Barr E S & Co. Has $13.88 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Barr E S & Co. trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,354 shares of the company’s stock after selling 3,425 shares during the quarter. Take-Two Interactive Software accounts for 1.1% of Barr E S & Co.’s portfolio, making the stock its 26th largest holding. Barr E S & Co. owned approximately 0.07% of Take-Two Interactive Software worth $13,881,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TTWO. Connectus Wealth LLC boosted its holdings in Take-Two Interactive Software by 23.2% during the first quarter. Connectus Wealth LLC now owns 20,602 shares of the company’s stock valued at $25,000 after purchasing an additional 3,874 shares in the last quarter. Money Concepts Capital Corp boosted its holdings in shares of Take-Two Interactive Software by 73.2% in the 4th quarter. Money Concepts Capital Corp now owns 284 shares of the company’s stock worth $30,000 after acquiring an additional 120 shares in the last quarter. Resurgent Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 4th quarter worth approximately $37,000. Harbour Investments Inc. boosted its holdings in shares of Take-Two Interactive Software by 60.7% in the 4th quarter. Harbour Investments Inc. now owns 376 shares of the company’s stock worth $39,000 after acquiring an additional 142 shares in the last quarter. Finally, CI Investments Inc. boosted its holdings in shares of Take-Two Interactive Software by 87.4% in the 4th quarter. CI Investments Inc. now owns 579 shares of the company’s stock worth $60,000 after acquiring an additional 270 shares in the last quarter. 89.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TTWO has been the topic of several recent analyst reports. Bank of America boosted their target price on Take-Two Interactive Software from $146.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, July 17th. Deutsche Bank Aktiengesellschaft boosted their target price on Take-Two Interactive Software from $120.00 to $155.00 in a report on Friday, June 2nd. StockNews.com began coverage on Take-Two Interactive Software in a report on Thursday, August 17th. They issued a “sell” rating on the stock. HSBC began coverage on Take-Two Interactive Software in a report on Tuesday, July 25th. They set a “buy” rating and a $170.00 price objective on the stock. Finally, BMO Capital Markets upped their price objective on Take-Two Interactive Software from $130.00 to $160.00 in a report on Monday, May 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $147.68.

Take-Two Interactive Software Trading Up 0.4 %

Shares of TTWO traded up $0.54 during trading hours on Friday, reaching $142.77. The stock had a trading volume of 711,796 shares, compared to its average volume of 1,094,655. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.30. Take-Two Interactive Software, Inc. has a 52 week low of $90.00 and a 52 week high of $153.84. The firm has a 50-day moving average of $144.86 and a 200 day moving average of $132.51. The company has a market cap of $24.25 billion, a P/E ratio of -19.58, a P/E/G ratio of 2.76 and a beta of 0.69.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Tuesday, August 8th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.05. Take-Two Interactive Software had a negative net margin of 22.17% and a positive return on equity of 3.04%. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.20 billion. On average, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 1.54 earnings per share for the current fiscal year.

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, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.