TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO) Holdings Lifted by Cim Investment Mangement Inc.

Cim Investment Mangement Inc. grew its position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 51.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,057 shares of the company’s stock after purchasing an additional 2,055 shares during the quarter. Cim Investment Mangement Inc.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $624,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of TTWO. FMR LLC raised its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 35.1% in the third quarter. FMR LLC now owns 3,564,945 shares of the company’s stock worth $491,927,000 after buying an additional 926,316 shares during the last quarter. Congress Asset Management Co. MA purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the third quarter valued at approximately $91,225,000. Marshall Wace LLP raised its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 132.3% during the third quarter. Marshall Wace LLP now owns 899,888 shares of the company’s stock valued at $124,176,000 after purchasing an additional 512,445 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 26.7% during the third quarter. Allianz Asset Management GmbH now owns 2,318,865 shares of the company’s stock valued at $319,980,000 after purchasing an additional 489,197 shares during the last quarter. Finally, FIL Ltd raised its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 2,484.7% during the third quarter. FIL Ltd now owns 446,794 shares of the company’s stock valued at $61,653,000 after purchasing an additional 429,508 shares during the last quarter. 90.40% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a report on Thursday, January 10th. TheStreet raised shares of TAKE-TWO INTERACTIVE SOFTWARE from a “c+” rating to a “b+” rating in a report on Wednesday, February 6th. ValuEngine cut shares of TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a report on Thursday. MKM Partners reduced their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE to $115.00 and set a “buy” rating for the company in a report on Thursday. Finally, Wedbush reaffirmed an “outperform” rating and set a $119.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Thursday. Four investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $136.90.

Shares of TTWO opened at $97.14 on Monday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a twelve month low of $91.49 and a twelve month high of $139.91. The firm has a market capitalization of $10.99 billion, a PE ratio of 55.51, a PEG ratio of 1.65 and a beta of 1.07.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, February 6th. The company reported $3.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.02 by $1.17. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.50 billion. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 14.26% and a return on equity of 28.92%. The firm’s revenue was up 139.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.12 EPS. As a group, sell-side analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 EPS for the current year.

ILLEGAL ACTIVITY WARNING: “TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO) Holdings Lifted by Cim Investment Mangement Inc.” was first published by Stock Observer and is the sole property of of Stock Observer. If you are viewing this report on another site, it was stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this report can be viewed at https://www.thestockobserver.com/2019/02/11/take-two-interactive-software-inc-ttwo-holdings-lifted-by-cim-investment-mangement-inc.html.

TAKE-TWO INTERACTIVE SOFTWARE Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

See Also: Penny Stocks

Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO).

Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

Receive News & Ratings for TAKE-TWO INTERACTIVE SOFTWARE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAKE-TWO INTERACTIVE SOFTWARE and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply