RWC Asset Management LLP acquired a new position in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) in the fourth quarter, Holdings Channel reports. The firm acquired 77,000 shares of the company’s stock, valued at approximately $8,453,000.

Other hedge funds also recently added to or reduced their stakes in the company. Dupont Capital Management Corp bought a new position in Take-Two Interactive Software during the third quarter worth $102,000. JFS Wealth Advisors LLC bought a new position in Take-Two Interactive Software during the fourth quarter worth $110,000. Invictus RG boosted its position in Take-Two Interactive Software by 1,188.8% during the third quarter. Invictus RG now owns 1,031 shares of the company’s stock worth $105,000 after purchasing an additional 951 shares during the period. Cerebellum GP LLC bought a new position in Take-Two Interactive Software during the fourth quarter worth $133,000. Finally, Huntington National Bank boosted its position in Take-Two Interactive Software by 75.0% during the fourth quarter. Huntington National Bank now owns 1,419 shares of the company’s stock worth $156,000 after purchasing an additional 608 shares during the period. 89.60% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on TTWO. TheStreet raised shares of Take-Two Interactive Software from a “c+” rating to a “b” rating in a research report on Wednesday, February 7th. Hilliard Lyons raised shares of Take-Two Interactive Software from an “underperform” rating to a “neutral” rating in a research report on Friday. BidaskClub cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “buy” rating in a research report on Friday. Morgan Stanley reissued an “overweight” rating and set a $148.00 target price (down previously from $150.00) on shares of Take-Two Interactive Software in a report on Thursday, February 8th. Finally, Credit Suisse Group lifted their target price on Take-Two Interactive Software from $125.00 to $128.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Six research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Take-Two Interactive Software has a consensus rating of “Buy” and an average target price of $123.48.

Shares of Take-Two Interactive Software Inc (NASDAQ TTWO) opened at $109.93 on Tuesday. The firm has a market capitalization of $12,406.50, a price-to-earnings ratio of 35.79, a PEG ratio of 3.18 and a beta of 0.85. Take-Two Interactive Software Inc has a twelve month low of $56.50 and a twelve month high of $129.25. The company has a current ratio of 1.18, a quick ratio of 1.17 and a debt-to-equity ratio of 0.01.

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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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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