Zacks Investment Management Purchases 399 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Zacks Investment Management increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.4% during the fourth quarter, HoldingsChannel reports. The fund owned 28,330 shares of the company’s stock after buying an additional 399 shares during the quarter. Zacks Investment Management’s holdings in Take-Two Interactive Software were worth $5,215,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. boosted its stake in shares of Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc raised its holdings in Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after buying an additional 87 shares during the last quarter. Friedenthal Financial acquired a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $50,000. First Horizon Advisors Inc. grew its holdings in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after acquiring an additional 54 shares during the last quarter. Finally, Mizuho Bank Ltd. acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $53,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

TTWO opened at $211.40 on Thursday. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93. The company has a market cap of $37.31 billion, a price-to-earnings ratio of -9.91, a PEG ratio of 6.83 and a beta of 1.01. The company’s fifty day moving average price is $208.77 and its two-hundred day moving average price is $188.02. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.

Analyst Ratings Changes

TTWO has been the topic of several analyst reports. Wedbush reissued an “outperform” rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. JPMorgan Chase & Co. increased their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Moffett Nathanson raised their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their target price for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Benchmark restated 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. 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 given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.