iA Global Asset Management Inc. Has $11.26 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

iA Global Asset Management Inc. raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 208.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,170 shares of the company’s stock after acquiring an additional 41,332 shares during the quarter. iA Global Asset Management Inc.’s holdings in Take-Two Interactive Software were worth $11,260,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. First Horizon Advisors Inc. lifted its stake in Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after acquiring an additional 54 shares during the last quarter. Fifth Third Bancorp lifted its stake in Take-Two Interactive Software by 0.3% in the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after acquiring an additional 57 shares during the last quarter. Principal Securities Inc. lifted its stake 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 valued at $189,000 after acquiring an additional 58 shares during the last quarter. Y.D. More Investments Ltd lifted its stake in Take-Two Interactive Software by 2.0% in the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after acquiring an additional 61 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in Take-Two Interactive Software by 2.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock valued at $542,000 after acquiring an additional 73 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 2.2 %

TTWO opened at $208.86 on Thursday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $218.75. 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 firm’s fifty day moving average price is $198.78 and its two-hundred day moving average price is $180.06. The company has a market capitalization of $36.86 billion, a P/E ratio of -9.79, a P/E/G ratio of 6.83 and a beta of 0.82.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Stifel Nicolaus lifted their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. DA Davidson started coverage on shares of Take-Two Interactive Software in a research report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price target on the stock. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Ascendiant Capital Markets lifted their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Finally, Benchmark reissued a “buy” rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software 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.