Newbrook Capital Advisors LP raised its stake in Take-Two Interactive Software Inc (NASDAQ:TTWO) by 6.1% in the 4th quarter, Holdings Channel reports. The firm owned 812,272 shares of the company’s stock after buying an additional 46,470 shares during the quarter. Take-Two Interactive Software comprises 6.0% of Newbrook Capital Advisors LP’s investment portfolio, making the stock its 7th largest position. Newbrook Capital Advisors LP’s holdings in Take-Two Interactive Software were worth $89,171,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Dupont Capital Management Corp purchased a new stake in shares of Take-Two Interactive Software in the third quarter worth approximately $102,000. Invictus RG increased its position in shares of Take-Two Interactive Software by 1,188.8% during the third quarter. Invictus RG now owns 1,031 shares of the company’s stock valued at $105,000 after acquiring an additional 951 shares during the last quarter. JFS Wealth Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $110,000. Cerebellum GP LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $133,000. Finally, Huntington National Bank increased its position in shares of Take-Two Interactive Software by 75.0% during the fourth quarter. Huntington National Bank now owns 1,419 shares of the company’s stock valued at $156,000 after acquiring an additional 608 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.
In other news, Director Michael Sheresky sold 428 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $108.11, for a total value of $46,271.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.55% of the stock is owned by company insiders.
Take-Two Interactive Software Inc (NASDAQ:TTWO) opened at $111.90 on Wednesday. Take-Two Interactive Software Inc has a twelve month low of $56.50 and a twelve month high of $129.25. The firm has a market capitalization of $13,239.89, a price-to-earnings ratio of 38.20, a price-to-earnings-growth ratio of 3.10 and a beta of 0.96. The company has a current ratio of 1.18, a quick ratio of 1.17 and a debt-to-equity ratio of 0.01.
Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $1.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.34. Take-Two Interactive Software had a return on equity of 27.78% and a net margin of 9.43%. The firm had revenue of $653.94 million during the quarter, compared to analyst estimates of $669.08 million. equities research analysts predict that Take-Two Interactive Software Inc will post 2.45 EPS for the current year.
A number of analysts recently commented on TTWO shares. Oppenheimer increased their price target on Take-Two Interactive Software from $112.00 to $135.00 and gave the company an “outperform” rating in a research report on Tuesday, November 21st. CIBC reaffirmed an “outperform” rating and set a $135.00 price target (up from $112.00) on shares of Take-Two Interactive Software in a research report on Tuesday, November 21st. Zacks Investment Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 27th. ValuEngine downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $116.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, December 7th. Six equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Take-Two Interactive Software presently has an average rating of “Buy” and an average price target of $123.48.
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Take-Two Interactive Software Company Profile
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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