Aristotle Atlantic Partners LLC Trims Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Aristotle Atlantic Partners LLC reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,283 shares of the company’s stock after selling 1,817 shares during the quarter. Aristotle Atlantic Partners LLC’s holdings in Take-Two Interactive Software were worth $3,366,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TTWO. First Horizon Advisors Inc. raised its stake in Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after purchasing an additional 54 shares during the period. Fifth Third Bancorp raised its position in shares of Take-Two Interactive Software by 0.3% during the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after buying an additional 57 shares during the period. Principal Securities Inc. grew its position in Take-Two Interactive Software by 6.0% in 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 during the period. Y.D. More Investments Ltd lifted its stake in shares of Take-Two Interactive Software by 2.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after purchasing an additional 61 shares during the last quarter. Finally, Itau Unibanco Holding S.A. grew its holdings in shares of Take-Two Interactive Software by 41.4% during the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock worth $45,000 after purchasing an additional 72 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Down 6.7 %

NASDAQ TTWO opened at $219.50 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $238.00. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a 50-day moving average of $210.94 and a 200-day moving average of $193.62. The company has a market cap of $38.74 billion, a P/E ratio of -10.29, a P/E/G ratio of 6.83 and a beta of 1.01.

Wall Street Analyst Weigh In

A number of research firms have commented on TTWO. Wedbush reaffirmed an “outperform” rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a research report on Friday, February 7th. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $175.00 to $230.00 in a report on Monday, January 27th. Moffett Nathanson boosted their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Ascendiant Capital Markets raised their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Finally, Raymond James reiterated an “outperform” rating and set a $220.00 target price (up from $190.00) 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 given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $213.86.

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.