PNC Financial Services Group Inc. grew its position in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 8.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,932 shares of the company’s stock after buying an additional 453 shares during the period. PNC Financial Services Group Inc.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $819,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of TTWO. Capital Advisors Ltd. LLC lifted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 169.9% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 834 shares of the company’s stock valued at $115,000 after buying an additional 525 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at $130,000. Girard Partners LTD. purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 3rd quarter valued at $137,000. IFP Advisors Inc lifted its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 586.7% during the 3rd quarter. IFP Advisors Inc now owns 1,339 shares of the company’s stock worth $185,000 after purchasing an additional 1,144 shares in the last quarter. Finally, Motley Fool Asset Management LLC purchased a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the 3rd quarter worth about $202,000. 90.37% of the stock is currently owned by hedge funds and other institutional investors.
TTWO has been the topic of a number of recent research reports. Wedbush set a $150.00 price objective on TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a report on Tuesday, October 30th. BidaskClub raised TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating in a report on Friday, September 14th. Stifel Nicolaus increased their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $137.00 to $144.00 and gave the stock a “buy” rating in a report on Tuesday, September 11th. Bank of America increased their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $143.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, August 30th. Finally, Jefferies Financial Group increased their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, November 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the company’s stock. TAKE-TWO INTERACTIVE SOFTWARE currently has a consensus rating of “Buy” and a consensus target price of $144.53.
Shares of NASDAQ TTWO opened at $103.46 on Friday. The stock has a market capitalization of $12.06 billion, a price-to-earnings ratio of 41.37, a price-to-earnings-growth ratio of 1.84 and a beta of 1.11. TAKE-TWO INTERACTIVE SOFTWARE, INC has a twelve month low of $92.81 and a twelve month 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 analysts’ consensus estimates of $0.68 by $0.16. The business had revenue of $583.42 million for the quarter, compared to analyst estimates of $549.87 million. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 18.08% and a net margin of 11.76%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.09 EPS. On average, equities analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 earnings per share for the current fiscal year.
In other TAKE-TWO INTERACTIVE SOFTWARE news, VP Daniel P. Emerson sold 13,268 shares of the company’s stock in a transaction dated Wednesday, October 10th. The stock was sold at an average price of $123.63, for a total value of $1,640,322.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.07% of the stock is owned by corporate insiders.
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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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