Creative Planning grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 21.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 8,797 shares of the company’s stock after acquiring an additional 1,534 shares during the quarter. Creative Planning’s holdings in Take-Two Interactive Software were worth $1,295,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in TTWO. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in 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 acquiring an additional 971 shares during the period. Yousif Capital Management LLC boosted its position in Take-Two Interactive Software by 1.8% during the 1st quarter. Yousif Capital Management LLC now owns 16,817 shares of the company’s stock worth $2,585,000 after acquiring an additional 300 shares during the period. Raymond James Trust N.A. acquired a new position in Take-Two Interactive Software during the 1st quarter worth $206,000. Dimensional Fund Advisors LP raised its stake in shares of Take-Two Interactive Software by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 512,184 shares of the company’s stock worth $78,757,000 after buying an additional 5,382 shares in the last quarter. Finally, Blair William & Co. IL raised its stake in shares of 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 worth $6,396,000 after buying an additional 1,289 shares in the last quarter. Institutional investors and hedge funds own 89.95% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently commented on the company. 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 on the stock. Raymond James raised Take-Two Interactive Software from a “market perform” rating to an “outperform” rating and set a $170.00 price objective on the stock in a research note on Wednesday. UBS Group boosted their price objective on Take-Two Interactive Software from $130.00 to $151.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 26th. Oppenheimer reaffirmed an “outperform” rating and set a $157.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Finally, Barclays boosted their target price on Take-Two Interactive Software from $160.00 to $161.00 and gave the stock an “overweight” rating in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $149.35.
Take-Two Interactive Software Stock Performance
Shares of NASDAQ TTWO opened at $142.83 on Friday. The business’s 50-day moving average price is $140.99 and its two-hundred day moving average price is $137.11. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.82 and a quick ratio of 0.82. Take-Two Interactive Software, Inc. has a one year low of $90.00 and a one year high of $153.84. The company has a market capitalization of $24.26 billion, a P/E ratio of -19.59, a price-to-earnings-growth ratio of 2.60 and a beta of 0.68.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly earnings results on Tuesday, August 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.05. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.20 billion. Take-Two Interactive Software had a positive return on equity of 3.04% and a negative net margin of 22.17%. Analysts anticipate that Take-Two Interactive Software, Inc. will post 1.65 earnings per share for the current fiscal year.
Take-Two Interactive Software Company Profile
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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