Pictet Asset Management Ltd. increased its stake in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,900 shares of the company’s stock after buying an additional 900 shares during the period. Pictet Asset Management Ltd.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $6,380,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Andra AP fonden raised its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 3.4% in the 3rd quarter. Andra AP fonden now owns 39,300 shares of the company’s stock worth $4,926,000 after purchasing an additional 1,300 shares during the last quarter. Highland Capital Management LLC increased its stake in TAKE-TWO INTERACTIVE SOFTWARE by 46.0% during the 3rd quarter. Highland Capital Management LLC now owns 16,109 shares of the company’s stock valued at $2,019,000 after purchasing an additional 5,074 shares in the last quarter. Virtu Financial LLC purchased a new position in TAKE-TWO INTERACTIVE SOFTWARE in the third quarter worth about $870,000. J.P. Marvel Investment Advisors LLC purchased a new position in TAKE-TWO INTERACTIVE SOFTWARE in the third quarter worth about $645,000. Finally, Boston Partners raised its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 6.8% in the third quarter. Boston Partners now owns 499,113 shares of the company’s stock worth $62,545,000 after buying an additional 31,713 shares during the last quarter. 90.92% of the stock is owned by institutional investors.

TAKE-TWO INTERACTIVE SOFTWARE stock opened at $123.11 on Wednesday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a one year low of $84.41 and a one year high of $135.70. The stock has a fifty day moving average of $121.19 and a 200 day moving average of $120.12. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.46 and a current ratio of 1.48. The stock has a market cap of $13.75 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 4.29 and a beta of 0.70.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Thursday, November 7th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.78. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 26.81% and a net margin of 11.14%. The business had revenue of $950.50 million for the quarter, compared to analysts’ expectations of $926.91 million. During the same period last year, the firm posted $1.05 earnings per share. The business’s revenue for the quarter was up 62.9% on a year-over-year basis. As a group, sell-side analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 EPS for the current fiscal year.

A number of equities research analysts have recently commented on the stock. Wedbush reiterated a “buy” rating and set a $144.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, August 6th. Morgan Stanley upped their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Oppenheimer increased their target price on TAKE-TWO INTERACTIVE SOFTWARE from $135.00 to $145.00 in a research note on Wednesday, September 11th. SunTrust Banks reissued a “buy” rating and issued a $133.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Friday, November 22nd. Finally, BMO Capital Markets boosted their price target on TAKE-TWO INTERACTIVE SOFTWARE to $120.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $132.79.

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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