Korea Investment CORP Raises Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Korea Investment CORP increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 229.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 79,493 shares of the company’s stock after acquiring an additional 55,367 shares during the period. Korea Investment CORP’s holdings in Take-Two Interactive Software were worth $14,633,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC increased its holdings in shares of Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares during the period. State Street Corp increased its stake in Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at about $115,133,000. Amundi boosted its position in shares of Take-Two Interactive Software by 74.8% during the 4th quarter. Amundi now owns 741,045 shares of the company’s stock valued at $136,160,000 after acquiring an additional 317,048 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Take-Two Interactive Software by 3.5% during the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after purchasing an additional 134,767 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Down 1.8 %

NASDAQ TTWO opened at $210.47 on Monday. The business’s 50-day moving average is $203.24 and its 200 day moving average is $183.04. The stock has a market capitalization of $37.15 billion, a PE ratio of -9.87, a PEG ratio of 6.83 and a beta of 0.82. 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, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TTWO. JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Citigroup lifted their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. BMO Capital Markets reissued an “outperform” rating and issued a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. DA Davidson assumed coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a “buy” rating and a $250.00 price target for the company. Finally, UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $213.38.

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.