Korea Investment CORP Has $14.63 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Korea Investment CORP increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 229.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,493 shares of the company’s stock after acquiring an additional 55,367 shares during the quarter. Korea Investment CORP’s holdings in Take-Two Interactive Software were worth $14,633,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. First Horizon Advisors Inc. grew its stake in shares of Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after buying an additional 54 shares during the period. Fifth Third Bancorp boosted its holdings in Take-Two Interactive Software by 0.3% in the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after acquiring an additional 57 shares in the last quarter. Principal Securities Inc. grew its stake in Take-Two Interactive Software by 6.0% in the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock valued at $189,000 after acquiring an additional 58 shares during the period. Y.D. More Investments Ltd increased its holdings in shares of Take-Two Interactive Software by 2.0% during the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after acquiring an additional 61 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its position in shares of Take-Two Interactive Software by 2.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock worth $542,000 after purchasing an additional 73 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TTWO. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price target for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Citigroup lifted their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Oppenheimer upped their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Raymond James reiterated an “outperform” rating and set a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, DA Davidson assumed coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Trading Down 1.8 %

Shares of TTWO opened at $210.47 on Monday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. The business has a 50-day moving average of $203.24 and a 200 day moving average of $183.04. The firm has a market cap of $37.15 billion, a P/E ratio of -9.87, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.