Capital International Inc. CA Sells 48,439 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Capital International Inc. CA trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 45.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 58,615 shares of the company’s stock after selling 48,439 shares during the quarter. Capital International Inc. CA’s holdings in Take-Two Interactive Software were worth $10,790,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Davis R M Inc. increased its stake in shares of Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock worth $42,233,000 after buying an additional 10,701 shares during the period. Landscape Capital Management L.L.C. bought a new position in shares of Take-Two Interactive Software during the fourth quarter valued at about $1,442,000. Fiduciary Alliance LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $734,000. Legacy Trust grew its stake in shares of Take-Two Interactive Software by 8.9% in the fourth quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after purchasing an additional 2,115 shares during the last quarter. Finally, Summit Place Financial Advisors LLC purchased a new position in Take-Two Interactive Software during the 4th quarter valued at about $748,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TTWO. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Ascendiant Capital Markets lifted their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. StockNews.com lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. Raymond James reaffirmed an “outperform” rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Morgan Stanley lowered their price objective on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $213.86.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $212.77 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93. The firm’s 50-day moving average is $208.83 and its 200 day moving average is $189.11. The stock has a market cap of $37.55 billion, a price-to-earnings ratio of -9.98, a PEG ratio of 6.83 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

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.