Meiji Yasuda Asset Management Co Ltd. Acquires 329 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,680 shares of the company’s stock after acquiring an additional 329 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Take-Two Interactive Software were worth $493,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software during the third quarter valued at approximately $27,000. Assetmark Inc. raised its stake in Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after buying an additional 106 shares during the last quarter. Versant Capital Management Inc raised its stake in Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after buying an additional 87 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at $31,000. Finally, Friedenthal Financial purchased a new position in shares of Take-Two Interactive Software in the 4th quarter worth $50,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on TTWO shares. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Citigroup upped their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Raymond James restated an “outperform” rating and set a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Moffett Nathanson increased 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 report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $214.29 on Friday. The firm has a market cap of $37.82 billion, a price-to-earnings ratio of -10.05, a P/E/G ratio of 6.83 and a beta of 0.82. The firm has a fifty day moving average price of $202.75 and a 200 day moving average price of $182.25. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

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.