Metropolitan Life Insurance Co NY lowered its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,374 shares of the company’s stock after selling 562 shares during the quarter. Metropolitan Life Insurance Co NY’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $2,428,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. North Star Investment Management Corp. bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 3rd quarter valued at $25,000. Squar Milner Financial Services LLC grew its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 475.7% during the 3rd quarter. Squar Milner Financial Services LLC now owns 213 shares of the company’s stock worth $26,000 after purchasing an additional 176 shares in the last quarter. Phocas Financial Corp. acquired a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter worth $284,000. Steward Partners Investment Advisory LLC bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the second quarter worth $28,000. Finally, Larson Financial Group LLC bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the third quarter worth $34,000. 90.92% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on TTWO shares. Morgan Stanley upped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. KeyCorp raised their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Oppenheimer raised their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE from $135.00 to $145.00 in a report on Wednesday, September 11th. Jefferies Financial Group boosted their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE from $115.00 to $125.00 and gave the company a “hold” rating in a research report on Tuesday, August 6th. They noted that the move was a valuation call. Finally, ValuEngine downgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. TAKE-TWO INTERACTIVE SOFTWARE has an average rating of “Buy” and a consensus target price of $132.79.

Shares of TAKE-TWO INTERACTIVE SOFTWARE stock opened at $120.73 on Tuesday. The firm has a market capitalization of $13.75 billion, a PE ratio of 31.12, a price-to-earnings-growth ratio of 4.29 and a beta of 0.70. The company has a current ratio of 1.48, a quick ratio of 1.46 and a debt-to-equity ratio of 0.05. The firm’s 50 day moving average is $121.17 and its 200 day moving average is $120.04. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 1 year low of $84.41 and a 1 year high of $135.70.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, November 7th. The company reported $2.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.78. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.14% and a return on equity of 26.81%. The business had revenue of $950.50 million during the quarter, compared to the consensus estimate of $926.91 million. During the same quarter in the prior year, the firm earned $1.05 EPS. The firm’s revenue was up 62.9% compared to the same quarter last year. As a group, research analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 earnings per share for the current 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 and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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