Mather Group LLC. Trims Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mather Group LLC. lessened its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,190 shares of the company’s stock after selling 199 shares during the quarter. Mather Group LLC.’s holdings in Take-Two Interactive Software were worth $219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TTWO. State Street Corp raised its holdings 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 purchasing an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after buying an additional 648,982 shares during the period. Assenagon Asset Management S.A. raised its stake in Take-Two Interactive Software by 1,780.1% in the third quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock worth $70,807,000 after buying an additional 436,150 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Take-Two Interactive Software by 10.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after buying an additional 417,325 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after buying an additional 134,767 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price target for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Roth Mkm raised their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. TD Cowen upped their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Finally, Citigroup increased their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. One research analyst has rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $206.24.

Insiders Place Their Bets

In other news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.45% of the stock is owned by insiders.

Take-Two Interactive Software Stock Down 1.0 %

TTWO stock opened at $183.08 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $192.50. The stock has a market capitalization of $32.15 billion, a P/E ratio of -8.65, a P/E/G ratio of 5.76 and a beta of 0.89. The business has a fifty day moving average price of $185.53 and a 200-day moving average price of $168.10.

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.