Dimensional Fund Advisors LP boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 3.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 960,450 shares of the company’s stock after buying an additional 27,590 shares during the quarter. Dimensional Fund Advisors LP owned 0.57% of Take-Two Interactive Software worth $141,330,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Take-Two Interactive Software by 6.7% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,443 shares of the company’s stock worth $2,374,000 after purchasing an additional 971 shares during the period. Yousif Capital Management LLC grew its position in Take-Two Interactive Software by 1.8% in the 1st quarter. Yousif Capital Management LLC now owns 16,817 shares of the company’s stock valued at $2,585,000 after acquiring an additional 300 shares in the last quarter. Raymond James Trust N.A. acquired a new position in Take-Two Interactive Software in the 1st quarter valued at about $206,000. Blair William & Co. IL grew its position in Take-Two Interactive Software by 3.2% in the 1st quarter. Blair William & Co. IL now owns 41,602 shares of the company’s stock valued at $6,396,000 after acquiring an additional 1,289 shares in the last quarter. Finally, Aviva PLC grew its position in shares of Take-Two Interactive Software by 73.2% during the first quarter. Aviva PLC now owns 85,889 shares of the company’s stock worth $13,205,000 after buying an additional 36,292 shares in the last quarter. 89.95% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Credit Suisse Group upped their price target on Take-Two Interactive Software from $128.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, August 9th. Morgan Stanley upped their price target on Take-Two Interactive Software from $160.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. Barclays upped their price target on Take-Two Interactive Software from $160.00 to $161.00 and gave the company an “overweight” rating in a report on Thursday, August 10th. JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $162.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, September 28th. Finally, HSBC assumed coverage on Take-Two Interactive Software in a research note on Tuesday, July 25th. They issued a “buy” rating and a $170.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $152.88.
Take-Two Interactive Software Stock Up 1.0 %
TTWO opened at $155.88 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. The firm has a market cap of $26.51 billion, a P/E ratio of -17.42, a PEG ratio of 2.84 and a beta of 0.68. Take-Two Interactive Software, Inc. has a 52 week low of $96.00 and a 52 week high of $156.54. The business’s fifty day simple moving average is $141.88 and its 200 day simple moving average is $141.16.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its earnings results on Wednesday, November 8th. The company reported ($3.20) earnings per share for the quarter, missing the consensus estimate of $1.02 by ($4.22). Take-Two Interactive Software had a positive return on equity of 3.32% and a negative net margin of 27.83%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter last year, the company posted $0.72 earnings per share. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.62 EPS for the current fiscal year.
About Take-Two Interactive Software
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.
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