SFE Investment Counsel lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 168.1% during the 1st quarter, Holdings Channel reports. The firm owned 36,116 shares of the company’s stock after buying an additional 22,644 shares during the quarter. TAKE-TWO INTERACTIVE SOFTWARE accounts for about 1.5% of SFE Investment Counsel’s investment portfolio, making the stock its 24th largest holding. SFE Investment Counsel’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $3,408,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 2.4% in the 4th quarter. BlackRock Inc. now owns 8,222,990 shares of the company’s stock worth $846,473,000 after acquiring an additional 190,881 shares during the last quarter. FMR LLC grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 8.6% in the 4th quarter. FMR LLC now owns 3,871,977 shares of the company’s stock worth $398,581,000 after acquiring an additional 307,032 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 42.4% in the 1st quarter. JPMorgan Chase & Co. now owns 3,699,665 shares of the company’s stock worth $349,137,000 after acquiring an additional 1,101,453 shares during the last quarter. Geode Capital Management LLC grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 10.1% in the 4th quarter. Geode Capital Management LLC now owns 1,548,646 shares of the company’s stock worth $159,151,000 after acquiring an additional 141,833 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 5.9% in the 4th quarter. American Century Companies Inc. now owns 1,461,429 shares of the company’s stock worth $150,440,000 after acquiring an additional 80,815 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors.

A number of brokerages have issued reports on TTWO. KeyCorp cut their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $152.00 to $133.00 and set an “overweight” rating on the stock in a report on Tuesday, May 14th. Zacks Investment Research lowered shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “sell” rating in a report on Thursday. Wedbush reissued an “outperform” rating and issued a $126.00 price target (up previously from $119.00) on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Wednesday, May 8th. Credit Suisse Group raised their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $115.00 to $119.00 and gave the stock a “neutral” rating in a report on Tuesday, May 14th. Finally, MKM Partners cut their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE to $115.00 and set a “buy” rating on the stock in a report on Thursday, February 7th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $126.19.

Shares of TTWO traded down $0.98 during trading hours on Monday, reaching $105.68. 30,762 shares of the company traded hands, compared to its average volume of 2,107,221. The firm has a market capitalization of $12.00 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 2.36 and a beta of 0.99. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12 month low of $84.41 and a 12 month high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Monday, May 13th. The company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.07). The company had revenue of $488.40 million for the quarter, compared to the consensus estimate of $500.86 million. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 12.51% and a return on equity of 25.62%. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.70 EPS. As a group, sell-side analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.39 earnings per share for the current fiscal year.

In other news, CEO Strauss Zelnick sold 144,614 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $94.05, for a total transaction of $13,600,946.70. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.07% of the company’s stock.

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TAKE-TWO INTERACTIVE SOFTWARE 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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