Municipal Employees Retirement System of Michigan lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 19.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 32,220 shares of the company’s stock after selling 7,860 shares during the quarter. Municipal Employees Retirement System of Michigan’s holdings in Take-Two Interactive Software were worth $3,294,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dupont Capital Management Corp purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $102,000. Smithfield Trust Co. purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $125,000. Crow Point Partners LLC lifted its stake in shares of Take-Two Interactive Software by 63.4% in the 2nd quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock valued at $129,000 after purchasing an additional 689 shares during the period. Fortaleza Asset Management Inc. purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $134,000. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $183,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

TTWO has been the subject of a number of research analyst reports. Cowen and Company cut Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 target price for the company. in a research note on Monday, October 9th. Benchmark Co. reaffirmed a “buy” rating and set a $110.00 price objective (up previously from $100.00) on shares of Take-Two Interactive Software in a research report on Saturday, September 16th. Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 price objective (up previously from $96.00) on shares of Take-Two Interactive Software in a research report on Wednesday, September 6th. Zacks Investment Research raised Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, Goldman Sachs Group, Inc. (The) started coverage on Take-Two Interactive Software in a research report on Friday, September 8th. They set a “buy” rating and a $118.00 price objective for the company. One analyst has rated the stock with a sell rating, four have given a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $110.65.

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Take-Two Interactive Software, Inc. (NASDAQ TTWO) traded up $0.52 during trading on Monday, hitting $115.68. The company’s stock had a trading volume of 2,089,700 shares, compared to its average volume of 1,881,745. The company has a market cap of $13,530.00, a price-to-earnings ratio of 45.19, a price-to-earnings-growth ratio of 3.35 and a beta of 0.82. Take-Two Interactive Software, Inc. has a twelve month low of $46.05 and a twelve month high of $120.62. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.04.

Take-Two Interactive Software 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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