MARSHALL WACE ASIA Ltd lifted its holdings in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 58.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 667,961 shares of the company’s stock after acquiring an additional 247,072 shares during the period. TAKE-TWO INTERACTIVE SOFTWARE accounts for approximately 3.1% of MARSHALL WACE ASIA Ltd’s holdings, making the stock its 9th biggest holding. MARSHALL WACE ASIA Ltd owned 0.59% of TAKE-TWO INTERACTIVE SOFTWARE worth $92,172,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in TTWO. American Century Companies Inc. bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE in the second quarter worth about $136,745,000. FMR LLC lifted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 35.1% in the third quarter. FMR LLC now owns 3,564,945 shares of the company’s stock worth $491,927,000 after purchasing an additional 926,316 shares during the last quarter. Congress Asset Management Co. MA bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE in the third quarter worth about $91,225,000. Point72 Asset Management L.P. lifted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 45.1% in the second quarter. Point72 Asset Management L.P. now owns 1,850,345 shares of the company’s stock worth $219,007,000 after purchasing an additional 575,392 shares during the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 26.7% in the third quarter. Allianz Asset Management GmbH now owns 2,318,865 shares of the company’s stock worth $319,980,000 after purchasing an additional 489,197 shares during the last quarter. 90.37% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on the stock. BidaskClub raised shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating in a research note on Friday, September 14th. Bank of America lifted their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $151.00 to $156.00 and gave the company a “buy” rating in a research note on Thursday, November 8th. Wedbush set a $150.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research note on Tuesday, October 30th. Sanford C. Bernstein assumed coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Tuesday, October 9th. They set an “outperform” rating and a $175.00 price target for the company. Finally, Morgan Stanley lifted their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, November 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the company’s stock. TAKE-TWO INTERACTIVE SOFTWARE has a consensus rating of “Buy” and an average price target of $144.53.

Shares of TAKE-TWO INTERACTIVE SOFTWARE stock traded up $4.51 on Thursday, hitting $106.20. 3,468,900 shares of the company traded hands, compared to its average volume of 2,372,943. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 52 week low of $92.81 and a 52 week high of $139.91. The company has a market capitalization of $11.58 billion, a PE ratio of 60.39, a P/E/G ratio of 1.77 and a beta of 1.11.

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

In related news, VP Daniel P. Emerson sold 13,268 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction that occurred on Wednesday, October 10th. The shares were sold at an average price of $123.63, for a total transaction of $1,640,322.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.07% of the company’s stock.

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TAKE-TWO INTERACTIVE SOFTWARE 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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