Allianz SE Buys Shares of 1,139 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Allianz SE purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 1,139 shares of the company’s stock, valued at approximately $210,000.

Several other institutional investors have also modified their holdings of the business. First Horizon Advisors Inc. increased its stake 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 purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after acquiring an additional 57 shares in the last quarter. Principal Securities Inc. increased its position in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock worth $189,000 after acquiring an additional 58 shares in the last quarter. Y.D. More Investments Ltd raised its holdings in shares of Take-Two Interactive Software by 2.0% during the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after acquiring an additional 61 shares during the period. Finally, Avantax Advisory Services Inc. lifted its position in Take-Two Interactive Software by 2.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock valued at $542,000 after acquiring an additional 73 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Stifel Nicolaus boosted their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Benchmark reaffirmed a “buy” rating and set a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Citigroup raised their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Trading Down 1.5 %

TTWO stock opened at $207.25 on Tuesday. The stock has a market cap of $36.58 billion, a price-to-earnings ratio of -9.72, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a fifty day moving average price of $203.65 and a two-hundred day moving average price of $183.42. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $220.93. 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 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.