Scout Investments Inc. increased its position in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 27.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 277,942 shares of the company’s stock after purchasing an additional 60,062 shares during the quarter. Scout Investments Inc.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $28,611,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 307.3% during the third quarter. Signaturefd LLC now owns 778 shares of the company’s stock worth $107,000 after purchasing an additional 587 shares during the period. Capital Advisors Ltd. LLC lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 169.9% during the third quarter. Capital Advisors Ltd. LLC now owns 834 shares of the company’s stock worth $115,000 after purchasing an additional 525 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. acquired a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the second quarter worth about $130,000. Girard Partners LTD. acquired a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the third quarter worth about $137,000. Finally, IFP Advisors Inc lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 586.7% during the third quarter. IFP Advisors Inc now owns 1,339 shares of the company’s stock worth $185,000 after purchasing an additional 1,144 shares during the period. 90.34% of the stock is owned by hedge funds and other institutional investors.

Shares of TTWO stock traded down $0.97 during trading hours on Friday, hitting $109.03. 1,816,479 shares of the company’s stock were exchanged, compared to its average volume of 2,250,786. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 62.30, a PEG ratio of 1.87 and a beta of 1.09. TAKE-TWO INTERACTIVE SOFTWARE, INC has a fifty-two week low of $92.81 and a fifty-two week high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Wednesday, November 7th. The company reported $0.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.16. The business had revenue of $583.42 million during the quarter, compared to the consensus estimate of $549.87 million. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 18.08% and a net margin of 11.76%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.09 EPS. On average, research analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 EPS for the current year.

A number of research analysts have issued reports on the company. Zacks Investment Research downgraded TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a report on Thursday. Stephens assumed coverage on TAKE-TWO INTERACTIVE SOFTWARE in a report on Thursday. They issued an “overweight” rating and a $138.00 price target for the company. Jefferies Financial Group boosted their price target on TAKE-TWO INTERACTIVE SOFTWARE from $150.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, November 8th. BidaskClub raised TAKE-TWO INTERACTIVE SOFTWARE from a “sell” rating to a “hold” rating in a report on Saturday, December 22nd. Finally, Morgan Stanley boosted their price target on TAKE-TWO INTERACTIVE SOFTWARE from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, November 8th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $143.38.

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TAKE-TWO INTERACTIVE SOFTWARE Company 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 and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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