BidaskClub lowered shares of Take-Two Interactive Software (NASDAQ:TTWO) from a buy rating to a hold rating in a research note released on Thursday.

A number of other brokerages also recently issued reports on TTWO. Credit Suisse Group reaffirmed a hold rating and set a $116.00 price target on shares of Take-Two Interactive Software in a report on Thursday, December 7th. Morgan Stanley reaffirmed an overweight rating and set a $148.00 price target (down from $150.00) on shares of Take-Two Interactive Software in a report on Thursday, February 8th. CIBC reaffirmed an outperform rating and set a $135.00 price target (up from $112.00) on shares of Take-Two Interactive Software in a report on Tuesday, November 21st. KeyCorp reaffirmed a buy rating on shares of Take-Two Interactive Software in a report on Tuesday, December 19th. Finally, Barclays reaffirmed an overweight rating and set a $128.00 price target (up from $121.00) on shares of Take-Two Interactive Software in a report on Thursday, February 8th. Seven equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of $123.48.

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Shares of Take-Two Interactive Software (TTWO) opened at $107.29 on Thursday. The stock has a market capitalization of $12,273.76, a PE ratio of 35.41, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a current ratio of 1.18, a quick ratio of 1.17 and a debt-to-equity ratio of 0.01. Take-Two Interactive Software has a fifty-two week low of $56.50 and a fifty-two week high of $129.25.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $1.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.34. The company had revenue of $653.94 million during the quarter, compared to the consensus estimate of $669.08 million. Take-Two Interactive Software had a return on equity of 27.78% and a net margin of 9.43%. sell-side analysts predict that Take-Two Interactive Software will post 2.45 earnings per share for the current fiscal year.

In related news, Director Michael Sheresky sold 428 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $108.11, for a total value of $46,271.08. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.55% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Prudential Financial Inc. increased its position in Take-Two Interactive Software by 20.4% in the 3rd quarter. Prudential Financial Inc. now owns 77,314 shares of the company’s stock valued at $7,904,000 after acquiring an additional 13,080 shares during the period. CIBC Asset Management Inc acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at about $349,000. Nisa Investment Advisors LLC increased its position in Take-Two Interactive Software by 109.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 43,369 shares of the company’s stock valued at $4,761,000 after acquiring an additional 22,620 shares during the period. Swiss National Bank increased its position in Take-Two Interactive Software by 2.2% in the 3rd quarter. Swiss National Bank now owns 173,700 shares of the company’s stock valued at $17,757,000 after acquiring an additional 3,800 shares during the period. Finally, Atlantic Trust Group LLC acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at about $2,456,000. Hedge funds and other institutional investors own 91.31% of the company’s stock.

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About Take-Two Interactive Software

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

Analyst Recommendations for Take-Two Interactive Software (NASDAQ:TTWO)

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