Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by US Bancorp DE

US Bancorp DE lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,090 shares of the company’s stock after selling 1,902 shares during the quarter. US Bancorp DE’s holdings in Take-Two Interactive Software were worth $3,987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Take-Two Interactive Software by 6.7% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,443 shares of the company’s stock worth $2,374,000 after purchasing an additional 971 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 1.8% in the 1st quarter. Yousif Capital Management LLC now owns 16,817 shares of the company’s stock valued at $2,585,000 after acquiring an additional 300 shares during the period. Raymond James Trust N.A. acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at $206,000. Dimensional Fund Advisors LP increased its holdings in shares of Take-Two Interactive Software by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 512,184 shares of the company’s stock valued at $78,757,000 after acquiring an additional 5,382 shares during the period. Finally, Blair William & Co. IL increased its holdings in shares of Take-Two Interactive Software by 3.2% in the 1st quarter. Blair William & Co. IL now owns 41,602 shares of the company’s stock valued at $6,396,000 after acquiring an additional 1,289 shares during the period. Institutional investors and hedge funds own 89.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TTWO shares. Credit Suisse Group lifted their target price on shares of Take-Two Interactive Software from $128.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, August 9th. JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, September 28th. Benchmark boosted their price objective on shares of Take-Two Interactive Software from $156.00 to $164.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. Morgan Stanley boosted their price objective on shares of Take-Two Interactive Software from $160.00 to $175.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. Finally, StockNews.com initiated coverage on shares of Take-Two Interactive Software in a research note on Thursday, October 5th. They issued a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $152.88.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $155.88 on Tuesday. Take-Two Interactive Software, Inc. has a 52 week low of $96.00 and a 52 week high of $156.54. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. The firm’s 50-day simple moving average is $141.88 and its 200 day simple moving average is $141.16. The firm has a market capitalization of $26.51 billion, a PE ratio of -17.42, a P/E/G ratio of 2.84 and a beta of 0.68.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Wednesday, November 8th. The company reported ($3.20) EPS for the quarter, missing the consensus estimate of $1.02 by ($4.22). The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Take-Two Interactive Software had a positive return on equity of 3.32% and a negative net margin of 27.83%. Take-Two Interactive Software’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 earnings per share. On average, equities research analysts predict that Take-Two Interactive Software, Inc. will post 1.62 EPS for the current fiscal year.

About Take-Two Interactive Software

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 Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.