Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Fulton Bank N.A.

Fulton Bank N.A. raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Rating) by 8.9% in the second quarter, Holdings Channel.com reports. The fund owned 2,514 shares of the company’s stock after acquiring an additional 206 shares during the period. Fulton Bank N.A.’s holdings in Take-Two Interactive Software were worth $308,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. River & Mercantile Asset Management LLP lifted its stake in Take-Two Interactive Software by 0.7% during the fourth quarter. River & Mercantile Asset Management LLP now owns 9,250 shares of the company’s stock valued at $1,644,000 after buying an additional 60 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Take-Two Interactive Software by 40.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 230 shares of the company’s stock valued at $41,000 after buying an additional 66 shares in the last quarter. Prestige Wealth Management Group LLC lifted its stake in Take-Two Interactive Software by 11.3% during the fourth quarter. Prestige Wealth Management Group LLC now owns 786 shares of the company’s stock valued at $140,000 after buying an additional 80 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its stake in Take-Two Interactive Software by 3.0% during the first quarter. NorthCrest Asset Manangement LLC now owns 2,760 shares of the company’s stock valued at $424,000 after buying an additional 80 shares in the last quarter. Finally, Pacific Global Investment Management Co. lifted its stake in Take-Two Interactive Software by 0.6% during the first quarter. Pacific Global Investment Management Co. now owns 15,198 shares of the company’s stock valued at $2,337,000 after buying an additional 87 shares in the last quarter. 95.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on the stock. Bank of America lowered shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $141.00 to $130.00 in a research note on Tuesday, August 9th. Morgan Stanley reduced their price objective on shares of Take-Two Interactive Software from $195.00 to $190.00 and set an “overweight” rating for the company in a research note on Tuesday, August 9th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $136.00 target price on shares of Take-Two Interactive Software in a report on Thursday, June 9th. Deutsche Bank Aktiengesellschaft downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating and dropped their target price for the company from $200.00 to $160.00 in a report on Wednesday, August 17th. Finally, Stifel Nicolaus dropped their target price on Take-Two Interactive Software from $195.00 to $180.00 in a report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $167.12.

Take-Two Interactive Software Stock Down 3.3 %

TTWO stock opened at $124.19 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.30. The business’s 50 day simple moving average is $125.94 and its 200 day simple moving average is $130.58. Take-Two Interactive Software, Inc. has a 1-year low of $101.85 and a 1-year high of $195.82. The firm has a market capitalization of $14.38 billion, a PE ratio of 81.70, a PEG ratio of 2.09 and a beta of 0.77.

Take-Two Interactive Software (NASDAQ:TTWOGet Rating) last released its earnings results on Monday, August 8th. The company reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($1.60). Take-Two Interactive Software had a net margin of 4.26% and a return on equity of 8.21%. The company had revenue of $1,000.00 million for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the company posted $0.70 earnings per share. The business’s revenue was up 40.6% compared to the same quarter last year. As a group, research analysts anticipate that Take-Two Interactive Software, Inc. will post 3.27 EPS for the current year.

Take-Two Interactive Software Profile

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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 T2 Mobile Games names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes and content, as well as develops brands in other genres, including the LA Noire, Bully, and Manhunt franchises.

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

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