $36.06 billion, a P/E ratio of -9.58, a P/E/G ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $218.75.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Roth Mkm upped their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. The Goldman Sachs Group upped their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 7th. StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Moffett Nathanson increased their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Finally, Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $213.38.

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.