Janney Montgomery Scott LLC Raises Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Janney Montgomery Scott LLC raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Rating) by 19.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,836 shares of the company’s stock after acquiring an additional 2,459 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Take-Two Interactive Software were worth $1,618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of TTWO. CIBC Private Wealth Group LLC lifted its stake in shares of Take-Two Interactive Software by 2,500.0% during the 2nd quarter. CIBC Private Wealth Group LLC now owns 208 shares of the company’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Psagot Value Holdings Ltd. Israel lifted its stake in shares of Take-Two Interactive Software by 97.2% during the 2nd quarter. Psagot Value Holdings Ltd. Israel now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 104 shares in the last quarter. Prospera Financial Services Inc lifted its stake in shares of Take-Two Interactive Software by 104.6% during the 2nd quarter. Prospera Financial Services Inc now owns 221 shares of the company’s stock valued at $27,000 after buying an additional 113 shares in the last quarter. Financial Avengers Inc. purchased a new position in shares of Take-Two Interactive Software during the 2nd quarter valued at $27,000. Finally, CVA Family Office LLC lifted its stake in shares of Take-Two Interactive Software by 2,170.0% during the 2nd quarter. CVA Family Office LLC now owns 227 shares of the company’s stock valued at $28,000 after buying an additional 217 shares in the last quarter. Hedge funds and other institutional investors own 87.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on TTWO shares. StockNews.com started coverage on shares of Take-Two Interactive Software in a research note on Wednesday, October 12th. They set a “sell” rating on the stock. Robert W. Baird decreased their price target on shares of Take-Two Interactive Software from $140.00 to $120.00 in a research note on Tuesday, November 8th. Stifel Nicolaus decreased their price target on shares of Take-Two Interactive Software from $161.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, November 8th. BMO Capital Markets decreased their price target on shares of Take-Two Interactive Software from $155.00 to $120.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 9th. Finally, Cowen decreased their price target on shares of Take-Two Interactive Software from $185.00 to $147.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $148.81.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $105.03 on Monday. The company’s 50-day simple moving average is $102.04 and its two-hundred day simple moving average is $115.42. Take-Two Interactive Software, Inc. has a one year low of $90.00 and a one year high of $178.50. The company has a market capitalization of $17.63 billion, a P/E ratio of -954.82, a P/E/G ratio of 2.89 and a beta of 0.74. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.94 and a quick ratio of 0.94.

Take-Two Interactive Software (NASDAQ:TTWOGet Rating) last issued its quarterly earnings data on Monday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.15). The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Take-Two Interactive Software had a negative net margin of 2.44% and a positive return on equity of 6.01%. As a group, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 2.21 EPS for the current year.

Take-Two Interactive Software Company 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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