Principal Financial Group Inc. Boosts Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Principal Financial Group Inc. lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Rating) by 42.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,611 shares of the company’s stock after purchasing an additional 60,536 shares during the quarter. Principal Financial Group Inc. owned 0.18% of Take-Two Interactive Software worth $24,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of TTWO. CIBC Private Wealth Group LLC raised its position in Take-Two Interactive Software by 2,500.0% in the 2nd quarter. CIBC Private Wealth Group LLC now owns 208 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the last quarter. Quent Capital LLC purchased a new position in Take-Two Interactive Software in the 1st quarter worth about $26,000. Psagot Value Holdings Ltd. Israel raised its position in Take-Two Interactive Software by 97.2% in the 2nd quarter. Psagot Value Holdings Ltd. Israel now owns 211 shares of the company’s stock worth $26,000 after buying an additional 104 shares during the last quarter. Prospera Financial Services Inc raised its position in Take-Two Interactive Software by 104.6% in the 2nd quarter. Prospera Financial Services Inc now owns 221 shares of the company’s stock worth $27,000 after buying an additional 113 shares during the last quarter. Finally, CVA Family Office LLC raised its position in Take-Two Interactive Software by 2,170.0% in the 2nd quarter. CVA Family Office LLC now owns 227 shares of the company’s stock worth $28,000 after buying an additional 217 shares during the last quarter. Hedge funds and other institutional investors own 95.43% of the company’s stock.

Take-Two Interactive Software Stock Down 0.9 %

NASDAQ TTWO opened at $98.77 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.31. Take-Two Interactive Software, Inc. has a one year low of $90.00 and a one year high of $182.25. The stock has a 50 day moving average price of $114.98 and a 200-day moving average price of $121.07.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Morgan Stanley decreased their target price on Take-Two Interactive Software from $190.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, November 8th. Wells Fargo & Company reduced their price target on shares of Take-Two Interactive Software from $185.00 to $132.00 and set an “overweight” rating for the company in a research report on Tuesday, November 8th. BMO Capital Markets reduced their price target on shares of Take-Two Interactive Software from $155.00 to $120.00 and set an “outperform” rating for the company in a research report on Wednesday, November 9th. Credit Suisse Group reduced their price target on shares of Take-Two Interactive Software from $137.00 to $122.00 and set a “neutral” rating for the company in a research report on Tuesday, November 8th. Finally, StockNews.com started coverage on shares of Take-Two Interactive Software in a research report on Wednesday, October 12th. They set a “sell” rating for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twenty have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.50.

About Take-Two Interactive Software

(Get Rating)

Take-Two Interactive Software, Inc engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers, including smart phones and tablets, and are delivered through physical retail, digital download, online platforms, and cloud streaming services.

Recommended Stories

Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Rating).

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

Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter.