Fiduciary Trust Co Has $719,000 Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Fiduciary Trust Co raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,908 shares of the company’s stock after buying an additional 361 shares during the period. Fiduciary Trust Co’s holdings in Take-Two Interactive Software were worth $719,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in TTWO. Assetmark Inc. lifted its holdings 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 worth $32,000 after purchasing an additional 106 shares during the period. Itau Unibanco Holding S.A. lifted its holdings in shares of Take-Two Interactive Software by 41.4% during the fourth 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. Friedenthal Financial acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $50,000. First Horizon Advisors Inc. lifted its holdings in shares of 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. Finally, Mizuho Bank Ltd. acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $53,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.4%

TTWO opened at $226.25 on Monday. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $238.00. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a market cap of $39.93 billion, a P/E ratio of -10.61, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The company has a fifty day moving average price of $212.73 and a two-hundred day moving average price of $196.55.

Analysts Set New Price Targets

TTWO has been the topic of a number of recent research reports. Raymond James reiterated an “outperform” rating and set a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Morgan Stanley lowered their target price on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Benchmark reissued a “buy” rating and set a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Moffett Nathanson lifted their target price 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. Finally, Oppenheimer lifted their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $213.67.

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.